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- WIA Gold (WIA) extends the strike length of gold mineralisation at its Kokoseb project in Namibia to 2.6 kilometres
- It comes as the company reports the results of its final 12 reverse circulation (RC) holes drilled in the area, which is part of the wider Damaran gold project
- These results, which come from the western flank of the anomaly at Kokoseb, include hits such as nine metres at 4.71 grams per tonne (g/t) gold from 146 metres
- Drilling is now progressing at the southern trend of the anomaly, with WIA to receive new results before the end of the year
- Shares in WIA Gold last traded at 5.8 cents on November 16
Junior explorer WIA Gold (WIA) has extended the strike length of gold mineralisation at its Kokoseb project in Namibia to 2.6 kilometres.
It comes as the company reports the results of its final 12 reverse circulation (RC) holes drilled in the area, which is part of the wider Damaran gold project.
The latest results come from the western flank of the gold anomaly at Kokoseb and include intersections such as nine metres at 4.71 grams per tonne (g/t) gold from 146 metres and 29 metres at 1.96 g/t gold from 80 metres.
WIA Chairman Andrew Pardey said the company’s drilling work in the area had defined “several high-grade mineralised zones” on the western trend of the Kokoseb anomaly.
“Every drill hole completed to date along the anomaly has intersected gold mineralisation, which remains open at depth and along strike,” Mr Pardey said.
“With such a continuous and significant (in terms of grade and width) mineralised trend, Kokoseb is a special discovery that has the scale to be a major gold project in Namibia.”
All up, WIA drilled 32 RC holes for 6595 metres at Kokoseb, with all holes intersecting gold mineralisation at wide spacing.
Drilling is now progressing at the southern trend of the anomaly. The company said it expected to receive the results from this additional drilling before the end of the year.
Shares in WIA Gold last traded at 5.8 cents on November 16.
