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An update from WIA Gold Limited ( (AU:WIA) ) is now available.
Wia Gold Limited has strengthened its board with the appointment of experienced mining executive Adam Smits as a Non-Executive Director, effective immediately, bringing more than three decades of technical, development and operational expertise across Africa and Australia. Smits’ track record includes senior project roles at Liontown Resources, Perseus Mining and Mineral Deposits, where he oversaw major gold and mineral sands developments from feasibility through to production.
The company expects Smits’ skills to support the advancement of its Kokoseb Gold Project in Namibia, which is progressing a Definitive Feasibility Study on time and budget while drilling continues to firm up and expand an existing 2.93-million-ounce resource. His appointment comes at a pivotal stage for Wia, as it seeks to convert Kokoseb’s substantial resource base into a producing asset within a recognised mining jurisdiction, potentially enhancing the company’s growth trajectory and de-risking project execution for stakeholders.
The most recent analyst rating on (AU:WIA) stock is a Hold with a A$0.59 price target. To see the full list of analyst forecasts on WIA Gold Limited stock, see the AU:WIA Stock Forecast page.
More about WIA Gold Limited
Wia Gold Limited is an ASX-listed mining company focused on gold exploration and development, with its flagship Kokoseb Gold Deposit located in north-west Namibia. The Kokoseb deposit forms part of Wia’s larger Damaran Project, which comprises 12 tenements over more than 2,700 square kilometres in a well-established African mining jurisdiction. The project is advancing with an Inferred and Indicated Mineral Resource Estimate of 2.93 million ounces of gold at 1.0 g/t, including a higher-grade component of 2.07 million ounces at 1.4 g/t.
Average Trading Volume: 2,447,309
Technical Sentiment Signal: Buy
Current Market Cap: A$818.9M
Learn more about WIA stock on TipRanks’ Stock Analysis page.