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West African Resources Ltd.

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Summary

Project:

Sanbrado

Deposit:M1 South
Location:Burkina Faso
Commodities:Gold
Date:7/16/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Mine Development
Report details:16-7-2018: West African Resources Ltd. announces an Exploration/Drilling Update report for its M1 South deposit at the Sanbrado project. Drilling results incl. 0.5m @ 520.0g/t Au from 578m. 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 drilling results from its Sanbrado Gold Project, Burkina Faso. Managing Director Richard Hyde commented: “M1 South continues to show excellent continuity of high grade gold at depth with drilling returning 0.5m at 520 g/t Au and 23m at 7.3 g/t Au more than 70m beneath existing reserves. “Infill drilling has commenced which is expected to extend the current mine life well past 5 years. “The Company will release an updated resource estimate for M1 South and a Scoping Study investigating M5 underground potential by the end of Q3 2018.” Step out and down drilling in TAN18-DD214A has returned significant results including 0.5m at 520 g/t Au from 578m and 23m at 7.3 g/t Au from 617m including 3.5m at 20.2 g/t Au, 4m at 24.4 g/t Au and 1.5m at 21.5 g/t Au. TAN18-DD217A also returned 6.5m at 6.8 g/t Au from 603.5m including 0.5m at 35.7 g/t Au. A further hole TAN18-DD216 has been completed 25m southeast of TAN18-DD196, assays are pending. All four step down holes across 100m strike have returned significant assays. From southeast to northwest significant results beneath existing reserves include:

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