Diamond core confirms RC oxide results at M1 North: 12m at 2.62g/t Au from 23m and 12m at 2.36g/t Au from 21m
07.06.2016 | FSCwire
Perth, Australia - Gold developer West African Resources Limited (ASX, TSXV: WAF) is pleased to report diamond core twin holes confirm RC results from the M1 prospect, at its 100%-owned Tanlouka Gold Project, Burkina Faso.Highlights
- Diamond drilling returns 12m at 2.62g/t Au from 23m and 12m at 2.36g/t Au from 21m
- Diamond core twin holes carried out to verify RC sampling and provide bulk density samples for upcoming resource estimation studies at M1
- Drilling in progress at M1 South targeting deeper mineralisation at 100m vertical
- Feasibility study commenced – funded by $12.5m oversubscribed institutional capital raising
Managing Director Richard Hyde commented:
“Diamond core holes drilled to verify RC results and provide bulk density data for upcoming resource estimation studies has confirmed grade and tenor of M1 North oxide mineralisation.
“Diamond core hole TAN16-DD038 returned 12m at 2.62g/t Au from 23m, including 1m at 17.62g/t Au and was drilled next to RC hole TAN16-RC094 which returned 9m at 2.24g/t Au from 25m.“
“New results confirm continuity of high grade open-pitable gold mineralisation at the M1 North prospect. Deeper drilling is currently in progress at M1 South, with one RC rig and two diamond rigs working.”
Click here to view the full ASX announcement
www.westafricanresources.com