Ongwe Discovers Over 5 km Gold Anomaly in Namibia
2026-06-11 15:46
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en.Wedoany.com Reported - Ongwe Minerals has discovered a soil gold anomaly with a strike length exceeding 5 kilometers at the Omatjete Gold Project in Namibia. This new discovery, named the Nguni anomaly, is located approximately 17 kilometers from the company's existing Manga gold discovery and about 55 kilometers from Wia Gold's Kokoseb project, which has reported resources of 2.93 million ounces.

The company stated that the Nguni anomaly remains open to the north, east, and west, with potential for expansion through further sampling. Soil sample analysis shows gold grades up to 730 ppb, with significant gold trends exceeding 100 ppb over multiple kilometers. Mineralization is concentrated in metasedimentary rocks near the granite contact zone, and the company compares its geological setting to the Kokoseb soil anomaly.

The discovery was made using Ongwe's detectORE system, followed by infill sampling at 100×100 meter spacing, with analysis completed at MSALABS in Omaruru. The company emphasized that the detectORE technology is used solely for rapid field assessment and not as a formal tool for gold grade or official resource estimation; fire assay and other laboratory methods have been concurrently used to verify results.

The company is currently conducting high-resolution infill sampling at 50×50 meter spacing to more precisely delineate the anomaly. Detailed geological mapping of the prospect is partially hindered by cover but is ongoing, while drone magnetic surveys are also planned. Drilling has been arranged at the Belmont prospect within the separate Khorixas Gold Project, as part of Ongwe's broader exploration activities in the North-west Damara Gold Belt in Namibia.

Dave Underwood, CEO of Ongwe Minerals, stated: "The Nguni prospect is the largest soil gold anomaly I have seen since first exploring in Namibia in 2008. Infill mapping and sampling are currently underway to accurately define the mineralized extent, aiming to initiate a drilling program in the second half of 2026." Additionally, through its 51%-owned subsidiary Belmont Minerals Exploration, Ongwe has signed an agreement to acquire a 90% interest in a license area adjacent to the Omatjete Gold Project. Under the terms, the company will issue 175,000 shares to the seller and may make milestone payments totaling up to C$4 million (US$2.87 million) contingent on the determination of significant mineral resources at the site. The company is not required to conduct exploration on this license area. In February, Ongwe expanded the Omatjete project area by 42% through the acquisition of additional licenses.

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