AUS
NZ
UK
CA
USA
IND
Ongwe Minerals Inc. (TSXV:OGW) has proactively submitted a National Instrument 43-101 technical report for its premier Omatjete Gold Project in Namibia. Dated June 30, 2026, the report details exploration activities on the Omatjete property, which includes the newly identified Nguni greenfields gold target. The company intends to commence its inaugural diamond drilling campaign at Nguni in August 2026, marking a crucial step toward defining the project's resource potential.
Key Highlights
- Ongwe Minerals Inc. (TSXV: OGW, NSX: ONG) has voluntarily filed an NI 43-101 technical report for the Omatjete Gold Project in Namibia.
- The report, effective May 31, 2026, was prepared by The MSA Group (Pty) Ltd., led by Michael J. Robertson.
- The Omatjete project features the Nguni gold target, a greenfields discovery with a 5-kilometre gold-in-soil anomaly showing values up to 1.3 g/t, open to the west, north, and east.
- Ongwe plans to start its maiden diamond drilling program at Nguni in August 2026 and is conducting regional sampling over 50 kilometres of strike length.
- The report is filed on SEDAR+ and was not submitted in relation to a material change or short-form prospectus.
Voluntary NI 43-101 Report Submission Advances Omatjete Exploration
Ongwe Minerals has announced the voluntary submission of a detailed technical report compliant with National Instrument 43-101, the Canadian mineral project disclosure standard. Titled "NI 43-101 Technical Report on the Omatjete Gold Project, Namibia," the document has an effective date of May 31, 2026, and a formal report date of June 30, 2026. It is publicly accessible via Ongwe's profile on SEDAR+ (www.sedarplus.ca), enabling investors and stakeholders to examine comprehensive technical data and exploration methodologies.
The report was prepared by The MSA Group (Pty) Ltd., a recognized mineral exploration consultancy. Michael J. Robertson, a Professional Scientist Naturalist registered in South Africa, authored the report. This voluntary filing underscores Ongwe's commitment to transparency and technical excellence, despite no regulatory requirement linked to a material change or prospectus. It reflects confidence in the quality and integrity of the exploration results at Omatjete.
Nguni Target: A Significant Greenfields Gold Discovery
The Omatjete Gold Project has become Ongwe's flagship asset following the identification of the Nguni gold target through regional sampling. Classified as a greenfields discovery, Nguni represents previously unexplored ground with no known historical gold occurrences. Such discoveries are valuable as they offer untested geological potential, particularly in underexplored regions.
The Nguni target features a gold-in-soil anomaly approximately 5 kilometres long, with values reaching 1.3 grams per tonne. The anomaly remains open to the west, north, and east, indicating the mineralized zone’s potential for expansion through ongoing sampling and geochemical analysis. Located about 17 kilometres from Ongwe's Manga gold discovery, Nguni highlights the prospectivity of the broader Omatjete property within Namibia's Damara Belt.
Strategic Location Along the Okondeka Fault Zone
Omatjete is situated along the Okondeka Fault Zone, a regional structure known to host multiple gold occurrences, including the Kokoseb deposit operated by WIA Gold. Ongwe controls roughly 50 kilometres of strike length along this fault, providing a substantial land position for regional exploration and target generation.
Initial exploration has revealed multiple mineralized prospects within Omatjete. The Manga Gold Prospect covers a 4.5-kilometre by 1-kilometre gold-in-soil footprint, with scout drilling confirming gold presence in bedrock. Regional sampling continues as the company seeks additional gold anomalies across its contiguous exploration area, progressing from discovery to focused drilling targets.
Maiden Diamond Drilling Program Set for August 2026
CEO Dave Underwood stated that Ongwe plans to launch its first diamond drilling campaign at the Nguni target in August 2026. This program marks a pivotal phase, moving from surface exploration to subsurface mineralization definition. The maiden drill program aims to test the lateral and vertical continuity of mineralization and to obtain oriented core samples for detailed geological and mineralogical study.
The drilling schedule aligns with the technical report’s completion, integrating its findings into exploration planning. Results from this program will provide critical insights into Nguni’s economic potential and are anticipated to attract significant market attention as the company advances toward resource estimation.
Omatjete Project Central to Ongwe’s Namibian Gold Strategy
Ongwe Minerals is a Canadian-listed exploration company focused on discovering and advancing gold systems in Namibia. Its technical team has extensive experience from previous Namibian projects, including work with Osino Resources, which was acquired by Shanjin International for CAD $368 million. The team has been involved in the Twin Hills and Eureka deposits and the Otjikoto deposit, sold to B2Gold for CAD $180 million.
Ongwe’s portfolio includes the Omatjete and Khorixas Gold Projects, both situated in the emerging Northwest Damara gold belt. This focus reflects confidence in the region’s underexplored potential, with the company leveraging regional expertise to identify and develop new gold mineralization zones.
Khorixas Project Advances with Upcoming Geophysical Survey
Alongside Omatjete, Ongwe is progressing the Khorixas Gold Project, located about 60 kilometres west of Osino's Eureka deposit near the northern Damara Orogenic Belt margin. Khorixas hosts two major surface discoveries: the Belmont and K17 prospects. Belmont covers roughly 12 by 6 kilometres between the Khorixas Fault and Belmont Thrust Zone, with eighteen drill-ready targets identified through calcrete and grab sampling.
The K17 prospect features copper-gold mineralization across a 12-kilometre area, interpreted as intrusion-related. Ongwe plans a geophysical program in the second half of 2026 to delineate subsurface mineralization geometry and develop drill targets. The diverse targets at Khorixas, combined with Omatjete’s discoveries, provide multiple exploration pathways across Ongwe’s Namibian assets.
Qualified Person Oversight Ensures Technical Compliance
Carl Joone, Ongwe Minerals’ President and Co-Founder, serves as the Qualified Person reviewing and approving the technical information in the release. Joone holds a Bachelor of Science with honours and is registered as a Professional Natural Scientist in South Africa (Pr. Sci. Nat. No. 172695), fulfilling NI 43-101 requirements.
The involvement of both Michael J. Robertson in report preparation and Carl Joone in disclosure review ensures adherence to Canadian regulatory standards, providing investors with confidence in the accuracy and reliability of the technical data.
Public Access to Technical Report Enhances Transparency
The complete NI 43-101 Technical Report is publicly available on SEDAR+ (www.sedarplus.ca) under Ongwe Minerals’ profile. This accessibility allows investors, analysts, and industry participants to examine the detailed exploration results, methodologies, and data supporting the company’s claims. The voluntary filing, independent of any material change or prospectus, demonstrates Ongwe’s dedication to transparency and investor confidence.
The report documents exploration status as of May 31, 2026, offering insights into the company’s geological data, target interpretations, and future work recommendations. Such disclosure aligns with best practices in mineral exploration governance within the Canadian regulatory framework.
Exploration Progress and Upcoming Catalysts
Ongwe’s technical report release and planned August 2026 drilling at Nguni indicate a clear progression toward resource definition. Transitioning from surface sampling to diamond drilling represents a significant escalation in project development and investment, likely to attract investor interest as drill results provide tangible evidence of mineralization.
Beyond the August drilling, market participants will monitor results from the planned geophysical survey at K17 in late 2026, ongoing regional sampling along the Okondeka Fault Zone at Omatjete, and updates on the Manga and Nguni prospects. These developments will be key indicators of Ongwe’s exploration momentum and potential for further discoveries or resource expansion.
