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- Wia Gold (WIA) delivers further high-grade gold results from the Kokoseb gold project within its wider Damaran project in Namibia
- The latest round of “significant” intercepts come from 22 reverse circulation holes drilled as part of a 77-hole program
- Highlights from the program include 14 metres at 1.82 grams per tonne (g/t) gold and seven metres at 4.13 g/t gold
- Two drill rigs are still spinning on site, with a maiden Kokoseb resource estimate expected in the second quarter of 2023
- Wia Gold last traded at 4.7 cents on March 14
Wia Gold (WIA) has delivered further high-grade gold results from the Kokoseb gold project as part of its wider Damaran project in Namibia.
The company has received results from a further 22 reverse circulation drill holes drilled on site. These included reconnaissance holes completed along-strike at the Eastern trend of Kokoseb and the first systematic infill drill holes at the merge point between the Northern and Western trends.
Drill holes were also completed to further improve the company’s geological understanding of the area and the continuity of the mineralised zones.
The drilling returned “significant” intercepts, with highlights such as 14 metres at 1.82 grams per tonne (g/t) gold, seven metres at 4.13 g/t gold, and 12 metres at 2.59 g/t gold.
“The Kokoseb gold discovery continues to impress, regularly returning high-grade gold intercepts over thick mineralised zones,” Wia Chairman Andrew Pardey said.
“The continuity between the Northern trend and the Western trend, at the high-grade NW zone, is now covered by further drill holes.
“Regular news flow is expected in the coming weeks as assay results are progressively received from the laboratory.”
At the end of February, drilling at Kokoseb totalled 77 reverse circulation holes for 15,099 metres.
Two drill rigs are still spinning on site, with a maiden resource estimate expected in the second quarter of 2023.
Wia Gold last traded at 4.7 cents on March 14.
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