An independent technical report highlights the geological potential of the Omatjete Gold Project in Namibia, recommending a significant two-phase exploration program to advance its key prospects.
Ongwe Minerals is pleased to announce that an independent National Instrument (NI) 43-101 technical report, prepared by The MSA Group and effective 31 May 2026, has confirmed the geological merit of its flagship Omatjete Gold Project in Namibia. The report recommends an estimated C$8.5 million two-phase exploration program focused on advancing the Manga and Nguni prospects.
The Omatjete Project, located in Namibia’s Erongo Region between Omaruru and Omatjete, covers approximately 155,362 hectares through five granted Exclusive Prospecting Licences and two pending applications. Ongwe holds a 51% interest in the project via Belmont Mineral Exploration.
The report identifies the project within the highly prospective Central Zone of the Damara Belt, where gold mineralization is structurally controlled and associated with Kuiseb Formation metasedimentary rocks and granitic intrusions. A key highlight is the Okondeka Fault Zone, which acts as the primary structural control on gold mineralization, hosting both Manga and the recently discovered Nguni prospect.
Following a reinterpretation of the regional structural framework, Ongwe expanded the project area by 42%, extending control over approximately 50 kilometres of the Okondeka Fault Zone. This new model identified additional targets along relay structures and granite contacts, enhancing the exploration potential.
Manga remains the most advanced target with extensive work including geological mapping, rock-chip sampling, trenching, drilling, and geophysical surveys outlining a coherent two-kilometre bedrock gold anomaly. Notably, bedrock sampling indicates stronger mineralization beneath thicker calcrete cover at the eastern end, an area yet to be fully drill-tested. Reverse circulation drilling to date has intersected broad zones of low-grade gold mineralization, with encouraging rock-chip assays reaching up to 19.75 grams per tonne.
Nguni, discovered in 2026 through regional soil sampling, is gaining prominence with a gold-in-soil anomaly extending approximately five kilometres. Infill sampling returned gold values up to 730 parts per billion, with the anomaly remaining open for further expansion. Despite being at an earlier stage than Manga, Nguni could become a top exploration priority as work progresses.
The two-phase work program proposed by the report begins with detailed geological mapping, bedrock sampling, and geochemical surveys, followed by a 10,000-metre diamond drilling campaign at both Manga and Nguni. Concurrent regional soil sampling will continue, with a second phase of drilling contingent on initial results.
The independent review also evaluated Ongwe’s exploration techniques, including its proprietary detectORE™ rapid field-screening technology, affirming its effectiveness in identifying gold anomalies while emphasizing that laboratory fire assays remain critical for quantitative analysis and future resource estimation. The report confirmed that Ongwe’s sampling and quality assurance procedures are appropriate for this stage of exploration.
While the report underscores that Omatjete remains an early-stage project with no declared mineral resources or reserves and some licence applications pending government approval, it provides a compelling technical justification for significantly increasing exploration efforts based on encouraging geological, structural, drilling, and geochemical data.
Ongwe Minerals is excited by this strong independent endorsement and looks forward to advancing the Omatjete Gold Project through the planned exploration phases, unlocking its full potential in one of Namibia’s most prospective gold regions.
