West African Resources Limited hits 41m at 2.2 g/t Au including 8m at 5.7 g/t Au at M5
28.07.2016 | 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
- Strong results in M5 resource definition RC drilling 41m at 2.2 g/t Au including 8m at 5.7 g/t Au
- Step-out drilling at M1 North intercepts 8m at 2.71 g/t Au
- New results not included in Q3 resource estimate, further resource update planned Q4
- Feasibility study commenced – funded by $12.5m oversubscribed institutional capital raising
Managing Director Richard Hyde commented:
“Step-out drilling at M1 North has intercepted mineralisation 50m north of the current resource area, returning 8m at 2.71 g/t Au.
“Strong results have also been returned from resource definition drilling at M5 including 41m at 2.2 g/t Au including 8m at 5.7 g/t Au.
“Drilling is currently focussing on open-pitable mineralisation at M1 and M5. Resource estimation studies for M1, M3 and M5 are in progress and will be release later in Q3 2016. A further resource update incorporating new results will be completed in Q4 2016.”
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www.westafricanresources.com