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Transaction Announcement Reports
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Project: | Sanbrado | |
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Deposit: | M1 | |
Location: | Burkina Faso | |
Commodities: | Gold | |
Date: | 4/10/2017 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Feasibility Study | |
Report details: | 10-4-2017: West African Resources Ltd. announces an Exploration/Drilling Update report for its M1 deposit at the Sanbrado project. Drilling results incl. 9.5m @ 34.03g/t Au from 295.5m. Gold developer West African Resources Limited (ASX, TSXV: WAF) is ple | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Richard Hyde (Internal) | |
ABSTRACT: | Gold developer West African Resources Limited (ASX, TSXV: WAF) is pleased to report high-grade diamond drilling results from the M1 deposit, at its 100%-owned Sanbrado Gold Project, Burkina Faso. “Diamond drill holes TAN17-DD104 and TAN17-DD107 have returned high grade gold results of 4m at 54.46 g/t Au from 293m, and 3m at 105.41 g/t Au from 296.5m, respectively. These are the first results from the new drilling program at M1 South for 2017. “Results show good continuity of high grade gold mineralisation and confirm visible gold reported in logging in March. Further significant zones of visible gold have now been intercepted at 460m down hole, more than double the depth of the current reserve, confirming M1 as a fertile very high-grade gold system which remains open at depth. “Two additional contract rigs will arrive on site this week to accelerate the drilling program at M1 and follow-up the recent high grade results from M5. “Results will be included in the optimised feasibility study in Q3 2017.” During the week assays have been returned for holes TAN17-DD104 and TAN-DD107 with results confirming visible gold identified in core logging by WAF geologists. Both holes returned high grade results. Results have also been returned for TAN17-DD106, which deviated off section, however still returned significant mineralisation. Assays are pending for 3 holes (TAN17-DD109, 110A and 111) which have all intercepted visible gold (VG) and high grades are expected. | |
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