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West African Resources Ltd.
Summary
| Project: | Tanlouka | |
|---|---|---|
| Deposit: | M1, M5 | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 7/28/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 28-7-2016: West African Resources Ltd. announces an Exploration/Drilling Update report for its M1, M5 deposit at the Tanlouka project. Drilling results incl. 41m @ 2.2g/t Au from 84m at M5. Gold developer West African Resources Limited (ASX, TSXV: WAF) is | |
| 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: “Step-out drilling at M1 North has intercepted mineralisation 50m north of the current resource area, returning 8m at 2.71 g/t Au. “Strong results have also been returned from resource definition drilling at M5 including 41m at 2.2 g/t Au including 8m at 5.7 g/t Au. “Drilling is currently focussing on open-pitable mineralisation at M1 and M5. Resource estimation studies for M1, M3 and M5 are in progress and will be release later in Q3 2016. A further resource update incorporating new results will be completed in Q4 2016.” Resource definition RC drilling underway at M5. A drill program of 3,000m is being completed to upgrade mineralisation from Inferred to Indicated category for inclusion in CIL open-pit mining studies in Q3/Q4 2016. Previous drilling by WAF at M5 in 2014-15 had focussed on the predominantly oxide mineralisation. None of these results have been included in the current resource estimation studies planned for release in Q3 2016, and will be included in a Q4 resource update 2016. | |
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