Wia Gold Advances Kokoseb DFS as High-Grade Drilling Strengthens Underground Potential

WIA Gold Limited ( (AU:WIA) ) has shared an update.

Wia Gold has reported steady progress on the Definitive Feasibility Study for its 2.93Moz Kokoseb Gold Project in Namibia, with completion still targeted for the second half of 2026. Key DFS workstreams advanced across geotechnical validation, metallurgical testwork, process plant design, tailings and site geotechnical planning, and power and water supply studies, underpinning the project’s move toward development.

Drilling during the quarter delivered significant high-grade intercepts in both the Southern and Central Zones, extending mineralisation to at least 400 metres below the current pit shell and reinforcing Kokoseb’s underground potential alongside the planned open pit. The company also lodged its Environmental and Social Impact Assessment and Management Plan with Namibian authorities, strengthened its leadership team with experienced African operators, and completed the sale of non-core Côte d’Ivoire assets to sharpen its focus on Kokoseb.

The most recent analyst rating on (AU:WIA) stock is a Buy with a A$0.45 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, Namibia-focused gold development and exploration company advancing the 2.93Moz Kokoseb Gold Project. The company is transitioning from exploration to development, targeting open-pit production with potential underground operations, while streamlining its portfolio through divestment of non-core assets in Côte d’Ivoire.

Average Trading Volume: 2,061,227

Technical Sentiment Signal: Buy

Current Market Cap: A$701.6M

For a thorough assessment of WIA stock, go to TipRanks’ Stock Analysis page.