Announcement Date: 2022-06-07
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Wia Gold Limited
Project name: Kokoseb
Location: Namibia
Commodities: Gold
Highlight: Drilling results incl. 17.4m @ 2.7g/t Au from 49m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Wia Gold Limited (ASX: WIA) (Wia or the Company) advises that assay results from the first three diamond drill holes at Kokoseb – KDD001, KDD002 and KDD008 – have returned high-grade intercepts that confirm the outstanding opportunity of this large-scale anomaly. Results include 17.4m at 2.70 g/t Au, 4.8m at 4.38 g/t Au, 27m at 1.67 g/t Au and 19.9m at 1.47 g/t Au. The diamond drilling program consisted of 12 holes, with results of the remaining nine holes expected in July. In addition, assay results from the last trenches returned pleasing grades and results from remaining infill soil sampling grids extended the anomaly and together with the results of diamond drilling, establish Kokoseb as a significant gold discovery. The Company now plans to undertake a systematic 20,000m reverse circulation drilling program, with the first drill rig to mobilise later this month. Assay results have been received from the first three diamond drillholes – KDD001, KDD002, which are both on the same section and KDD008, which is located 1.3km NE of KDD001 and KDD002. The first section drilled at Kokoseb includes two drillholes, KD001 and KD002 (figure 2), which returned the following significant intercepts
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