West African Resources Limited oxide drilling 22m at 1.87 g/t Au from 3m
06.08.2014 | ABN Newswire
Perth, Australia (ABN Newswire) - Gold developer West African Resources Ltd. (ASX:WAF) (CVE:WAF) is pleased to announce further highgrade gold results from oxide resource definition drilling at its Mankarga 5 deposit, Burkina Faso.The results are from the north-eastern sections of the Mankarga deposit which has been infill drilled on 50m spaced drill lines. These drill results will improve grade and category in the resource update planned for the December quarter. Results from the ongoing program include:
- TAC0310: 10m at 1.33 g/t Au from 20m
- TAC0315: 2m at 9.05 g/t Au from 50m
ending in mineralization
- TAC0317: 7m at 1.98 g/t Au from 30m
- TAC0319: 9m at 1.22 g/t Au from 5m
- TAC0334: 10m at 1.78 g/t Au from 35m
- TAC0335: 5m at 3.21 g/t Au from 15m
- TAC0345: 12m at 1.28 g/t Au from 10m
- TAC0348: 22m at 1.87 g/t Au from 3m
including 8m at 2.46g/t Au
- TAC0398: 8m at 1.77 g/t Au from 16m
An updated cross-section of NE850 and summary plan showing results from recent drilling as well as is shown below in Figures 1 and 2, with results presented in Tables 2 and 3 in link below.
In February, West African acquired a second-hand 1.6Mtpa heap leach plant as part of its plan to fasttrack development of Mankarga 5. Last week the Company delivered the results of a Scoping Study which demonstrated a low capital cost and high margin robust heap leach starter project (ASX,TSXV: 29/7/14).
The Company is focussed on near-term production with its immediate attention on the Mankarga 5 deposit and existing nearby gold prospects. The Company aims to be a +50,000oz per annum gold producer by the end of 2015 via a low-cost heap leach starter project.
To view all diagrams and tables, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-WAF-686988.pdf
About West African Resources Limited:
West African Resources Ltd. (ASX:WAF) (CVE:WAF) is a gold-copper exploration company dedicated to creating shareholder value through the acquisition, exploration and development of resource projects in Burkina Faso, West Africa.
West African has a landholding of 6,370sq km and 200km of strike length of early Proterozoic Birimian greenstone belts, which are highly prospective for gold mineralisation.
Contact:
West African Resources Ltd.
Nathan Ryan, Investor Relations
T: +61-420-582-887
E: info@westafricanresources.com
www.westafricanresources.com