WGR
WGR
Wits Gold intersects reefs in Free State drilling
Witwatersrand Consolidated Gold Resources Limited
(Incorporated in the Republic of South Africa)
Registration Number 2002/031365/06
JSE Code: WGR
ISIN: ZAE000079703
("Wits Gold" or "the Company")
Wits Gold intersects reefs in Free State drilling
Wits Gold (JSE: WGR; ADR: WIWTY.PK) wishes to announce the intersection of
Witwatersrand conglomerate reefs in its De Bron in-fill drilling programme.
Diamond drilling in borehole DWN 21 has produced the following geological
information:
Depth from (m) Depth to (m) True Width (cm)
Beatrix Reef 663.38 666.12 271
Kalkoenkrans Reef 667.72 667.91 19
B Reef 674.72 679.87 505
Leader Reef 700.34 703.77 328
Wits Gold is encouraged by the continuity and thickness of these regionally
important reefs as well as their shallow disposition in an area adjacent to
Harmony"s Merriespruit Shafts. In addition to intersections of these reefs in
the original borehole, three deflections have also been completed. All of these
core intersections have been sampled and submitted for gold and uranium analysis
at the accredited Anglo Research laboratories. Receipt of these assay results is
expected during January 2007.
A previous independent assessment of the De Bron project by Snowden Mining
Industry Consultants estimated an Inferred Resource of 22.0Mt at 4.7g/t Au
containing 103.4 tonnes (3.6Moz) of gold. This estimate was based on 14
boreholes, containing 241 reef intersections that had been achieved by Anglo
American, an earlier holder of the De Bron mineral rights.
For further information please contact:
Marc Watchorn
Chief Executive Officer
Tel: +27 11 832 1749
Hethen Hira
Investor Relations
Tel: +27 11 832 1749
Johannesburg
8th December 2006
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Date: 08/12/2006 10:48:05 AM Produced by the JSE SENS Department
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