West African Resources Ltd hits visible gold at 175m, confirms depth potential at M1 South
15.06.2016 | FSCwire
Perth, Australia - 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:
- Visible gold intercepted in TAN16-DD043 and TAN16-DD045 at M1 South
- Strong results in shallow RC drilling including 22m at 2.98g/t Au from 47m at M1 South
- Feasibility study commenced – funded by $12.5m oversubscribed institutional capital raising
Managing Director Richard Hyde commented:
“Extensive visible gold has been intercepted in diamond core drilling at 175m in TAN16-DD045, which is the deepest hole to date at M1 South.
“Strong results have also been returned in shallow resource drilling with TAN16-RC160 returning 22m at 2.98g/t Au from 47m.
“Drilling is currently focussing on open-pitable mineralisation at M1 South and North ahead of a maiden resource at M1 in Q3 2016.”
Click here to view the full ASX announcement
www.westafricanresources.com