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West African Resources Ltd.
Summary
| Project: | Tanlouka | |
|---|---|---|
| Deposit: | M1, M5 | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 9/14/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 14-9-2016: West African Resources Ltd. announces an Exploration/Drilling Update report for its M1, M5 deposit at the Tanlouka project. Drilling results incl. 10m @ 18.33g/t Au from 172m at M1 South. Gold developer West African Resources Limited (ASX, TSXV | |
| 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 RC results from the M1 prospect, at its 100%-owned Tanlouka Gold Project, Burkina Faso. Managing Director Richard Hyde commented: “Extensional drilling at M1 South has intercepted mineralisation beneath the current resource area, returning 10m at 18.33g/t Au from 172m including 1m at 165.14g/t Au. “A further zone 50m up hole also intercepted high grade mineralisation returning 4m at 32.04 g/t Au from 122m, including 1m at 82.08g/t Au. “Drilling is currently focusing on extending mineralisation to 300m below surface beneath the current M1 South resource. A further resource updated is expected in Q4, in parallel with completion of feasibility studies for the project.” Diamond drilling is in progress at M1 South with the aim of extending mineralisation beneath the current resource. Drilling is being completed using two multipurpose contract rigs operating double shift, in parallel with WAF’s two diamond rigs operating on a single shift basis. Drilling is being completed on a 25m by 50m grid along 350m strike. Drilling has been hampered recently by heavy rainfall and some mechanical issues, which have now been resolved. Step-out drilling to the northwest and closing the gap between M1 and M5, is expected to start in late October or early November when the wet season has abated and ground conditions and access have improved. S | |
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