- Wia Gold (WIA) delineates a continuous 1.4-kilometre strike of shallow gold mineralisation at its Damaran project in Namibia
- The latest discovery comes as the company received assays from its ongoing reverse circulation (RC) drill program at the Kokoseb gold discovery
- Highlights include 42 metres at 1.57 grams per tonne (g/t) gold, 11 metres at 1.87 g/t gold, and 27 metres at 1.71 g/t gold
- A second drill rig will be mobilised to the site in January to focus on infill drilling
- Shares end the day in the grey to close at six cents
Wia Gold (WIA) has delineated a continuous 1.4-kilometre strike of shallow gold mineralisation at its Damaran project in Namibia.
The latest discovery comes as the company received assays from its ongoing reverse circulation (RC) drill program at the Kokoseb gold discovery.
Highlights include 42 metres at 1.57 grams per tonne (g/t) gold, 11 metres at 1.87 g/t gold, and 27 metres at 1.71 g/t gold.
At the end of September, WIA had completed 24 holes, for 4902 metres, with the drill rig now progressing towards the south on the western flank of the anomaly.
Further assays are expected over the coming weeks from an additional 12 holes.
Meanwhile, a second drill rig will be mobilised to the site in January to focus on infill drilling on the current sections, while the other rig continues to focus on along-strike reconnaissance drilling.
“We look forward to ramping up drilling activity at Kokoseb in 2023 with the addition of a second drill rig, which will focus on infilling and tracing down dip the actual results,” Chairman Andrew Pardey said.
Shares ended the day in the grey to close at six cents.