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West African Resources Ltd.

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Summary

Project:

Sanbrado

Deposit:M1 South
Location:Burkina Faso
Commodities:Gold
Date:1/11/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:11-1-2018: West African Resources Ltd. announces an Exploration/Drilling Update report for its M1 South deposit at the Sanbrado project. Drilling results incl. 10m @ 54.2g/t Au from 499m. Gold developer West African Resources Limited (ASX, TSXV: WAF) is p
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. Drilling at M1 South is currently targeting infill of Inferred Resources 350-500m below surface on at least 25m x 25m pattern. The primary aim of this drilling program is to upgrade Inferred material to Indicated category which will be included in the underground mine schedule to be incorporated in the Feasibility Study due for completion in mid-2018. This drilling program is providing essential structural information and needs to be completed before extensional drilling recommences at +500m below surface. Recent drilling has demonstrated excellent continuity of high grade gold mineralisation in areas of previously sparsely drilled Inferred Resources. Wedge hole TAN17-DD169-WD1 returned a spectacular result of 3.5m at 30.46 g/t Au from 469m including at 0.5m 198 g/t Au and 10m at 54.2 g/t Au from 499m including 2m at 247 g/t Au, while the parent hole TAN17-DD169 returned a solid intercept of 5m at 10.42 g/t Au from 486m including 1m at 44 g/t Au and 16.5m at 15.68 g/t Au from 511m including 0.5 at 154 g/t Au. Given the grade and tenor of recent results, it is expected that Inferred Resources will be upgraded in terms of both category and grade.

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