Wia Gold Limited (ASX: WIA) has obtained further high-grade results from a further 22 RC drill holes – KRC037 to KRC059 – completed at the Kokoseb Gold Discovery, situated on the company’s Damaran Gold Project located in Namibia.
These drill holes include the latest reconnaissance holes completed along strike – at the Eastern trend of Kokoseb – and the first systematic infill drill holes – located where there is the merging between the Northern trend and the Western trend – combined with drill holes completed to further improve the geological understanding and the continuity of the mineralized zones.
Best results include 14m at 1.82g/t Au in hole KRC059, 7.0m at 4.13g/t Au in hole KRC052, 20m at 2.13g/t Au and 12m at 2.59g/t Au, both in hole KRC050.
At the end of February 2023, 77 RC holes for 15,099m have been completed at Kokoseb. Two drill rigs are progressing the program,e, with a maiden resource estimate expected in Q2 2023.
“The Kokoseb gold discovery continues to impress, regularly returning high-grade gold intercepts over thick mineralized zones,” Chairman, Andrew Pardey, said.
“The continuity between the Northern trend and the Western trend, at the high-grade NW zone, is now covered by further drill holes. Regular news flow is expected in the coming weeks as assay results are progressively received from the laboratory.
“Drilling is currently progressing along strike on the Southern high-grade zone, near drill hole KRC036, which previously returned key significant intercepts1, and between the Central and the Western high- grade zones, both targeting extensions to the currently drilled mineralization.
“Finally, we are looking forward to delivering the maiden resource estimate which is expected during the second quarter of 2023.”
New high-grade intercepts have locally enhanced previously drilled sections
The majority of the drill results reported – drill holes KRC043 to KRC059 – are located at the NW and Central high-grade zones of Kokoseb, where the Western trend and the Northern trend connect. The area is a key focus for the resource estimate due to the high-grade gold mineralization over thick intercepts.
RC drilling continuing
The connection zone (NW high grade zone) between the western and the northern trends has been systematically drilled by 100m spaced sections, to a vertical depth between 150 and 200m. Further assay results are pending from the laboratory and will be released in the coming weeks.
Two RC drill rigs are currently progressing the programmes at Kokoseb, with a focus on infilling the gaps along the western trend and on extending mineralization at depth and along strike at the Southern high-grade zone, near drill hole KRC036.
Wia expects the delivery of a maiden mineral resource estimate in Q2 2023.
For further information please visit: https://wiagold.com.au/
