Ongwe identifies major new gold anomaly at Omatjete project

Ongwe Minerals has identified a new multi-kilometre gold anomaly at its Omatjete Gold Project in Namibia, with the company describing the Nguni prospect as one of the most significant gold-in-soil discoveries made in the country in recent years.

Chief Executive Officer Dave Underwood said the newly discovered Nguni prospect extends for more than five kilometres and remains open to the north, east and west, indicating significant exploration potential.

“The newly discovered Nguni prospect is the biggest gold-in-soil anomaly I have seen in Namibia since first embarking on exploration here in 2008,” Underwood said.

The discovery is located approximately 17 kilometres from Ongwe’s Manga gold discovery and 55 kilometres from Wia Gold’s Kokoseb deposit, which hosts an estimated 2.93 million ounces of gold.

According to the company, soil sampling returned values of up to 730 parts per billion (ppb) gold, with multiple kilometres of mineralisation grading above 100ppb gold.

“The tenor of the gold anomaly is also very impressive, with 28 samples assaying above 300ppb gold and eight samples returning values above 500ppb gold so far,” Underwood said.

He noted that the anomaly shares geological characteristics with the Kokoseb discovery and is situated along the Okondeka Fault Zone, a regional geological structure increasingly recognised for its gold potential.

“The mineralisation is located in a textbook structural setting, where a regional-scale fault jogs around brittle granitic intrusions, creating space and hydrothermal fluid pathways,” he said.

Ongwe is currently undertaking infill mapping and sampling to refine drill targets ahead of a planned drilling programme in the second half of 2026.

“We are currently carrying out infill mapping and sampling to accurately define the mineralisation footprint ahead of a drilling programme scheduled to commence in the second half of 2026,” Underwood said.

He said the discovery strengthens the company’s confidence in the broader Omatjete Gold Project and supports continued exploration along the largely underexplored corridor between the Nguni and Manga prospects.

“This discovery validates our confidence in the Omatjete Gold Project, and we look forward to advancing both the Nguni and Manga targets while continuing grassroots exploration across this exciting and rapidly emerging gold district,” Underwood said.

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