Business
Ongwe Minerals Reports Expansion of Manga Bedrock Anomaly, Increasing Grades and Width to the East, Omatjete Gold Project, Namibia
Highlights: Bedrock sampling at Manga indicates eastward continuation of mineralization under thick calcrete cover with the current defined mineralization
About this update from Ongwe Minerals Inc.
[{"type":"text","content":" Highlights: Bedrock sampling at Manga indicates eastward continuation of mineralization under thick calcrete cover with the current defined mineralization stretching over 2km. Mineralization widens and remains open towards the east, with increasing bedrock assay results underneath thick calcrete cover indicating potential to improve the overall size, quality and economic discovery potential of the Manga prospect. Bedrock sampling program extended in order to continue to trace the mineralization eastwards under calcrete cover. VANCOUVER, British Columbia, May 11, 2026 (GLOBE NEWSWIRE) -- Ongwe Minerals Inc. (TSXV: OGW) (“Ongwe” or “the Company”) is pleased to report on results from the Manga prospect bedrock drilling program currently ongoing at the Omatjete Gold Project, which is one of Ongwe’s three flagship Namibian gold Projects, namely Omatjete, Khorixas and the Outjo Gold Project. Fire assay results for bedrock samples from Manga have been received. The assay results received range from background to a highest value of 470ppb with 20 samples over 100ppb (see Figure 3). The mineralization increases in grade and width towards the east with line 13 (most eastern completed line) having mineralization over 80m in width greater than 200ppb. Bedrock drilling at the Manga gold prospect has now confirmed a well defined, 2km long, in-situ gold anomaly with the rig still active at the eastern extension of the Manga prospect (see Figure 2). Moreover, the bedrock sampling program has revealed that the highest grade soil anomaly does not directly correlate with the highest grade bedrock anomaly and that the in-situ mineralization increases eastward of the main soil anomaly. Dave Underwood, Ongwe’s CEO commented: \"The latest results from the Manga target confirm our expectation that the mineralization continues to the east under thick calcrete cover. The surface soil anomaly dissipates towards the east, however by using the well proven bedrock sampling technique we have been able to define a significant expansion of mineralization at the Manga prospect under cover. When the Manga surface discovery was first made in late 2024, a series of scout RC holes were drilled across the centre of the anomaly, which intercepted wide, low-grade mineralization. It is now clear that these holes were drilled more than 1km west of the start of higher-gr...