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West African Resources Ltd.
Summary
| Project: | Sanbrado | |
|---|---|---|
| Deposit: | M1 | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 10/12/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-10-2017: West African Resources Ltd. announces an Exploration/Drilling Update report for its M1 deposit at the Sanbrado project. Drilling results incl. 7.5m @ 15.2g/t Au from 565.5m. 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 further high-grade drilling results from its Sanbrado Gold Project, Burkina Faso. Deep drilling at M1 South has intercepted high grade mineralisation demonstrating the M1 South structure remains wide open at depth and along strike to the northwest (Figure 1). TAN17-DD162 on section SE400 is the deepest result to date taking mineralisation 450m below surface. TAN17-DD165 intercepted high-grade mineralisation as well 25m along strike to the northwest on section SE375. Drilling is ongoing, infilling and extending mineralisation, with two contract diamond rigs double shifting. The Company will deliver a resource update in the coming weeks, incorporating results from TAN17- DD162 and TAN17-DD165. The Company will accelerate drilling again with at least 6 drill rigs from early November, for the duration 2017-18 field season (Nov 17-July 18). Detail ground magnetics and IP surveys have been completed and data is currently being processed. Drill planning is currently underway and a further exploration and drilling update will be made in early November, once data from the geophysical surveys and a structural study have been reviewed. The Company expects to release an additional resource update in Q2 2018 ahead of completing and an updated Feasibility Study in mid-2018. | |
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