Wia Gold Limited (ASX: WIA) has intercepted a major new high-grade gold zone deep beneath its 2.93-million-ounce Kokoseb Gold Project in north-western Namibia, boosting the project’s long-term underground mining potential.
The discovery follows an extensive drilling campaign comprising nearly 20,000 metres across 39 drill holes.
The standout result came from diamond drill hole KDD147, which returned a high-grade intercept of 9.0 metres at 10.64 grams per tonne (g/t) gold from a depth of 811 metres.
Another deep hole in the same Central Zone, KDD137, intersected a broad mineralised zone of 54.1 metres at 1.25 g/t gold, including a higher-grade interval of 17.0 metres at 2.16 g/t gold.
The deep intercepts confirm thick, high-grade gold mineralisation located about 700 metres below surface and approximately 350 metres beneath the open-pit limits outlined in the company’s 2025 Scoping Study.
“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. Mineralisation has been extended to 580 metres of strike below the Scoping Study pit shell, and both high-grade shoots remain open at depth,” said Wia Gold Managing Director and Chief Executive Officer, Henk Diederichs.
Beyond the new deep discovery, the latest drilling programme successfully extended existing high-grade plunging shoots in both the Central and Southern zones.
At the Central Zone, step-out drilling extended known mineralisation to 580 metres below the open-pit floor, while drilling at the Southern Zone extended the high-grade shoot by a further 80 metres to reach 480 metres below the scoping pit.
Six diamond drill rigs are currently operating at the project to continue defining underground resources. The new data will feed directly into an updated Mineral Resource Estimate (MRE).
Meanwhile, Wia Gold remains on track to complete its Definitive Feasibility Study (DFS) in the third quarter of 2026, a key milestone in advancing Kokoseb towards becoming one of Namibia’s next major gold mines.
“With six diamond rigs operating, we are continuing underground resource definition ahead of an updated MRE and the Definitive Feasibility Study in Q3 CY2026, with increasing confidence in the long-term scale and value of the deposit,” Diederichs said.
