WGR- Wits Gold's advanced De Bron-Merriespruit South (DBM) Project moves into pre-feasibility; additional resource upgrade on track

JOHANNESBURG, Sept. 6, 2011 /CNW/ --
Witwatersrand Consolidated Gold Resources Limited


('Wits Gold' or 'the Company')


Incorporated in the Republic of South Africa


(Registration Number 2002/031365/06)


JSE Share Code: WGR ISIN: ZAE000079703


TSX Share Code: WGR CUSIP Number: S98297104

JOHANNESBURG, Sept. 6, 2011 /CNW/ - Wits Gold wishes to announce that
Turgis Consulting (Pty) Ltd (Turgis) has been appointed to complete a
pre-feasibility study over the Company's advanced DBM Project in the
southern Free State goldfield. This follows the announcement of
positive scoping study results at the DBM Project on 23 June 2011. The
initiation of a seven diamond borehole drilling programme for
pre-feasibility purposes commenced in July 2011 and is on schedule to
be completed during September 2011. The results of this drilling will
be utilised by Snowden Mining Industry Consultants to revise the
current mineral resource block models where it is anticipated that
additional Inferred Resources will be upgraded to the Indicated
Resource category. In February 2011 Wits Gold announced updated
Indicated Resources on the Beatrix, Kalkoenkrans, B and Leader Reefs of
34.5Mt at 5.3g/t Au (5.9Moz), with Inferred Resources of 25.0Mt at
5.2g/t Au (4.2Moz). These resources occur at shallow depths of between
500 and 1 250 meters below surface.

Wits Gold further announces that GCS (Pty) Ltd has been appointed to
conduct environmental impact assessment studies over the DBM Project
area in order to fulfill the requirements of the Mineral and Petroleum
Resources Development Act (MPRDA), the National Environmental
Management Act (NEMA) and the National Water Act (NWA).

Wits Gold CEO, Philip Kotze, commented on the appointments, 'The
progress at the DBM Project is an excellent reflection of the intensive
work done since 2006 on exploring and developing this ore body; we are
excited to be moving into the pre-feasibility stage and remain on track
for production ounces by 2016.  We look forward to working with our
appointed partners in bringing this ore body to account.'

Information concerning the geology, mineral occurrences, nature of
mineralisation, rock types, quality assurance and quality control
measures applied, geological controls sampling data, analytical or
testing procedures, the names of analytical laboratories used and the
key assumptions, parameters and methods used in connection with the
updated Mineral Resource estimates are communicated in Wits Gold's
filed NI 43-101 compliant Independent Technical Report dated May 2,
2010, entitled 'Technical Report on the Scoping Study for the De Bron
Project, Southern Free State goldfield, South Africa'. The results of
the preliminary economic assessment or scoping study at the DBM Project
by Turgis was announced in June 2011 and the NI43-101 Independent
Technical Report entitled 'Preliminary Assessment of the De Bron
Merriespruit Project (DBM Project), South Africa' was filed on August
5, 2011. The respective reports can be viewed on www.sedar.com and on the Company's website www.witsgold.com.

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; hazards associated with underground and
surface gold 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
necessary 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
available on satisfactory terms, or at all; the ability to maximise the
value of any economic resources. These forward-looking statements speak
only as of the date of this news release.

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 news release or to reflect the occurrence of
unanticipated events except where required by applicable laws.

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