Adolf Kaure

Ongwe Minerals secures additional licenses, significantly increases its Omatjete project area and identifies a prospective parallel fault zone. 

Ongwe Minerals Inc has announced in a press statement released last week that it has increased the size of its Omatjete project by up to 42% by acquiring a 90% stake in the adjacent EPL7400 licence (36 600ha) and submitting an additional application for the EPL11268 licence (8 200ha). 

Ongwe Minerals has three flagship projects in Namibia and a dominant land position in the emerging and highly prospective Northwest Damara Belt. 

This is made up of the Khorixas Project (154 000ha), which includes the Belmont Prospect, an orogenic gold system with a surface footprint of 12km x 6km and numerous high grade visible gold rock chips at surface. 

Another project is the Omatjete Project (151 800ha). 

It contains the Manga Prospect, an orogenic gold system 30km along strike from the recently discovered Kokoseb gold deposit (WIA Gold, 2.9Moz), with a surface footprint of 4.5 x 1km. 

The third is the Outjo Project (46 000 ha). This project lies along strike from Osino’s Eureka Gold Discovery and is in a geological setting similar to that of the Eureka Discovery. 

“Since the initial discovery of the Manga Gold Prospect, we have been working hard behind the scenes to expand the licence package and cover the full extent of the highly prospective Okondeka Fault Zone. We are happy to report that this has now been achieved, and we look forward to further exploring this fundamental, long-lived structure to the east. The gold mineralisation in the Damara Belt is all controlled by long-lived, deep-seated structures which act as conduits for hydrothermal fluids,” said Ongwe’s CEO, David Underwood. 

“The Ongwe technical team has accumulated significant expertise and methodology for identifying these controlling faults, together with the splays, relays and jogs which focus the fluids. A recent in-house re-analysis of the Omatjete structures has identified a prospective relay system and the parallel Okakongo Fault Zone within the expanded licence package. This now gives us a second, 25km long, significant fault system to explore,” he said. 

Ongwe now controls 50km of strike on the Okondeka Fault Zone (OFZ), which hosts the Kokoseb deposit (WIA Gold) and the newly discovered Manga Gold Prospect. 

New structural interpretation reveals prospective transfer structures and the parallel Okakongo Fault Zone in the new licence area. 

-akaure@nepc.com.na