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Wia Gold (ASX: $WIA) reports high-grade extensions at Kokoseb

Overview of Wia Gold's latest drilling results at Kokoseb


Wia Gold Limited (ASX: $WIA) has released the assay results from recent drilling activities at its Kokoseb Gold Deposit in Namibia. The company reported high-grade extensions from multiple areas, including the Central Zone and the Gap Zone. The drilling, totaling 4,791m, revealed significant intercepts, with eight sample splits returning grades over 10 g/t Au. The results are expected to contribute to an impending update of the Kokoseb Mineral Resource Estimate (MRE).

Executive commentary on the drilling results


Wia's Chairman, Andrew Pardey, expressed satisfaction with the extended continuity and consistency within the identified mineralized zones at both the Gap Zone and Central Zone. He highlighted the high-grade core within some of these shoots, supported by the latest results. Pardey also mentioned the company's anticipation of delivering the updated MRE for Kokoseb in the next few weeks.

Summary of Wia Gold's drilling results and outlook


The drilling results at Kokoseb demonstrate significant high-grade intercepts, particularly in the Central Zone and the Gap Zone. The success of the drilling activities is expected to contribute to an impending update of the Kokoseb Mineral Resource Estimate. Wia Gold remains optimistic about the continuity and consistency of mineralization within the identified zones. The company's Chairman, Andrew Pardey, expressed confidence in the extended high-grade core within the mineralized shoots. Wia Gold looks forward to delivering the updated MRE for Kokoseb in the coming weeks, reflecting the company's commitment to advancing its exploration and development activities in Namibia.

WIA GOLD LIMITED
WIA | ASX | Materials
0.09-0.004(-4.26%)
At close 05/07 (AEDT)
Market cap
$105.8M
Volume
2,796,814
DY Yield
0
PE Ratio
0
52 Week Range
0.028 - 0.125
1YR Return
446.117%

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