Gold developer West African Resources Limited (ASX, TSXV: WAF) is pleased to report high-grade Diamond drilling results from the M5 prospect, at its 100%-owned Sanbrado Gold Project, Burkina Faso.
Highlights
- High-grade results from depth at the south-western end of M5;
� 42m at 3.89 g/t Au including 2m at 27.47 g/t Au and 14m at 5.41 g/t Au from 176m
� 77m at 5.30 g/t Au including 27m at 12.26 g/t Au and 30m at 2.4 g/t Au from 352m
- Diamond drilling at M1 intercepts multiple zones of visible gold � assays pending (see photos);
- New results to be included in resource & reserve update in Q3 2017
- Optimised feasibility study including open-pit and underground mining on track for Q3 2017
- Two contractor rigs currently drilling at M1 South, two company-owned rigs operating at M5
- Two additional contractor rigs secured � mobilising to site
- Well-funded to complete all work programs
Managing Director Richard Hyde commented:
�TAN17-DD102 has returned a spectacular result of 27m at 12.3 g/t Au, within a larger zone of 77m grading 5.3 g/t Au, which confirms the underground potential of the extensive 2.5km M5 gold system.
�Deep drilling at the south-western end of M5 continues to return thick zones of higher grade gold mineralisation beneath the existing reserve pit shells.
�Two additional contract rigs have been secured and are being mobilised to site to accelerate the drilling programs at M1 and M5.
�Results will be included in the optimised feasibility study in Q3 2017.�
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