West Wits Mining Limited s MD recaps progress across gold exploration assets in premier regions proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
Gold hit a record high in 2020, which was good news for gold companies. Here are the top-performing gold stocks on the ASX for 2020.
Click here to read the previous best ASX gold stocks article.
2020 was a record-breaking year for gold, with the precious metal surging above US$2,060 per ounce in August and staying above US$1,850 for the remainder of the year.
Interest in the metal was fuelled by global economic uncertainty related to social and economic instability brought on by the COVID-19 pandemic. Added to that was the seemingly endless US-China trade war, as well as decreased exploration efforts on the part of gold miners over the last few years.
West Wits Mining (ASX:WWI) uncovers eight targets at Mt Cecelia
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West Wits Mining (WWI) has found eight gold and base metal targets from a heliborne electromagnetic survey at the Mt Cecelia project area in WA
Out of the eight targets, four of them have been labelled high priority
West Wits says finding these targets is a significant step towards a maiden drilling program in the 2021 field season
Additionally, West Wits has announced that drilling and planning activities at its Witwatersrand Basin gold project in South Africa are tracking well