JOHANNESBURG, Aug. 16 /CNW/ - Witwatersrand Consolidated Gold Resources Ltd. ("Wits Gold" or the "Company") (TSX:WGR; JSE:WGR; OTC:WIWTY) announced today that Mergent's Editorial Board has approved a listing for Wits Gold in Mergent Manuals and News Reports. Wits Gold's corporate profile, as well as news and financial statements, will be accessible via Mergent's online and print products. As part of Mergent's listing services, the new description will be highlighted separately on www.mergent.com with an active hyperlink back to Wits Gold's website.
The Mergent Industrial Manual and News Reports is a recognized securities manual in 38 US states for purposes of Blue Sky Manual Exemption. It was first published in 1918, and formerly known as Moody's Manuals and News Reports. Wits Gold's listing will aid the brokerage community in making a market for the Company's stock.
About Wits Gold
Wits Gold is a gold and uranium company focused on brownfields exploration in the Witwatersrand Basin, South Africa. The Company has been granted prospecting rights over 1196 square kilometres that contain NI43-101 compliant indicated resources of 19.9 Moz gold, in addition to inferred resources of 131.8 Moz gold and 268.1 Mlbs uranium. These resources were estimated and presented by means of a number of technical reports, all of which are filed on the Company's website as well as www.sedar.com. These include the following documents: Technical Report on the Mineral Properties in the SOFS, Potchefstroom and Klerksdorp Goldfields by Snowden, November 2007; Technical Report on the Mineral Properties in the SOFS Goldfield, Snowden, May 2009; Technical Report on the Resource Estimate for the Beisa North Project Area, ExplorMine, June 2009; Technical Report on the Mineral Properties in the Potchefstroom Goldfield, Snowden, October 2009.
The Company is currently focused on two key projects situated between Harmony's Merriespruit and Joel Mines in the southern Free State goldfield. At Bloemhoek, a pre-feasibility study has been completed, resulting in the estimation of a NI43-101 compliant Probable Reserve of 31.6 Mt at 5.34 g/t Au (5.4 Moz). This was presented in a Technical Report on the Pre-feasibility Study for the Bloemhoek Project by Turnberry dated 20 October 2009). On the adjacent De Bron project a scoping study has been completed on a NI43-101 compliant indicated resource of 8.7 Mt at 6.4 g/t Au (1.8Moz). This was the subject of a Technical Report on the Scoping Study for the De Bron Project by Turnberry dated 2 May 2010. Further drilling is being undertaken prior to making development decisions at Bloemhoek and De Bron. These reports are filed on the Company's website as well as www.sedar.com
About Mergent Inc.
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SOURCE Wits Gold
For further information: For further information: Dr. Marc Watchorn, Chief Executive Officer, Tel: +27 11 832 1749, Email: email@example.com, www.witsgold.com; Mr. Hethen Hira, Investor Relations, Tel: +27 11 832 1749, Email: firstname.lastname@example.org