Ongwe Minerals plans 5,000-meter diamond drill program at Nguni gold prospect in Namibia

Reuters2026/08/06 11:18

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Ongwe Minerals reported completion of a 50 meter by 50 meter soil-sampling grid at its newly discovered Nguni gold prospect in Namibia.
Results included 50 samples above 300 ppb gold, peaking at 1,310 ppb; the anomaly extends about 6 km above 50 ppb.
Nguni remains open to the north, east, west; farm access agreements for near-term extensions are near finalization.
A 5,000 meter maiden diamond drilling program is planned to start in August, using an initial single rig with potential ramp-up.
Ongwe also flagged pending assays from a short RC drill program at the Belmont prospect within its Khorixas Gold Project.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ongwe Minerals Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ongwe Minerals plans 5,000-meter diamond drill program at Nguni gold prospect in Namibia

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