Wia Gold has reported high-grade drilling results, including 9 metres grading 10.64 g/t gold from 811 metres, including 4 metres grading 22.76 g/t gold, as the company identified a new deep mineralised target beneath the Central Zone at its 2.93-million-ounce Kokoseb Gold Project in Namibia.
The latest drilling campaign also returned 10.8 metres grading 5.43 g/t gold from 322.2 metres, including 4 metres grading 11.10 g/t gold, 15 metres grading 2.18 g/t gold from 414 metres and 8.7 metres grading 2.66 g/t gold from 648.4 metres as Wia expanded high-grade mineralisation below the current scoping-study pit shell.
According to the company, the new target zone lies about 700 metres below surface and approximately 350 metres beneath the current pit shell, significantly strengthening Kokoseb’s underground development potential. Mineralisation has now been extended to roughly 580 metres below the pit shell, and both major high-grade shoots remain open at depth.
The results form part of a 19,819-metre drilling campaign comprising 29 diamond drill holes and 10 reverse-circulation holes completed across the Central, Southern and Western zones of the project.
Wia said the new deep target beneath the Central Zone represents a second high-grade mineralised horizon below the current open-pit resource and could materially expand future underground development options beyond the existing scoping-study design. Drill hole KDD147 intersected a broader unconstrained mineralised interval of 62 metres grading 2.08 g/t gold, while KDD137 returned 54.1 metres grading 1.25 g/t gold, including several higher-grade internal zones.
The company also reported continued extension of the high-grade plunging shoots within both the Central and Southern zones. Diamond drill hole KDD152 extended the down-plunge extent of the Central Zone shoot to approximately 580 metres below the pit shell after intersecting 12 metres grading 1.86 g/t gold from 555 metres, including 3 metres grading 3.04 g/t gold.
In the Southern Zone, drill hole KDD156 extended mineralisation by a further 80 metres below the scoping-study pit shell and returned 9 metres grading 2.59 g/t gold from 575 metres, including 4 metres grading 4.83 g/t gold.
Wia managing director and chief executive Henk Diederichs said the latest results continued to strengthen confidence in Kokoseb’s long-term underground potential.
“The discovery of a new high-grade target beneath the Central Zone, together with the strong continuity demonstrated in the existing high-grade shoots in both the Central and Southern Zones, further strengthens Kokoseb’s underground potential,” Diederichs said.
He said six diamond drill rigs were continuing underground resource-definition drilling ahead of an updated Mineral Resource Estimate and Definitive Feasibility Study scheduled for completion during the third quarter of 2026.
Kokoseb currently hosts an indicated and inferred mineral resource estimate of 2.93 million ounces grading 1.0 g/t gold at a 0.5 g/t cut-off grade, including a higher-grade component of 2.07 million ounces grading 1.4 g/t gold at a 0.8 g/t cut-off.
The project is located within Exclusive Prospecting Licence 4818 near Okombahe in north-western Namibia and forms part of Wia’s broader Damaran Project covering more than 2,700 square kilometres across 12 tenements. Wia holds an 80% interest in the project through a joint venture with the state-owned mining company Epangelo.
