Announcement Date: | 2023-03-15 |
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Announcement Type: | Drilling Results |
Announcement Code: | JORC |
Company name: | Wia Gold Limited |
Project name: | Kokoseb |
Location: | Namibia |
Commodities: | Gold |
Highlight: | Drilling results incl. 20m at 2.13g/t Au from 116m |
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 results from a further twenty-two reverse circulation (RC) drill holes – KRC037 to KRC059 – completed at the Kokoseb Gold Project (Kokoseb), situated on the Company’s Damaran Gold Project located in Namibia. These drill holes include the latest reconnaissance holes completed along strike – at the Eastern trend of Kokoseb – and the first systematic infill drill holes – located where there is the merging between the Northern trend and the Western trend – combined with drill holes completed to further improve the geological understanding and the continuity of the mineralised zones. Best results include 14m at 1.82 g/t Au in hole KRC059, 7m at 4.13 g/t Au in hole KRC052, 20m at 2.13 g/t Au and 12m at 2.59 g/t Au, both in hole KRC050. At the end of February 2023, 77 RC holes for 15,099 metres have been completed at Kokoseb. Two drill rigs are progressing the program, with a maiden resource estimate expected in Q2 2023. |
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