Announcement Date: 2022-07-27
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Wia Gold Limited
Project name: Kokoseb
Location: Namibia
Commodities: Gold
Highlight: Drilling results incl. 14.1m @ 1.91g/t Au from 45.1m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Wia Gold Limited (ASX: WIA) (Wia or the Company) is pleased to report further results of diamond drilling at the Kokoseb Gold Discovery (Kokoseb), situated on the Company’s Damaran Gold Project located in Namibia. Four diamond drill holes, located on two drill sections have returned a series of significant gold intercepts that confirm mineralisation across a cumulative strike length of over 1km (Figure 1). Best results include 14.1m at 1.91 g/t Au, 16.7m at 1.58 g/t Au, 12.0m at 1.36 g/t Au and 11.5m at 2.50 g/t Au. The diamond drilling program consisted of 12 holes, with results of the remaining five holes expected in August. A systematic reverse circulation (RC) drilling program recently commenced at Kokoseb and is progressing well. Assay results have been received from a further four diamond drillholes – KDD003 and KDD004, both on the same drill section which is spaced at 350m from the next drill section with KDD005 and KDD006. Together with the trench results and previously released diamond results, these holes confirm mineralisation over a cumulative strike length of 1km.
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