West Wits Mining (ASX: $WWI) new prospecting right application update

West Wits Mining (ASX: $WWI) has announced the dismissal of an appeal contesting the Company's application for a new Prospecting Right (PR 10730) by the Minister of Forestry, Fisheries and the Environment. This paves the way for the formal granting of the PR application, which is expected in the near future, and marks a significant step toward a material updating of the Company's existing 4.28 million ounces Gold Mineral Resource Estimate in accordance with the JORC (2012) code.

Executive Commentary on New Prospecting Right Application

The successful dismissal of the appeal against our new Prospecting Right application is a significant development for West Wits Mining. This decision clears the path for the formal granting of the PR application, which is expected to occur in the near future. Once executed, this new Prospecting Right will allow us to add Mineral Resources that will supplement the substantial 4.28 million ounces Mineral Resources Estimate within the existing Mining Right footprint. Additionally, it will enable a significant extension of the operational lifespan of our Kimberly Reef mining activities at Qala Shallows. We are pleased with this progress and look forward to updating our Mineral Resource Estimate statement for the Witwatersrand Basin Project as soon as the PR has been executed.

Summary of New Prospecting Right Application Update

West Wits Mining (ASX: $WWI) has achieved a significant milestone with the dismissal of the appeal against its new Prospecting Right application. This development clears the path for the formal granting of the PR application, expected in the near future, and marks a significant step toward a material updating of the Company's existing 4.28 million ounces Gold Mineral Resource Estimate. The successful granting of this new PR will enhance the already sizeable Mineral Resource base and increase the scale of the Qala Shallows Mine, reinforcing the project's overall viability. West Wits anticipates a substantial increase in its Mineral Resource inventory for the Witwatersrand Basin Project, which will significantly augment value for all stakeholders.