Wia Gold Limited has confirmed that its Kokoseb Gold Project in Namibia is moving into a decisive new phase, underpinned by a stronger Mineral Resource Estimate (MRE), robust drilling results, and the commencement of a detailed Scoping Study.
In July 2025, Wia announced an updated MRE of 2.93 million ounces of gold at 1.0 g/t, representing a 38% increase from April 2024. Of this, 1.81Moz, or 62%, has been upgraded to the Indicated category — providing a solid foundation for mine planning.
A higher-grade subset of 2.07 million ounces at 1.4 g/t was also defined, underscoring Kokoseb’s potential as a large, scalable deposit.
The Southern Zone returned Kokoseb’s most impressive intercept yet — 50m at 12.00 g/t gold, including a staggering 528 g/t sample.
Other notable results included 14.8m at 4.43 g/t gold and 11.2m at 2.26 g/t gold in the Central Zone, where a high-grade shoot is now continuous across 500m of strike.
Shallow infill drilling at the Central and Western zones also produced solid results, including 47m at 1.01 g/t gold and 35m at 1.09 g/t gold, confirming Kokoseb’s consistency across zones.
Progress at Kokoseb since its discovery in 2023 has been steady and substantial.
The maiden MRE reported 1.3Moz of gold (41Mt at 1.0 g/t) in May 2023. This grew to 2.1 million ounces (66 million tons at 1.0 g/t) in April 2024 and now stands at 2.93 million ounces as of July 2025.
Alongside this resource expansion, uninterrupted drilling has continued to deliver consistent widths and grades, while the proportion of Indicated resources has grown — strengthening the platform for feasibility studies.
Beyond the immediate resource base, exploration has highlighted new mineralised splays, deep extensions at the Central Zone, and shallow infill opportunities.
Hole KDD055 returned 26m at 7.90 g/t at depth, while KDD064 extended the Central shoot by 200m, returning 9.7m at 4.66 g/t gold.
These results underline Kokoseb’s open-ended potential both along strike and at depth.
To advance the project, Wia commenced its Kokoseb Scoping Study, which is due for completion in the third quarter of 2025.
The study will define mine design, processing routes, and infrastructure needs. Preliminary work has already been completed on geotechnical drilling, tailings storage facility design, metallurgical testwork, and process plant layouts.
Power is expected to be supplied via a new 66kV grid connection from NamPower, while hydrogeological studies have identified potential borefields for water supply.
Funding remains secure, with Wia raising A$29.6 million during the year to support drilling, resource growth, and ongoing studies.
The company’s steady resource growth since Kokoseb’s discovery in 2023 — from a maiden 1.3 million ounces to 2.93 million ounces today — demonstrates both its momentum and scalability.
Kokoseb forms part of Wia’s Damaran Gold Project, located in Namibia’s emerging Damara Belt.
Wia holds an 80% interest in the licence through its Namibian subsidiary, while local partner Okombahe Gold holds the remaining 20%. Since acquiring the ground in 2020, Wia has steadily increased investment, committing millions of Australian dollars to drilling campaigns, geological modelling, and early-stage development studies.
The project has become Wia’s flagship asset, representing its most significant single resource growth to date.
Regional exploration continues across Wia’s Namibian portfolio, with reconnaissance sampling and mapping identifying new targets for systematic follow-up.
With Kokoseb advancing toward feasibility and drilling continuing to expand its footprint, the project is positioning itself as a flagship discovery in Namibia’s gold sector — and one of the fastest-growing new deposits in southern Africa.
