- Wia Gold’s (WIA) latest drilling program confirms a fourth high-grade mineralised zone at the Kokoseb gold project in Namibia
- The company received final results from a further twelve reverse circulation drill holes completed at the project, which were drilled into the southern flank of the anomaly
- The drilling revealed a fourth zone on the southern side of Kokoseb, with results including eight metres at 2.79 grams per tonne (g/t) gold from 32 metres
- Infill reverse circulation drilling has now commenced on the NW Zone with the aim of producing a maiden mineral estimate for the second quarter of 2023
- Wia Gold is up 11.1 per cent, trading at 5 cents at 1:55 pm AEDT
Wia Gold’s (WIA) latest drilling program has confirmed a fourth high-grade mineralised zone at the Kokoseb gold project in Namibia.
The company received final results from a further twelve reverse circulation drill holes completed at the project, which were drilled into the southern flank of the anomaly.
The drilling revealed a fourth zone on the southern side of Kokoseb, with results including eight metres at 2.79 grams per tonne (g/t) gold from 32 metres, including four metres at 4.6 g/t gold and 20 metres at 2.09 g/t gold from 42 metres.
“The reverse circulation drilling program to date has been a resounding success, as all holes have intersected gold mineralisation and at least four high-grade zones now defined,” Wia Chairman Andrew Pardey said.
“The system remains open along strike and at depth.”
Other reverse circulation results extended the gold mineralised area a further 1.8 metres along strike to 4.4 kilometres.
The drilling returned assays including 12 metres at 1.6 g/t gold from 117 metres and four meters at 4.86 g/t gold from 68 metres.
Infill reverse circulation drilling has commenced on the NW Zone with the aim of producing a maiden mineral estimate for the second quarter of 2023.
The Kokoseb project is within Wia Gold’s wider Damaran project.
Wia Gold was up 11.1 per cent, trading at 5 cents at 1:55 pm AEDT.