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Wia Gold Limited Reports Significant Resource Upgrade at Kokoseb Project

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Wia Gold Limited Reports Significant Resource Upgrade at Kokoseb Project

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

Wia Gold Limited announced an upgraded Mineral Resource Estimate (MRE) for its Kokoseb Gold Project in Namibia, reflecting a 38% increase in contained gold to 2.93 million ounces. The upgrade includes a significant portion of the resource in the Indicated category, which now represents 62% of the total MRE, facilitating progress in the Scoping Study. The company’s ongoing drilling efforts aim to further expand the resource base, with the deposit remaining open along strike and at depth.

The most recent analyst rating on (AU:WIA) stock is a Buy with a A$0.28 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 a Namibian-focused gold development and exploration company. The company is primarily engaged in identifying and developing gold resources, with a significant focus on the Kokoseb Gold Project in Namibia. Wia Gold is involved in exploration activities to enhance its mineral resource estimates and advance its projects towards development.

Average Trading Volume: 1,617,213

Technical Sentiment Signal: Hold

Current Market Cap: A$402.8M

See more data about WIA stock on TipRanks’ Stock Analysis page.

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