Staff Writer
Ongwe Minerals Inc. has voluntarily filed a technical report for its Omatjete Gold Project, marking another step in advancing what the company now considers its flagship exploration asset.
The report was prepared in accordance with Canada’s Standards of Disclosure for Mineral Projects and outlines exploration work completed at the project.
Ongwe chief executive officer Dave Underwood said the Omatjete project has become the company’s primary focus following the identification of a large-scale, high-grade gold-in-soil anomaly known as the Nguni target.
He said Nguni is a greenfields discovery, with no previously known gold occurrences in the area, underscoring the exploration potential of Namibia’s Damara Belt.
The company plans to begin its maiden diamond drilling programme at the Nguni target in August 2026.
Ongwe Minerals is a Canadian-listed gold exploration company focused on discovering and advancing gold projects in Namibia.
The company’s leadership team has previously been involved in several major Namibian gold discoveries and developments, including the Twin Hills and Eureka deposits through OsinoResources, as well as the Otjikoto gold deposit, which is now in production.
The company is currently focused on the Omatjete and Khorixas gold projects, both located within the emerging northwestern Damara gold belt.
According to the company, the Omatjete Gold Project is located along the Okondeka Fault Zone, a regional geological structure that also hosts the Kokoseb gold deposit.
Exploration at Omatjete has identified two key prospects. The Manga Gold Prospect covers a gold-in-soil footprint measuring approximately 4.5 kilometres by one kilometre, with initial drilling confirming the presence of gold in bedrock.
The Nguni Gold Prospect has a five-kilometre-long gold-in-soil anomaly, with sampling returning values of up to 1.3 grams of gold per tonne. The mineralised zone remains open to the west, north and east, indicating potential for further expansion.
Ongwe said it has secured exploration rights covering about 50 kilometres of strike length along the prospective fault zone and continues regional sampling to identify additional gold targets.
The company’s Khorixas Gold Project is located about 60 kilometres west of Osino Resources’ Eureka gold project and hosts two large surface gold discoveries known as Belmont and K17.
The Belmont prospect has a surface gold footprint of approximately 12 kilometres by six kilometres and is situated between the regional Khorixas Fault and the Belmont Thrust Zone, both considered favourable geological structures for gold mineralisation.
