Wits Gold Files Interim Financial
Statements
November 25,
2009 (Johannesburg, South
Africa): Wits Gold
(or �the Company�) (WGR: TSX and JSE) announced today the Company has filed its
unaudited financial results for the six months ended August 31, 2009.� These financial statements can be found on
SEDAR at www.sedar.com and on the Company�s
website www.witsgold.com.
About Wits
Gold
Wits Gold is a gold and uranium exploration company
focused on advanced, near mine projects in the Witwatersrand Basin, South
Africa. The Company was established in 2003 following the acquisition of old
order mineral rights as well as historic borehole core and data from the three
major South African gold mining companies. These properties are located
adjacent to operating mines in three of the major goldfields in the Witwatersrand
Basin. At Bloemhoek, the
Company�s most advanced project, a Technical Report dated October 20, 2009
filed at www.sedar .com, estimates a Probable Mineral Reserve of 31.6Mt at a
plant head grade of 5.33g/t Au. (5.4Moz).
Forward-Looking Information
Certain
statements in this news release may
constitute forward-looking information
within the meaning of securities laws. In
some cases, forward looking information can
be identified by use of terms such as
�may�, �will�, �should�, �expect�, �believe�,
�plan�, �scheduled�, �intend�, �estimate�, �forecast�, �predict�,
�potential�, �continue�, �anticipate� or other similar
expressions concerning matters that are not
historical facts. Forward-looking information may
relate to management�s future outlook and
anticipated events or results, and may include
statements or information regarding the
future plans or prospects of the Company.
Forward
looking information involves known and
unknown risks, uncertainties and other important
factors that could cause the actual
results, performance or achievements of the
Company to be materially different from the
future results, performance or achievements
expressed or implied by such forward looking
information. Such risks, uncertainties and other
important factors include among others: economic,
business and political conditions in South
Africa; decreases in the market price
of gold or uranium; hazards associated with
underground and surface gold and uranium mining;
the ability to attract and retain qualified
personnel; labour disruptions; changes in
laws and government regulations, particularly
environmental regulations and mineral rights
legislation including risks relating to the
acquisition of the necesary licences and
permits; changes in exchange rates; currency
devaluations and inflation and other macro-economic
factors; risk of changes in capital and
operating costs, financing, capitalisation and
liquidity risks, including the risk that the
financing required to fund all currently
planned exploration and related activities may
not be avalable on satisfactory terms,
or at all; the ability to maximize
the value of any economic resources. These
forward-looking statements speak only as of
the date of this document.
You
should not place undue importance on
forward-looking information and
should not rely upon this information as of
any other date. The Company undertakes
no obligation to update publicly or release any
revisions to these forward-looking
statements to reflect events or circumstances
after the date of this document or to
reflect the occurrence of unanticipted events
except where required by applicable laws.
For further
information, please contact:
Marc Watchorn
����������� ������ ���� Hethen
Hira
Chief Executive Officer
�� Investor Relations
Tel: +27 11 832 1749
� Tel: +27 11 832 1749
marcw@witsgold.com
����� hethenh@witsgold.com