InvestSMART

WIA Gold Limited (ASX:WIA)

ALERT: Price-sensitive ASX Announcement for WIA
Current share price for WIA : $0.470 -0.015 (-3.09%)+
Announcement
Release
20 Apr 2026 8:52AM
Price at Release
$0.485
Full Release
download
Summary
Wia Gold Limited's Quarterly Activities & Cashflow Report for March 2026 highlights the continued progress of the Definitive Feasibility Study (DFS) for the Kokoseb Gold Project in Namibia, with completion targeted for the second half of 2026. The company reported high-grade drilling results that support future underground mining potential. An Environmental and Social Impact Assessment and Management Plan were submitted to Namibian authorities, while the company also completed the divestment of non-core assets in Côte d'Ivoire. The board was strengthened with new appointments, and the updated Mineral Resource Estimate for Kokoseb is 2.93Moz. Regional exploration activities continue in Namibia, and the company reported a cash balance of A$40.94m at the end of the quarter.
Key Points
  • Definitive Feasibility Study (DFS) for the Kokoseb Gold Project is progressing, aiming for completion in H2 2026.
  • High-grade drilling results confirm future underground mining potential at Kokoseb.
  • Environmental and Social Impact Assessment (ESIA) and Management Plan submitted for Kokoseb to relevant Namibian authorities.
  • Strengthening of the Board with the appointment of Henk Diederichs as Managing Director & CEO, and other key management roles.
  • Completion of the divestment of non-core Côte d'Ivoire assets to Santa Fe Minerals Limited.
  • Updated Mineral Resource Estimate for Kokoseb stands at 2.93Moz gold.
  • Regional exploration activities continue in Namibia's Damara belt.
  • Wia Gold Limited holds a cash balance of A$40.94m as of 31 March 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.