West African Resources Limited 2m at 28.17 gpt Au and 1m at 16.82 gpt Au from 56m
16.09.2014 | 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 sulphide diamond drilling at its Mankarga 5 deposit, Burkina Faso.Managing Director Richard Hyde commented:
"A new high grade gold zone has been located in the hanging-wall of the main zone at Mankarga 5. This zone will significantly improve the grade of mineralisation in the upcoming resource update. Column test work is also progressing well and we look forward to reporting further results in the near future."
Diamond drilling at the Mankarga 5 deposit has again demonstrated excellent grade continuity beneath the proposed heap leach starter pit (Figures 1 and 2). Resource definition drilling will improve grade and category in the resource update planned for the December quarter. Results from the ongoing diamond drilling program targeting primary mineralisation include:
TAN14-DD021: 2m at 28.17 g/t Au from 56m and;
TAN14-DD021: 11m at 3.30 g/t Au from 80m including;
- 3m at 4.27 g/t Au and 1m at 16.82 g/t Au from 86m
High-grade mineralisation in TAN14-DD021 on section SW650 is down dip of 8m at 13.41g/t Au from 6m in TAC0214, and immediately adjacent to 2m at 15.55g/t Au from 56m in TAN11-RC71. High-grade gold mineralisation on SW650 is open at depth with TAN14-DD022 still in progress at a depth of 302.5m, down dip of TAN11-RC-56 which returned 16m at 5.23g/t Au including 4m at 18.4g/t Au.
Despite the current wet season, diamond drilling targeting higher grades at depth mineralisation is continuing. An updated cross-section of SW0650 and a summary plan showing results from recent drilling is shown below in Figures 1 and 2, with results presented in Tables 1 and 2 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. In July, the Company delivered positive results from a Scoping Study which demonstrated a low capital cost, high margin, 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 tables and diagrams, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-WAF-691314.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.
Richard Hyde, Managing Director
Ph: 08 94817344
Nathan Ryan, Investor Relations
Ph: 0420 582 887
Email: info@westafricanresources.com