Wia Gold Limited has reported positive assay results for twenty-nine (29) Reverse Circulation (RC) drill holes and four (4) diamond drill holes, totalling 7,414 metres at the Kokoseb project.
The ASX-listed company wants to upgrade the Kokoseb project inferred resources and support resource growth.
Wia Gold says the drilling demonstrates notable continuity in grade and thickness for resource confidence upgrade to support the upcoming scoping study.
Several significant intercepts identify mineralisation outside the current mineral resource estimate boundary, including 17m at 3.31 g/t Au from 238m in KRC365, with mineralisation remaining open at depth throughout the strike at Kokoseb.
According to Wia Gold, the central high-grade shoot definition continues with high-grade intercepts of 21.3m at 3.96 g/t Au from 296.0m, including 14.7m at 5.15 g/t Au in KDD053 or 5.4m at 7.59 g/t Au from 412.4m in KDD051.
Infill drilling for shallow resource conversion at Central Zone, Western Zone and NW Zone returned thick gold intercepts, including 10m at 8.03 g/t Au from 126m in KRC355 o 40m at 1.29 g/t Au from 81m in KRC355 o 25m at 3.28 g/t Au from 104m in KRC360 o 22m at 4.31 g/t Au from 72m in KRC369 o 23m at 2.18 g/t Au from 115m in KRC364.
Wia Gold executive chairperson Josef El-Raghy says drilling continues to confirm the consistency of mineralisation in both width and grade, which is expected to positively contribute to increased confidence in the mineral resource estimate and support a resource upgrade.
El-Raghy says Wia is beginning to see significant results from the accelerated drilling campaign, with five to six rigs in operation since the beginning of the year. “Importantly, we are expanding mineralisation beyond the current mineral resource estimate boundary, further reinforcing our confidence in growth from the Kokoseb Gold Project,” El-Raghy says.
