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Wia Gold identifies new deep target at Kokoseb project

Wia Gold Ltd. is pleased to report assay results from 19,819 metres of recent drilling at its 2.93Moz Kokoseb Gold Project in Namibia.

Results from twenty-nine Diamond Drill holes (DD) have:

  • Identified a new high-grade mineralised horizon beneath the Central Zone.
  • Extended high-grade mineralisation beyond the current open pit Mineral Resource Estimate (MRE).
  • Further demonstrated the internal continuity, scale and robustness of the high-grade plunging shoots.

A further ten Reverse Circulation (RC) holes were completed, including eight infill holes within the open pit area and two below the Scoping Study1 pits in the Southern Zone, validating internal grade Continuity.

Auger

Assay results from the 39 drill holes include:

New high-grade target identified in the Central Zone, supporting underground growth potential:

  • 9.0m @ 10.64 g/t Au from 811.0m, inc. 4.0m @ 22.76 g/t Au in KDD147
  • 9.0m @ 2.24 g/t Au from 801.0m, inc. 3.0m @ 3.18 g/t Au in KDD137

Strong continuity demonstrated in Central and Southern Zones high-grade plunging shoots and Western Zone deep target:

  • 10.8m @ 5.43 g/t Au from 322.2m, inc. 4.0m @ 11.10 g/t Au in KDD139
  • 15.0m @ 2.18 g/t Au from 414.0m in KDD143
  • 12.0m @ 1.86 g/t Au from 555.0m, inc. 3.0m @ 3.04 g/t Au in KDD152
  • 8.7m @ 2.66 g/t Au from 648.4m in KDD162
  • 5.0m @ 4.51 g/t Au from 666.0m, inc. 1.0m @ 20.24 g/t Au in KDD148
  • 9.0m @ 2.59 g/t Au from 575.0m, inc. 4.0m @ 4.83 g/t Au in KDD156
  • 19.0m @ 1.52 g/t Au from 281.0m, inc. 3.0m @ 3.09 g/t Au in KRC580

Six diamond drill rigs are currently advancing the definition drilling of high‑grade zones to support future underground resource potential.

Commenting on the results, Wia Managing Director and CEO, Henk Diederichs, said:

“The discovery of a new high-grade target beneath the Central Zone, together with the strong continuity demonstrated in the existing high-grade shoots in both the Central and Southern Zones, further strengthens Kokoseb’s underground potential. Mineralisation has been extended to 580 metres of strike below the Scoping Study pit shell, and both high-grade shoots remain open at depth. With six diamond rigs operating, we are continuing underground resource definition ahead of an updated MRE and the Definitive Feasibility Study in Q3 CY2026, with increasing confidence in the long-term scale and value of the deposit.”

New deep target identified beneath the Central Zone pit shell

Following the identification of a significant high-grade target zone previously reported at Central Zone2, further drilling has identified a second high-grade target zone, increasing the potential for future underground development.

Diamond drill hole KDD137 has intersected a wide mineralised zone of 54.1m at 1.25 g/t Au (unconstrained) including significant intercepts of 17.0m at 2.16 g/t Au with a higher-grade component of 4.0m at 3.06 g/t Au and of 9.0m at 2.24 g/t Au with a higher-grade component of 4.0m at 3.06 g/t Au. 75m to the south, KDD147 has intersected 62m of mineralisation at 2.08 g/t Au (unconstrained) including a significant high-grade intercept of 9.0m at 10.64 g/t Au.

This new target zone comprises thick gold mineralisation located approximately 700m below the surface and 350m below the Scoping Study pit shell. Previously reported KDD086, from the same zone, had returned an unconstrained intercept of 47m at 1.49 g/t Au3.

Significant intercepts from the new zone include:

  • 17.0m @ 2.16 g/t Au from 769.0m, inc. 4.0m @ 3.92 g/t Au in KDD137
  • 9.0m @ 2.24 g/t Au from 801.0m, inc. 4.0m @ 3.06 g/t Au in KDD137
  • 9.0m @ 10.64 g/t Au from 811.0m in KDD147
  • 4.0m @ 2.84 g/t Au from 832.0m in KDD147

Central and Southern Zone high-grade plunging shoots continue to demonstrate strong continuity

Step out diamond drill hole KDD152 has extended the down plunge extent of the Central Zone high-grade plunging shoot to 580m below the Scoping Study pit shell with a significant intercept of 12.0m at 1.86 g/t Au, including a higher-grade component of 3.0m at 3.04 g/t Au.

Internal grade continuity of the shoot is further supported with significant mineralisation intersected by diamond drill holes KDD139, KDD143 and KDD162.

Diamond drill holes KDD140 and KDD148 have also reinforced a previously reported high-grade target zone beneath the Central Zone high-grade plunging shoot6.

In the Southern Zone, diamond drill hole KDD156 has extended the high-grade plunging shoot by a further 80m, to 480m below the Scoping Study pit shell, returning 9.0m at 2.59 g/t Au, including 4.0m at 4.83 g/t Au.

The current diamond drilling program remains focused on incremental step-out holes designed to test the volumetric extent of these zones and further define internal grade variability.

Significant high-grade intercepts include:

  • 10.8m @ 5.43 g/t Au from 322.2m, inc. 4.0m @ 11.10 g/t Au in KDD139
  • 15.0m @ 2.18 g/t Au from 414.0m in KDD143
  • 12.0m @ 1.86 g/t Au from 555.0m, inc. 3.0m @ 3.04 g/t Au in KDD152
  • 8.7m @ 2.66 g/t Au from 648.4m in KDD162
  • 5.0m @ 4.51 g/t Au from 666.0m, inc. 1.0m @ 20.24 g/t Au in KDD148
  • 9.0m @ 2.59 g/t Au from 575.0m, inc. 4.0m @ 4.83 g/t Au in KDD156
  • 5.0m @ 2.97 g/t Au from 599.0m, inc. 3.0m @ 3.80 g/t Au in KDD140

Reverse circulation drilling

RC drilling focused on testing the shallowest mineralised extensions at the base of the MRE, targeting the future resource growth. The current RC program has now been completed, and the rig has demobilised from site.

Significant intercepts from the last RC holes include the following:

  • 19.0m @ 1.52 g/t Au from 278.0m, inc. 3.0m @ 3.09 g/t Au in KRC580
  • 5.0m @ 1.52 g/t Au from 223.0m in KRC582
  • 7.0m @ 1.52 g/t Au from 246.0m in KRC584
  • 6.0m @ 1.76 g/t Au from 240.0m in KRC586
  • 11.0m @ 1.99 g/t Au from 169.0m in KRC587
  • 13.0m @ 1.47 g/t Au from 241.0m in KRC587
  • 7.0m @ 1.46 g/t Au from 302.0m in KRC587
  • 7.0m @ 2.01 g/t Au from 322.0m in KRC587
  • 13.0m @ 1.03 g/t Au from 279.0m in KRC588
  • 17.0m @ 1.31 g/t Au from 304.0m in KRC589

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Grindrod

Staff Writer

The African Mining Market is a source of insightful information on mining & industrial markets, and developments in Africa.
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