Wia Gold Limited (ASX: WIA) has obtained promising results from a further 15 reverse circulation (RC) drill holes – KRC060 to KRC072 and KRC074 and KRC075 – completed at the Kokoseb Gold Project, situated on the company’s Damaran Gold Project located in Namibia.
These drill holes are all infill and depth extensional holes located at the Central and NW Zones.
Best results include 31m at 3.37g/t Au in hole KRC067, which is the most significant intercept returned to date at Kokoseb, 34m at 1.81g/t Au in hole KRC074, demonstrating continuity of the high-grade zone at depth and 15m at 1.80 g/t Au in hole KRC072.
At the end of March 2023, 93 RC holes for 18,689m have been drilled at Kokoseb..
“Two of these latest significant intercepts at Kokoseb are extremely important. Firstly, 31m at 3.37g/t Au at a shallow depth is the best intercept returned to date at Kokoseb and further demonstrates the significant potential for an open-pittable resource,” Chairman, Andrew Pardey, said.
“Secondly, drill hole KRC074 has intersected a depth extension of a high-grade plunging shoot, that has been difficult to identify due to the wide drill spacing between sections.
“The geological understanding of the host context at Kokoseb is increasing rapidly, hence the level of detail now demonstrated on the interpreted geological sections and plans. This knowledge is valuable for input into the coming mineral resource estimate, that is still expected during the second quarter of 2023, and for the success of next series of exploration drilling, along strike and on extension zones.”
The link between the northern and western trends hosts significant high-grade gold intercepts, interpreted in two sub parallel and steeply dipping zones.
Drill hole KRC067 has returned the best mineralised significant intercept to date at Kokoseb of 31m at 3.37 g/t Au from 70m. This drill section includes drill holes KRC065 and KRC070 and previously reported KRC046 where two steeply dipping mineralised zones are interpreted, being constrained between a swarm of granitic bodies. The drill holes had to be planned as scissors to correctly interpret the area (same for the next section south). Significant intercepts returned on the section included: 4.0m at 0.88g/t Au from 234m (KRC065); 31m at 3.37g/t Au from 77m (KRC067); 8.0m at 0.74g/t Au from 112m (KRC067); 7.0m at 0.82g/t Au from 134m (KRC067); 6.0m at 0.94g/t Au from 163m (KRC070); and 21m at 1.14g/t Au from 182m (KRC070).
The next drill section south, located at 100m, includes drill hole KRC072 and previously reported drill holes KRC044, KRC045, KRC056 and KRC058. The two mineralized zones are also well interpreted on this section and start showing changes in dip and a variation in thickness. Indeed, progressing further to the South corresponds to what is called “the Central zone” where only one main mineralized zone is intersected at a moderate dip towards the west.
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