Gold focussed exploration company Wia Gold Limited’s assay results for 33 reverse circulation (RC) drill holes and 11 diamond drill holes, totalling 11,192 m in the Kokoseb gold project in Namibia, show positive results. This is in the ongoing campaign to upgrade inferred resources and expand the 2.12Moz1 project.
Shallow infill drilling for resource category conversion was completed at the southern zone plunging shoot, returning significant gold mineralised intercepts, including the best intercept to date. The RC drill hole KRC437 has returned 50m at 12.00 g/t Au, including a high-grade sample of 528 g/t Au. Other significant intercepts include 24m at 2.42 g/t Au in KRC410, 23m at 2.36 g/t Au in KRC412 and 27m at 2.34 g/t Au in KRC414.
Diamond drill hole KDD064 has extended the central high-grade shoot by 200m along strike, down plunge towards the south, returning 9.7m at 4.66 g/t Au, including 5.1m at 7.40 g/t Au and 5.7m at 5.82 g/t Au, at 400m vertical depth. KDD071, completed at the NW Zone, has intersected the deepest mineralised intercept to date, at 515m vertical depth.
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The intercept, 15.7m at 1.69 g/t Au, is representative of the Kokoseb style mineralisation, proving that the system remains open at depth and that similar shoots to those being intersected at shallower depth can be found for a potential underground exploration.
Commenting on the results, Wia executive chairman, Josef El-Raghy, says: “The potential to grow Kokoseb significantly is demonstrated by these outstanding results, underpinned by its best gold intercept to date – 50m at 12.00 g/t Au in KRC437. The Kokoseb deposit remains open at depth and along strike, with widths of consistent high grade in the southern, central and NW zones. We look forward to announcing our updated mineral resource estimate later this month, which will mark another important milestone in unlocking Kokoseb’s significant value.”
