Announcement Date: 2023-03-15
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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