Australia's West Wits Mining rises on drilling results from SA project

West Wits Mining

06/10/2022 01:37

** Shares of West Wits Mining Ltd  WWI.AX  rise as much as
11.8% to A$0.019, their highest since Sept 16
    ** The mining company says first phase of its uranium
drilling programme at the Witwatersrand Basin Project in South
Africa confirms consistent uranium mineralisation  urn:newsml:reuters.com:*:nASXcdKv42
    ** Says three diamond-hole drill results from the Phase 1
uranium drilling programme emphasise that the Bird Reef Central
areas within co's project to be a potential candidate for
uranium/gold project 
    ** More than 5.15 mln shares trade hand, compared with
30-day average trading volume of 2.33 mln 
    ** Co shares down 48.5% YTD, as of last close 
 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))