By: Creamer Media

Wia notes that results from 29 diamond drill holes have identified a new high-grade mineralised horizon beneath the Central zone and an extended high-grade mineralisation beyond the current openpit mineral resource estimate (MRE).

The results also further demonstrate the internal continuity, scale and robustness of the high-grade plunging shoots.

Wia says a further ten reverse circulation (RC) holes were completed, including eight infill holes within the openpit area and two below the scoping study pits in the Southern zone, validating internal grade continuity.

Additionally, assay results from the 39 drill holes include a new high-grade target identified in the Central zone, supporting underground growth potential.

This includes 9 m of gold grading 10.64 g/t from 811 m, including 4 m of gold grading 22.76 g/t in KDD147; and 9 m of gold grading 2.24 g/t from 801 m, including 3 m of gold grading 3.18 g/t in KDD137.

Moreover, the company says strong continuity was demonstrated in the Central and Southern zones high-grade plunging shoots and Western zone deep target.

An updated MRE is currently being calculated and will encompass all historical sampling up to and including the period covered by this announcement.

The Kokoseb definitive feasibility study (DFS) remains on schedule for completion in the third quarter of this year.

Six diamond drill rigs are currently advancing the definition drilling of high‑grade zones to support future underground resource potential.

Wia MD and CEO Henk Diederichs reiterates that the discovery of a new high-grade target beneath the Central zone, together with the strong continuity demonstrated in the existing high-grade shoots in both the Central and Southern zones, further strengthens Kokoseb’s underground potential.

He notes that mineralisation has been extended to 580 m of strike below the scoping study pit shell, and both high-grade shoots remain open at depth.

“With six diamond rigs operating, we are continuing underground resource definition ahead of an updated MRE and the DFS in the third quarter of calendar year 2026, with increasing confidence in the long-term scale and value of the deposit.”