FilingReader Intelligence

Wia Gold's Kokoseb project resource up 38%, boosts gold position

September 23, 2025 at 10:05 AM UTCBy FilingReader AI

Wia Gold Limited’s Kokoseb Gold Project in Namibia has significantly increased its contained gold to 2.93 Moz Au, up 38%, with 89Mt at 1.0g/t (0.50 g/t Au cut-off). This includes 1.81 Moz Au in the Indicated Category, representing 62% of the total MRE, and a higher-grade component of 46Mt at 1.4g/t Au for 2.07 Moz (0.80 g/t Au cut-off). The updated MRE is based on drilling data available at 30th June 2025.

The company successfully raised A$29.6 million for further MRE growth and ongoing studies to advance Kokoseb towards DFS completion. Drilling at Kokoseb is ongoing with four diamond rigs targeting deep extensions and one RC rig focused on completing shallow infill coverage across the deposit. The Kokoseb Scoping Study remains on target for completion in Q3 2025.

Exploration activities in Côte d’Ivoire included auger programs at Issia and Mankono Oest, and a new permit was granted at the Mankono Project. Wia Gold was also included in the S&P All Ordinaries index during the year.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

ASX:WIAAustralian Securities Exchange

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