Wia Gold Uncovers High-Grade Depth Extensions at Kokoseb

Strong High-Grade Continuity in Central Zone

Wia Gold Limited has reported compelling assay results from its Kokoseb Gold Project in Namibia, following an extensive 8,118-metre drilling campaign. Eleven diamond drill holes focused on high-grade zones beneath the current open pit resource have returned consistent and robust gold intercepts, particularly within the Central Zone’s plunging shoots. Noteworthy among these is an 81.1-metre intercept averaging 5.00 grams per tonne gold, including a standout 22.0 metres at 14.87 g/t Au, underscoring the continuity and scale of mineralisation critical for underground mining prospects.

Depth Extensions Signal Upside Potential

Beyond confirming near-surface continuity, deeper diamond drilling has revealed that the mineralised system remains open at depth. Intercepts such as 23.7 metres at 6.59 g/t Au from nearly 520 metres downhole and 11.0 metres at 4.46 g/t Au from over 600 metres highlight significant extensions well below the current Mineral Resource Estimate. These findings suggest substantial upside for future underground resource expansion, a key factor as Wia advances towards its Definitive Feasibility Study slated for the second half of 2026.

Infill Drilling Strengthens Open Pit Resource

Complementing the deep drilling, Reverse Circulation (RC) infill drilling in the northern Gap Zone has exceeded expectations, delivering intercepts such as 40 metres at 1.13 g/t Au. This shallow drilling aims to convert and expand the open pit resource, enhancing the overall project economics and providing a balanced resource profile between open pit and underground ounces.

Strategic Drilling Program and Project Outlook

Currently, five diamond rigs are delineating high-grade shoots to underpin a future underground resource, while one RC rig focuses on shallow infill drilling. Executive Chairman Josef El-Raghy emphasised the systematic approach to resource conversion and expansion, highlighting the project’s quality and long-term value potential for shareholders. The Kokoseb Gold Project, with an updated Inferred Mineral Resource Estimate of 2.93 million ounces at 1.0 g/t Au, remains a cornerstone asset within Wia’s broader Damaran Project portfolio in Namibia.

Looking Ahead

As Wia Gold continues to unlock Kokoseb’s underground potential, the upcoming Definitive Feasibility Study will be pivotal in translating these promising drilling results into a viable mining operation. The combination of high-grade continuity, depth extensions, and resource conversion efforts positions Kokoseb as a project to watch in the evolving Namibian gold landscape.