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West African Resources Ltd.
Summary
| Project: | Tanlouka | |
|---|---|---|
| Deposit: | M1 South | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 6/16/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 16-6-2016: West African Resources Ltd. announces an Exploration/Drilling Update report for its M1 South deposit at the Tanlouka project. Drilling results incl. 22m @ 2.98g/t Au from 47m. Gold developer West African Resources Limited (ASX, TSXV: WAF) is pl | |
| 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: “Extensive visible gold has been intercepted in diamond core drilling at 175m in TAN16-DD045, which is the deepest hole to date at M1 South. “Strong results have also been returned in shallow resource drilling with TAN16-RC160 returning 22m at 2.98g/t Au from 47m. “Drilling is currently focussing on open-pitable mineralisation at M1 South and North ahead of a maiden resource at M1 in Q3 2016.” Diamond drilling at M1 South has successfully intercepted visible gold mineralisation in holes TAN16- DD043 and TAN16-DD045 (results pending). Intercepts are on consecutive sections SE375 and SE400, and indicate high-grade shoots have a steep northwest plunge. Mineralisation exhibits strong shearing and silica-sericite-albite alteration. Much of the gold at M1 south is in free form, but also associated with pyrite and pyrrhotite sulphides. The intercept in TAN16-DD043 is 20m down dip of TAN16-DD033 which returned 4m at 86.96g/t Au, while the intercept in TAN16-DD045 is 40m down dip of TAN16-RC124 which returned 7m at 13.57g/t Au. Results for TAN16-DD043 and TAN16-DD045, which finished at 151m and 224m respectively, are expected in the next two weeks as holes are currently being logged in detail by WAF geologists, ahead of sampling and assaying. | |
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