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Exploration|Gold|PROJECT|Services
Exploration|Gold|PROJECT|Services
exploration|gold|project|services

Wia to sell noncore Côte d’Ivoire gold permits to focus on Namibia project

Exploration drilling at the Kokoseb project in Namibia

Photo by Wia Gold

26th November 2025

By: Creamer Media Reporter

     

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ASX-listed Wia Gold has entered into a binding share sale agreement with fellow ASX-listed company Santa Fe Minerals to divest its interest in all of its noncore gold exploration permits in Côte d’Ivoire.

Under the terms of the agreement, Wia will sell 100% of the issued capital in its wholly owned subsidiary Glomin Services to Santa Fe for 20-million shares in Santa Fe and eight-million performance rights that convert to ordinary fully paid shares upon
achievement of certain milestones.

Glomin holds an 80% interest in the Dialakoro, Mankono, Ouest and issia permits that are under renewal, as well as seven other permits that are under application in Côte d’Ivoire.

Santa Fe holds prospective tenure in central Côte d’Ivoire where its flagship Satama gold project has shown encouraging drill results along a 2 km strike length. Santa Fe also holds 65% of the prospective Bouake North application in the country.

“We are delighted to have reached an agreement with Santa Fe for the divestment of Wia’s exploration permits in Côte d’Ivoire. This divestment is a strategic step that allows Wia to focus on the rapid exploration and development of the Kokoseb gold project, in Namibia, while retaining exposure to future upside in Côte d’Ivoire through an ongoing shareholding in Santa Fe.

"This acquisition compliments Santa Fe’s existing portfolio of assets in Côte d’Ivoire and we look forward to sharing in their future exploration success,” says Wia chairperson Josef El-Raghy.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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