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West African Resources Ltd.

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Summary

Project:

Tanlouka

Deposit:M1 South, M5
Location:Burkina Faso
Commodities:Gold
Date:11/15/2016
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Feasibility Study
Report details:15-11-2016: West African Resources Ltd. announces an Exploration/Drilling Update report for its M1 South, M5 deposit at the Tanlouka project. Drilling results incl. 14m @ 11.28g/t Au from 216m. Gold developer West African Resources Limited (ASX, TSXV: WAF
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. “Extensional drilling at M1 South has intercepted further high grade mineralisation beneath the current resource area, returning 5m at 30.28 g/t Au from 216m and 14m at 11.82 g/t Au from 216m in diamond hole TAN16-DD063. “Diamond drilling continues to demonstrate continuity of very high grade mineralisation at M1 South. An updated resource is on track for Q4 2016, in parallel with completion of feasibility studies for the open pit component of 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 25m by 50m grid along 350m strike. High grade in TAN16-DD063 located southeast and down plunge of 16m at 69.1g/t Au including 2m at 315.3g/t Au from 209m in TAN16-DD055 (ASX/TSXV: 15/10/16). In July, the Company reported infill RC drilling aimed at improving the resource category at M5 (ASX/TSXV 28/7/16). This drilling was suspended due to heavy rains causing access issues with ground conditions. However, several of these holes were also stopped early due to water ingress. These holes are currently being extended with diamond tails using WAF’s two company-owned diamond rigs.

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