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WIA Gold Limited (ASX:WIA)

ALERT: Price-sensitive ASX Announcement for WIA
Current share price for WIA : $0.450 0.025 (5.88%)+
Announcement
Release
10 Aug 2026 10:03AM
Price at Release
$0.425
Full Release
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Summary
WIA Gold Limited has announced the completion of a Definitive Feasibility Study (DFS) for its Kokoseb project, highlighting its viability and potential for significant economic returns. The study outlines the robust financial metrics of the project, anticipating a strong internal rate of return (IRR) and net present value (NPV), underpinned by the substantial gold resources identified. WIA is now focused on securing project financing to advance the Kokoseb project towards production. This includes ongoing discussions with potential financiers and strategic partners. The company believes the DFS results will enhance its ability to attract the necessary funding and partnerships.
Key Points
  • Completion of Definitive Feasibility Study (DFS) for Kokoseb.
  • Robust financial metrics with strong IRR and NPV.
  • Significant gold resources identified.
  • Focus on securing project financing.
  • Discussions with potential financiers and strategic partners.
  • DFS results to enhance funding and partnership opportunities.
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.