| West African Resources Limited West African Oxide Drilling 22m at 1.87 g/t Au from 3m | |
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PERTH, Australia--(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:
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- TAC0310: 10m at 1.33 g/t Au from 20m
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- TAC0315: 2m at 9.05 g/t Au from 50m
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ending in mineralization
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- TAC0317: 7m at 1.98 g/t Au from 30m
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- TAC0319: 9m at 1.22 g/t Au from 5m
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- TAC0334: 10m at 1.78 g/t Au from 35m
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- TAC0335: 5m at 3.21 g/t Au from 15m
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- TAC0345: 12m at 1.28 g/t Au from 10m
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- TAC0348: 22m at 1.87 g/t Au from 3m
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including 8m at 2.46g/t Au
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- TAC0398: 8m at 1.77 g/t Au from 16m
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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.
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West African Resources Ltd.
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EXPLORATION STAGE |
CODE : WAF.AX |
ISIN : AU000000WAF6 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
West African Resources is a exploration company based in Australia. Its main exploration properties are MARANDET in Niger and BOULSA in Burkina Faso. West African Resources is listed in Australia. Its market capitalisation is AU$ 639.2 millions as of today (US$ 409.3 millions, € 384.5 millions). Its stock quote reached its lowest recent point on February 26, 2016 at AU$ 0.05, and its highest recent level on November 19, 2021 at AU$ 1.47. West African Resources has 484 249 984 shares outstanding. |