Wia Gold Limited Unveils JORC-Compliant Kokoseb Drill Results, Highlighting Robust Gold Resource Potential and Low-Cost Discovery in Namibia

Thursday, July 3, 2025
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8:21 am
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Wia Gold Limited’s detailed JORC report confirms robust exploration processes at Kokoseb. The announcement outlines industry-standard drilling, sampling, assay and quality control procedures, supporting resource potential and transparency for future expansion while reinforcing investor confidence.

Wia Gold Limited has released detailed reporting that outlines the rigorous exploration techniques and quality control procedures used at its Damaran Project, including the Kokoseb gold deposit in Namibia. The company’s announcement presents extensive information on sampling methods, drilling techniques, data recording and assay protocols, all in compliance with the JORC Code. Reverse circulation drilling was conducted using a dedicated 140mm face sampling rig, with samples collected over one‐meter intervals, while diamond drilling using HQ and NQ cores was employed at steep angles to capture changes in lithology, alteration and mineralisation. Each drill hole was carefully logged and the sampling process included duplicate samples, certified reference materials, blanks and rigorous quality control steps to ensure that the assay results are both accurate and representative. The release also explains the data management and verification processes used to secure and validate the exploration data. GPS with the WGS84 Zone 33S grid system was used to record drill hole collar locations and down-hole information, ensuring that the spatial distribution of the data is sufficient to capture geological continuity. The methodology described in the report includes details on sample preparation – such as crushing, pulverising and assaying by Au‑AA24 methods at accredited laboratories – which further reinforces industry best practices. The techniques applied, including weighted averaging with an internal dilution cut-off strategy, help to provide reliable intercepts that underpin the company’s mineral resource estimates. The report provides additional context on land tenure and the joint venture arrangements in the Damaran Project area. Several exclusive prospecting licenses are held either fully by Wia Gold Limited or under an earn-in and joint venture with Epangelo Mining Limited. The deposit itself is explained to be an orogenic gold deposit hosted by neo-Proterozoic metasediments within the Kuiseb schist formation—an area known to produce significant gold mineralisation. Market sentiment arising from this detailed disclosure is mixed yet cautiously optimistic. On the bullish side, the comprehensive and transparent reporting, stringent quality control measures and adherence to industry standards enhance confidence in the robustness of the exploration program. This strong level of technical detail and compliance with the JORC guidelines suggests that Wia Gold Limited is advancing its resource development in a disciplined manner. On the bearish side, however, the technical complexity and continued reliance on inferred resources mean that investors must remain aware that further drilling, additional updates and eventual resource conversion are still needed to conclusively demonstrate economic viability. For beginning traders, the message is one of careful optimism, as the company’s adherence to high exploration standards provides a positive indicator while acknowledging that significant work remains before production may be realised.

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