Namibia’s Kokoseb Gold Project to Expands its Current MRE

November 3, 2024

(3 Minutes Read)

Wia Gold Limited says it focused on aggressive drilling at its Kokoseb Gold Project to expand its current Mineral Resource Estimate (MRE) and identify new mineralisation. According to the company, Wia Gold drilled a total of 12,478 metres at Kokoseb, comprising 9,453 metres of reverse circulation (RC) drilling and 3,025 metres of diamond drilling (DD), spanning all zones of the deposit.

Assay results from fifty-five RC drill holes and eight DD holes further validate the continuity of mineralisation over Kokoseb’s 4.8-kilometre strike, which remains open at depth and along the strike. Results continue to demonstrate the continuity of mineralisation along the 4.8km Kokoseb gold deposit, with mineralisation remaining open along strike and at depth, the company stated.

The company further reported that notable intercepts from extensional drilling include a significant find of 32 meters at 1.69 grams per tonne (g/t) of gold from a depth of 104 meters in drill hole KRC301. Additionally, KRC301 recorded 13 metres at 2.27 g/t gold from 201 meters, while drillhole KRC303 reported 20 metres at 1.59 g/t gold from 102 metres.

Further highlights from the Central and Eastern Zones yielded impressive results, including 22.0 metres at 1.63 g/t gold from 421.2 metres in diamond drillhole KDD035. Another strong intercept was 28 metres at 1.86 g/t gold from 236 metres in KRC240, and KRC245 recorded 7 metres at 1.29 g/t gold from a shallower depth of 61 metres.

With three rigs actively drilling—two for diamond and one for RC—Wia Gold continues to target expanded and newly discovered sub-parallel mineralisation zones at Kokoseb. The company reported that the recent assays mark a step toward enhancing Wia’s resource base and advancing the Kokoseb Project as a gold asset in Namibia.