공시 • Jun 07
Wia Gold Limited Announces Assay Results from the First Three Diamond Drill Holes at Kokoseb Kdd001, Kdd002 and Kdd008
Wia Gold Limited advised that assay results from the first three diamond drill holes at Kokoseb KDD001, KDD002 and KDD008 have returned high-grade intercepts that confirm the outstanding opportunity of this large-scale anomaly. Results include 17.4m at 2.70 g/t Au, 4.8m at 4.38 g/t Au, 27m at 1.67 g/t Au and 19.9m at 1.47 g/t Au. The diamond drilling program consisted of 12 holes, with results of the remaining nine holes expected in July. In addition, assay results from the last trenches returned pleasing grades and results from remaining infill soil sampling grids extended the anomaly and together with the results of diamond drilling, establish Kokoseb as a significant gold discovery. The Company now plans to undertake a systematic 20,000m reverse circulation drilling program, with the first drill rig to mobilise later this month. A series of highly significant gold intercepts from first three diamond drill holes Assay results have been received from the first three diamond drillholes KDD001, KDD002, which are both on the same section and KDD008, which is located 1.3km NE of KDD001 and KDD002. The first section drilled at Kokoseb includes two drillholes, KD001 and KD002, which returned the following significant intercepts: KDD001: 17.4m at 2.70 g/t Au from 49m, including 5.2m at 5.91 g/t Au; KDD002: 12.2m at 1.09 g/t Au from 89.1m; 3.2m at 2.49 g/t Au from 104.5m; 4.8m at 4.38 g/t Au from 110.9m; 2.7m at 2.37 g/t Au from 122.9m. The holes were drilled under Trenches 1 and 2, from which significant intercepts of 8m at 1.03 g/t Au and 3m at 1.03 g/t Au were previously reported1. The mineralised zone was not completely intersected at surface in the trenches (mineralisation stops at the end of Trench 1) and has a true width ranging between 14 and 27m intersected in the drilling. Gold grades are also significantly higher in the fresh rock in the drillholes than in the oxidised rock at surface on the section. This scenario, considered to be a result of the weathering process, is expected to occur beneath other trenches at Kokoseb and demonstrates that the grade of the underlaying fresh rocks can be significantly higher than grades at surface. Significant intercepts from a third hole KDD008 include: KDD008: 3.8m at 0.79 g/t Au from 19.6m; 3m at 1.30 g/t Au from 30m; 27m at 1.67 g/t Au from 36.5m, including 8.5m at 2.44 g/t Au 2.8m at 0.83 g/t Au from 70m; 7.1m at 1.35 g/t Au from 75.3m; 4.6m at 1.50 g/t Au from 86.7m; 19.9m at 1.47 g/t Au from 131m; 7.7m at 1.27 g/t Au from 155.7m; KDD008 was drilled under Trench 5, which previously returned the best surface intercepts, including 52m at 1.65 g/t Au, 6m at 1.14 g/t Au and 10m at 1.05 g/t Au2 . For this reason, this drillhole samples were prioritised at the laboratory. The mineralised zone intersected in Trench 5 can be directly correlated to the upper set of intercepts in KDD008, which has a true width estimate of 73m. Both the lower set of intercepts, 19.9m at 1.47 g/t Au and 7.7m at 1.27 g/t Au are hosted by a different structure that appears to have a flatter dip, inferred to be 35° from the correlations with drillhole KDDD012, located on the same section. Results for KDD012 are pending. The mineralisation in all three drillholes reported here is visually represented by sulphides (arsenopyrite, pyrrhotite and pyrite), occurring as fine-grained dissemination and in small veins (millimetre scale). The host sediments (biotite-schists) are highly altered, showing mineral assemblages including chlorite, biotite, silica and sericite. Trenches have intersected in situ mineralisation at every location of the gold in soil anomaly, which has been extended by the infill soil sampling The assay results were also received from the last trenches completed at Kokoseb OT006, OT007, OT008 and 0T009. Mineralisation in the oxidised rock was intersected in all trenches, returning the following significant intercepts: OT006: 8m at 0.73 g/t Au from 0m; 10m at 0.96 g/t Au from 16m; 6m at 1.06 g/t Au from 30m; 3m at 1.03 g/t Au from 55m; OT007: 13m at 1.07 g/t Au from 20m; OT008: 2m at 0.89 g/t Au from 11m; 2m at 1.37 g/t Au from 18m; 7m at 0.64 g/t Au from 24m; 2m at 1.01 g/t Au from 37m; 8m at 1.25 g/t Au from 47m; OT009: 5m at 0.62 g/t Au from 2m; 27m at 1.19 g/t Au from 12m; 4m at 0.69 g/t Au from 48m; 2m at 3.30 g/t Au from 82m; 2m at 0.72 g/t Au from 89m. These results, which are spread all along the gold in soil anomaly confirm the substantial scale at the Kokoseb gold discovery. The last results from the infill soils have extended the Kokoseb gold anomaly a further 900m on the eastern flank. Kokoseb appears as a contact like aureole of the central granitic pluton, with a diameter of approximately 3km in each direction. Next steps The immediate next step at Kokoseb is the commencement of a systematic 20,000m reverse circulation drilling program, with the first drill rig planned to mobilise towards the end of June. Two additional programs are planned in June, including the selection of samples for preliminary metallurgical testwork, the results of which are expected towards the end of July and a selection of samples for thin section and polished section work, in order to further the Company's understanding of the mineralisation style and the occurrence of gold.