Wia Gold (ASX:WIA) has reported assay results from 19,819m of drilling at its Kokoseb Gold Project in Namibia.
Results from 29 diamond drill holes and 10 reverse circulation (RC) holes have identified a new ‘high-grade’ mineralised horizon beneath the Central Zone and extended ‘high-grade’ mineralisation beyond the current open pit Mineral Resource Estimate (MRE).
The new deep target comprises thick gold mineralisation located approximately 700m below surface and 350m below the Scoping Study pit shell.
Diamond drill hole KDD137 intersected 54.1m at 1.25 grams per tonne gold, including 17.0m @ 2.16g/t gold with a higher-grade component of 9.0m @ 2.24g/t gold, including 4.0m @ 3.06g/t gold.
Significant intercepts from the new zone include 9.0m @ 10.64g/t gold from 811.0m, including 4.0m @ 22.76g/t gold in KDD147; and 9.0m @ 2.24g/t gold from 801.0m, including 3.0m @ 3.18g/t gold in KDD137.
Step out diamond drill hole KDD152 has extended the down plunge extent of the Central Zone ‘high-grade’ plunging shoot to 580m below the Scoping Study pit shell, with 12.0m @ 1.86g/t gold, including 3.0m @ 3.04g/t gold.
Further extensions and resource update
Additional significant intercepts include 10.8m @ 5.43g/t gold from 322.2m, including 4.0m @ 11.10g/t gold in KDD139, 15.0m @ 2.18g/t gold from 414.0m in KDD143, and 8.7m @ 2.66g/t gold from 648.4m in KDD162.
In the Southern Zone, diamond drill hole KDD156 extended the ‘high-grade’ plunging shoot by a further 80m–480m below the Scoping Study pit shell, returning 9.0m @ 2.59g/t gold, including 4.0m @ 4.83g/t gold.
The RC drilling program focused on testing the shallowest mineralised extensions at the base of the MRE. Significant intercepts include 19.0m @ 1.52g/t gold from 281.0m, including 3.0m @ 3.09g/t gold in KRC580.
An updated MRE is currently being calculated and will encompass all historical sampling up to and including the period covered by this announcement.
The Kokoseb Definitive Feasibility Study (DFS) remains on schedule for completion in the third quarter of 2026.
“Mineralisation has been extended to 580 metres of strike below the Scoping Study pit shell, and both high-grade shoots remain open at depth,” Wia Gold CEO Henk Diederichs says.
Kokoseb is located 320km by road from Windhoek in Namibia. The project lies within Exclusive Prospecting Licence 4818, which is held under a joint venture with state-owned mining company Epangelo, with Wia holding an 80% interest.
Write to JC Villarba at Mining.com.au
Images: Wia Gold
