West African hits high-grade gold

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THE DRILL SERGEANT: West African Resources (ASX: WAF) has received results from an ongoing program of oxide resource definition drilling at the company’s Mankarga 5 deposit in Burkina Faso.

An additional contract reverse circulation (RC) rig has commenced work at the project, in support of the company’s own three rigs, which have been drilling since the resource update for Mankarga was announced in April.

West African (WAF) said the contract rig will focus on completing 50 metre spaced sections to improve resource category to enable detailed feasibility studies later this year.

 

Mankarga summary plan. Source: Company announcement

 

The three WAF rigs have been focussed on filling in gaps in the existing resource model as well as testing mineralisation at depth and twinning historic RC drill holes to confirm the integrity of historic drilling.

“We are focussed on initial production from oxide material at Mankarga 5 via a low-cost heap leach starter project.

“Scoping study results based on the existing resource will be reported by the end of June.

“New drilling results will be incorporated into a resource update later this year.

“We have set a goal of being a plus-50,000 ounces per annum gold producer within two years, subject to study outcomes.”
 
Oxide resource definition drilling on 100m sections has already returned results WAF is confident will improve grade and category of the resource model in future resource updates.

Results from the ongoing drilling program include:

TAC0153
30 metres at 2.48g/t gold from surface, including 2m at 6.83g/t gold and 2m at 18.55g/t gold;

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20m at 2.75g/t gold from 12m, including 8m at 3.45g/t gold;

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21m at 5.43g/t gold from surface, including 14m at 7.21g/t gold; and

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22m at 1.60g/t gold from 9m, including 4m at 3.68g/t gold.
 
WAF said the contract shallow RC (aircore) drilling has commenced on 50m spaced sections, which the company expects will improve the grade, geological continuity and resource category in future resource estimates.

Email: info@westafricanresources.com

Website: www.westafricanresources.com