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West African Resources Ltd.
Summary
| Project: | Sanbrado | |
|---|---|---|
| Deposit: | M5 | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 3/22/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-3-2017: West African Resources Ltd. announces an Exploration/Drilling Update report for its M5 deposit at the Sanbrado project. Drilling results incl. 29m @ 4.96g/t Au from 128m. Gold developer West African Resources Limited (ASX, TSXV: WAF) is pleased | |
| 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 high-grade diamond drilling results from the M5 prospect, at its 100%-owned Sanbrado Gold Project, Burkina Faso. Managing Director Richard Hyde commented: “The WAF field team is busy on site with four rigs drilling high priority targets at M1 and M5. Drilling programs are designed to extend mineralisation at depth and upgrade resources from Inferred to Indicated category. Results are to be included in the optimised feasibility study in Q3 2017. “Deep drilling testing the south-western end of M5 has returned thick zones of higher grade gold mineralisation beneath the existing reserve pit shells. “Solid diamond drilling results have also been returned beneath shallow RC drilling in the north-eastern end of the M5 deposit. Mineralisation is open at depth and, given the improved grades, warrants followup drilling. “Gold extensions in both areas will have a positive impact on the resource and reserve update scheduled for Q3 2017.” Recent drilling programs have been designed to test higher grade mineralisation at the southwestern end of the M5 deposit, close to the base and beneath current reserve pit shells (Figures 1 – 5). Consistent zones of gold mineralisation have been intercepted with results generally higher grade than the surrounding resource block grades. Mineralisation between sections SW800 and SW400 is hosted within laminated quartz veins which are typically higher grade. Results for TAN17-DD102 on section SW650 are pending and located 115m down dip of TAN14-DD022 which returned over 70m of gold mineralisation including 14m at 4.5 g/t Au, 15m at 3.1 g/t Au and 14m at 2.05 g/t Au from 240m (Figure 2). Logging of TAN17-DD102 indicates a similar mineralised zone of approximately 70m downhole, with visible gold in a number of zones. | |
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