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WIA Gold Limited (ASX:WIA)

ALERT: Price-sensitive ASX Announcement for WIA
Current share price for WIA : $0.458 0.033 (7.65%)+
Announcement
Release
10 Aug 2026 9:51AM
Price at Release
$0.425
Full Release
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Summary
Wia Gold Limited has announced a 29% increase in the Mineral Resource Estimate for the Kokoseb Gold Project in Namibia, which now totals 3.78 million ounces of gold. The updated estimate includes significant expansions both in open pit resources, now at 3.23 million ounces, and the addition of a new underground inferred resource. The mineralization, which spans a 5km strike, remains open at depth, suggesting further growth potential. The ongoing drilling efforts, with six active rigs, aim to enhance the understanding and expand the resource base further.
Key Points
  • Kokoseb’s Mineral Resource Estimate (MRE) increased 29% to 3.78 Moz Au.
  • The updated MRE comprises 113 Mt at 1.0 g/t Au.
  • Includes an open pit MRE of 105 Mt at 0.96 g/t Au for 3.23 Moz Au.
  • Maiden underground Inferred MRE of 7.9 Mt at 2.2 g/t Au for 0.56 Moz Au.
  • The mineralization remains open at depth along a 5km strike extent.
  • Six diamond rigs are testing the continuity and extent of mineralization.
  • Wia sees significant potential for future resource growth at Kokoseb.
  • Updated MRE reported at cut-off grades of 0.50 g/t Au and 0.85 g/t Au.
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.