Wia Gold executive chairperson Josef El-Raghy says the current drilling focus at the Kokoseb gold deposit is on increasing the classification levels of the existing mineral resource estimate through further systematic drilling of the shallower mineralisation across these zones.
The Kokoseb Gold Project is within the Okombahe Exploration Licence under the joint venture by WIA (80%) and Epangelo (20%).
In April 2024, Wia Gold announced an updated inferred mineral resource estimate of 2.12Moz at 1.0 g/t Au, at a cut-off grade of 0.5 g/t Au, including a higher-grade gold portion of 1.53Moz at 1.4 g/t Au using a cut-off grade of 0.8 g/t Au, at a discovery cost of less than US$3/oz.
The drilling at Kokoseb has been ongoing throughout 2024, with three drill rigs (two reverse circulation and one diamond) focused on extensional drilling, new zone exploration, and quality.
The latest reverse circulation drill in the northern zone demonstrated significant grades, with results including 43.1m at 1.34 g/t Au in KRD180, 22.9m at 1.89 g/t Au in KRD183 and 13.2m at 1.88 g/t Au in KRD189.
El-Raghy says Kokoseb continues to deliver further significant drilling results as they target a range of strike and depth extension opportunities across the central zones.
“With three rigs in operation at Kokoseb we look forward to a steady pipeline of drilling results over the remainder of 2024,” he says
