WGR - Witwatersrand Consolidated Gold Resources Limited - Changes to the Board
JOHANNESBURG, Aug. 1, 2011 /CNW/ --
Witwatersrand Consolidated Gold Resources Limited
(Incorporated in the Republic of South Africa)
Registration Number 2002/031365/06
JSE Code: WGR
ISIN: ZAE000079703
TSX Code: WGR
CUSIP Number: S98297104
('Wits Gold' or 'the Company')
JOHANNESBURG, Aug. 1, 2011 /CNW/ -
Changes to the Board
The Board of Wits Gold announces that Dr Marc Watchorn, CEO, has
decided, after nine years with the Company, to step down in order to
pursue his own business interests. It also wishes to welcome Mr Philip
Kotze as his successor, with immediate effect. Mr Kotze is
independent.
Mr Adam Fleming, chairman, commented as follows:
'Marc Watchorn was instrumental in co-founding the company in 2003 and
has played a key role in Wits Gold's subsequent progress, specifically
in the upgrading of the status of the Company's significant resource
base and in developing our two major mining projects in the southern
Free State, Bloemhoek and the shallow DBM whose scoping study has just
been released. We are most grateful for his important contribution to
the growth of the Company and wish him well in his new endeavours.
With Wits Gold now embarking on the development of two potential new
gold mines, we are particularly pleased that Philip Kotze, with his
previous extensive mining experience at Anglo Gold, Harmony and Anooraq
Resources, has agreed to join us.'
1 August 2011
Sponsor
PricewaterhouseCoopers Corporate Finance (Proprietary) Limited
(Registration number 1970/003711/07)
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Mr Philip Kotze | Mr Hethen Hira | |||
Chief Executive Officer | Investor Relations | |||
philip@witsgold.com | hethenh@witsgold.com | |||
Tel: 27 11 832 1749 | Tel: 27 11 832 1749 |