Kokoseb Central Zone Delivers High-Grade Gold Results in Namibia

WIA Gold has announced a new wave of outstanding assay results from the Central Zone of its Kokoseb Gold Project in Namibia, confirming the discovery’s expanding scale and grade continuity. The latest drilling data reinforce Kokoseb’s reputation as one of the most promising emerging gold systems in Africa, with mineralisation extending significantly along strike and at depth. The results build upon a strong 2025 exploration campaign that continues to highlight Kokoseb’s dual potential for both open-pit and underground mining, further solidifying Namibia’s growing position within the continent’s gold exploration landscape.

The Central Zone drilling campaign yielded several exceptional intersections, including 27 metres at 3.31 grams per tonne (g/t) gold from 474 metres, which stands out as one of the best deep intercepts at Kokoseb to date. Other notable results include 11 m at 5.21 g/t (hole KDD097), 12.7 m at 3.09 g/t (KDD095), and 5 m at 6.77 g/t (KDD103), reflecting consistent high-grade mineralisation across the core zone. Additional intercepts such as 10.8 m at 3.05 g/t, 6 m at 3.73 g/t, and 7 m at 2.35 g/t demonstrate the system’s continuity and structural robustness. Importantly, the Central Zone extends for more than 500 metres along strike and remains open in multiple directions, suggesting significant upside potential as drilling continues.

Exploration also uncovered a new high-grade sub-parallel shoot near drillhole KRC3312, featuring intersections of 10.9 m at 12.26 g/t and 8.2 m at 5.09 g/t, indicating potential for multiple stacked ore bodies within the Kokoseb system. Deep drilling results, such as 47 m at 1.49 g/t (KDD086), confirm mineralisation continuity to greater depths, supporting the viability of an underground mining phase. In addition, positive drill outcomes from the Northern and Gap Zones suggest that the mineralised corridor is more extensive than previously modelled.

A trial grade-control program at Kokoseb has verified the consistency of shallow mineralisation, further reinforcing the feasibility of an initial open-pit development. The project’s updated resource estimate (July 2025) now stands at 2.93 million ounces (Moz) of gold at 1.0 g/t, including 2.07 Moz at 1.4 g/t in higher-grade zones. A Definitive Feasibility Study (DFS) is underway and remains on track for completion in the second half of 2026. Kokoseb is being developed under a joint venture between WIA Gold and Epangelo Mining, Namibia’s state-owned mining company, which holds a 20 percent participating interest.

These strong results reaffirm Kokoseb’s status as a world-class exploration success story and a potential flagship gold project for Namibia. The ongoing resource expansion and growing evidence of multi-phase mineralisation provide WIA Gold with the flexibility to design a scalable, long-life mining operation. For Namibia, Kokoseb represents a major step toward diversifying the country’s mining portfolio beyond uranium and base metals, attracting increased investor interest in its underexplored gold potential and positioning it as a rising player in Africa’s modern gold industry.

Mini-Glossary

• g/t (grams per tonne): A measure of gold concentration in rock; higher values indicate richer ore.
• Strike: The horizontal direction or extent of a mineralised zone.
• Shoot: A concentrated zone of high-grade mineralisation, often elongated vertically or along strike.
• Grade-Control Drilling: A short-spaced drilling program used to confirm ore grades and boundaries before mining.
• Moz (Million Ounces): A standard unit of measurement for large-scale gold resource estimates.
• Definitive Feasibility Study (DFS): A detailed technical and financial evaluation used to confirm whether a mining project is commercially viable.
• Open-Pit vs. Underground Mining: Open-pit mining extracts ore from surface excavations, while underground mining targets deeper deposits through tunnels and shafts.