Wia gold project Africa

Wia Gold continues to expand gold mineralisation at Kokoseb following diamond drilling

Wia Gold (ASX:WIA) reports further gold mineralisation following a diamond drilling campaign (DD) at the Kokoseb Gold Discovery, as part of its Damara Gold Project in Namibia.

The results, generated by 12 DD holes, have returned large zones of ‘significant’ gold mineralisation with key results including:

  • Hole KDD006: 14.1m @ 1.91g/t Au from 45.1m, incl. 5.7m @ 3.53g/t Au 16.7m @ 1.58g/t Au from 62.4m
  • Hole KDD005: 12.0m @ 1.36g/t Au from surface and 8.0m @ 1.26g/t Au from 15m, and; 8.0m @ 1.47g/t Au from 33m
  • Hole KDD004: 7.0m @ 1.36g/t Au from 157m depth
  • Hole KDD003: 11.5m @ 2.50g/t Au from 58.5m, incl. 5.3m @ 4.11g/t Au

Speaking on the results, Wia Gold Chairman Andrew Pardey said: “Results from the drilling at our Kokoseb Gold Discovery continue to impress, with consistent gold mineralisation intersected from near surface to depths of 150m. The widths and gold grades returned further reinforce the scale of the discovery at Kokoseb. 

“Results from the drilling at our Kokoseb Gold Discovery continue to impress”

These results are complementary to previously reported high-grade gold intercepts from diamond drilling at Kokoseb and come as a result of systematic exploration that involved extensive soil sampling and trenching to confirm the Kokoseb discovery. 

On the back of these results, we have commenced a reverse circulation drilling program which is expected to feed into the maiden mineral resource estimate in due course. We look forward to the final diamond drilling results and then a steady flow of news with the first RC samples already dispatched to the laboratory for analysis.” 

The company also notes that the results confirm consistent mineralisation across a cumulative strike length of over 1km which remains fully open along strike and at depth.

In addition, the company reports that the returned results have supported the commencement of a 20,000m RC drilling program comprising 5,000m along strike and under the diamond holes, 10,000m extensional and first stage infill drilling and a further 5,000m contingent upon the results of drilling.

The Damara Project is located about 60km south-west of the township of Outjo in central Namibia and covers a total land tenure of 3,100km-square across 11 licences.

The landholding is ‘significant’ due to the large contiguous landholdings on the Damara belt are rare and because the tenements surround the B2Gold Ondundu deposit and are bordered to the north by Osino Resources.

With the DD campaign complete and assays returned, Wia Gold has moved forward with commencement of a ‘large’ 20,000m RC drilling campaign while they await the return of the remaining five DD holes that are expected in August.

Images: Wia Gold Ltd
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.