West African Resources Limited West African Oxide Drilling 22m at 1.87 g/t Au from 3m
06 August 2014 - 12:02PM
Business Wire
Gold developer West African Resources Limited (ASX:WAF)
(TSX-V:WAF) is pleased to announce further highgrade gold results
from oxide resource definition drilling at its Mankarga 5 deposit,
Burkina Faso.
The results are from the north-eastern sections of the Mankarga
deposit which has been infill drilled on 50m spaced drill lines.
These drill results will improve grade and category in the resource
update planned for the December quarter. Results from the ongoing
program include:
- TAC0310: 10m at 1.33 g/t Au from 20m - TAC0315: 2m at 9.05
g/t Au from 50m ending in mineralization - TAC0317: 7m at 1.98 g/t
Au from 30m - TAC0319: 9m at 1.22 g/t Au from 5m - TAC0334: 10m at
1.78 g/t Au from 35m - TAC0335: 5m at 3.21 g/t Au from 15m -
TAC0345: 12m at 1.28 g/t Au from 10m - TAC0348: 22m at 1.87 g/t Au
from 3m including 8m at 2.46g/t Au - TAC0398: 8m at 1.77 g/t Au
from 16m
An updated cross-section of NE850 and summary plan showing
results from recent drilling as well as is shown below in Figures 1
and 2, with results presented in Tables 2 and 3 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. Last week the Company delivered the results of a
Scoping Study which demonstrated a low capital cost and high margin
robust 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 all diagrams and tables, please
visit:http://media.abnnewswire.net/media/en/docs/ASX-WAF-686988.pdf
About West African Resources Limited
West African Resources Limited (ASX:WAF) (TSX-V: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 Limited Nathan Ryan, Investor
Relations T: +61-420-582-887
E: info@westafricanresources.com
WWW: www.westafricanresources.com
West African Resources LimitedNathan Ryan,
+61-420-582-887Investor
Relationsinfo@westafricanresources.comwww.westafricanresources.com
West African Res (ASX:WAF)
Historical Stock Chart
From Oct 2024 to Nov 2024
West African Res (ASX:WAF)
Historical Stock Chart
From Nov 2023 to Nov 2024