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West African Resources Ltd.
Summary
| Project: | Sanbrado | |
|---|---|---|
| Deposit: | M5 | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 6/20/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 20-6-2019: West African Resources Ltd. announces an Exploration/Drilling Update report for its M5 deposit at the Sanbrado project. Drilling results incl. 29m @ 13.2g/t Au from 0m. Gold developer West African Resources Limited (ASX: WAF) is pleased to repo | |
| Resources: | (Reserve, Prob.): 21.6Mt @ 2.4g/t Au for 1.653Moz Au contained | |
| CP/QP: | [Overall Report]: Richard Hyde (Internal) | |
| ABSTRACT: | Gold developer West African Resources Limited (ASX: WAF) is pleased to report final assay results from the maiden grade control (GC) reverse circulation (RC) drilling program from its M5 deposit at the Sanbrado Gold Project in Burkina Faso. GC holes drilled to date at M5 have targeted early production tonnes from near surface mineralisation within the M5 stage 1 oxide open pit. The maiden GC drilling program has recently been completed at the M5 deposit, ahead of the start if mining of the stage 1 open pit in Q1 2020. Drilling was aimed at upgrading the confidence level in both the interpretation as well as gold grade estimation in the upper 20m of the deposit. This program covers the first 6 months of scheduled open pit ore from M5. Drilling was completed on a nominal 12.5m by 12.5m pattern over the stage 1 pit area, with two areas of tighter spaced 12.5m by 6.25m spaced drilling to test the independently prepared April 2019 Mineral Resource Estimate (MRE) (see Figure 1). The GC program has confirmed the width of gold ore zones, generally 30m to more than 50m wide, within the M5 starter pit. The majority of cross-sections reported below and last week (ASX: 11/6/2019) have returned significant zones of thick high-grade oxide gold results from surface at M5. | |
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