By: African mining market

open at depth. Hole KDD086 intersected 47 metres at 1.49 g/t gold, including 29 metres at 1.41 g/t and 15 metres at 1.87 g/t. Other notable deep intercepts include 22.5 metres at 1.23 g/t from 522 metres in KDD078, 19 metres at 1.58 g/t from 553 metres in KDD091, and 8.7 metres at 2.26 g/t from 496 metres in KDD087.

Infill drilling in the Northern and Gap Zones also produced encouraging results, with 8 metres at 7.66 g/t gold from 75 metres in KRC449, 15 metres at 1.62 g/t from 138 metres in KRC457, and 16 metres at 2.14 g/t from 38 metres in KRC480.

These intercepts will be included in the following mineral resource update as part of Wia’s strategy to increase the indicated category of the Kokoseb resource.

A trial grade-control program in the Central Zone has confirmed shallow mineralisation continuity, intersecting 23 metres at 2.40 g/t gold from 20 metres in KRC516, 27 metres at 1.48 g/t from surface in KRC548, and 45 metres at 1.38 g/t from 6 metres in KRC519.

The company said these results support the robustness of its geological model and reinforce the open-pit mining potential of the deposit.

Executive Chairman Josef El-Raghy said the latest drilling campaign strengthens confidence in Kokoseb’s capacity to deliver both open-pit and underground resources.

“The results demonstrate the potential to expand the existing open-pit resource and build confidence in defining a future underground resource.

“With five diamond and one reverse circulation rig operating, our program to grow and de-risk Kokoseb through to delivery of the Definitive Feasibility Study in the second half of 2026 remains firmly on track,” he said.

Kokoseb, located about 320 kilometres northwest of Windhoek, forms part of Wia’s broader Damaran Project, covering twelve tenements across 2,700 square kilometres.

The project is held in a joint venture with Namibia’s state-owned Epangelo Mining, which has a 20 per cent interest.

An updated mineral resource estimate released in July 2025 confirmed 2.93 million ounces of gold at 1.0 g/t using a 0.5 g/t cut-off grade, including a higher-grade component of 2.07 million ounces at 1.4 g/t using a 0.8 g/t cut-off.