West African Resources hits 19m at 1.9g/t Au from 40m, including 3m at 5.7 g/t Au at M1 from shallow RC drilling
02.02.2016 | FSCwire
Perth, Australia (FSCwire) - Gold developer West African Resources Limited (ASX, TSXV: WAF) is pleased to report further high-grade RC results from the M1 prospect, at its 100%-owned Tanlouka Gold Project, Burkina Faso.Highlights
- RC drilling at M1 north delivers more high grade gold mineralisation
- Continuity of geology and mineralisation over 250m, within +1.5km mineralised trend
- Potential to add ounces to existing heap leach Probable Ore Reserve of 440,000oz gold
- Further resource definition drilling at M1 and M3 in progress through Q1 2016
- Updated resource estimate and completion of feasibility studies expected Q2 2016
Managing Director Richard Hyde commented:
“Gold mineralisation at M1 North has now been intercepted on consecutive drill-sections over 250m. Mineralisation is open along strike, at depth and will add important ounces to the heap leach starter project, which currently only includes resources from the M5 prospect.
“We are working on upgrading the new mineralisation from M1 and M3 to resource status. Subsequent inclusion in the project mine plan will improve the economics of the heap leach starter project.”
Click here to view the ASX announcement
http://email.launchpadcreative.com.au/t/r-l-vdkudhl-qyhlitldk-j/
www.westafricanresources.com
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