West African Resources releases Sartenga maiden Resource

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THE DRILL SERGEANT: West African Resources (ASX: WAF) has reported a maiden Inferred Mineral Resource estimate for the company’s 100 per cent-owned Sartenga copper-gold-molybdenum-silver deposit, which is part of the Boulsa project in Burkina Faso.

The maiden Inferred Mineral Resource estimate contains 174,000 tonnes of copper, 651,000 ounces of gold, 11,000 tonnes of molybdenum and 2.5 million ounces of silver.

West African is currently drilling at Sartenga with two company-owned diamond rigs targeting a major Mineral Resource upgrade in both tonnes and JORC category by year end.

The independently-calculated maiden Inferred Mineral Resource comprises 70 million tonnes at 0.2 per cent copper, 0.3 grams per tonne gold, 166 grams per tonne molybdenum and 1.1 grams per tonne silver.

West African indicated the Inferred Mineral Resource also includes 57million tonnes of transitional and primary material at 0.6 per cent copper equivalent for some 316,000 tonnes of copper equivalent metal.

 

Sartenga June 2013 Mineral Resource outline. Source: Company announcement

 

“Our initial resource estimate for Sartenga is a significant achievement coming 12 months after discovery,” West African Resources managing director Richard Hyde said in the company’s announcement to the Australian Securities Exchange.

“In the past two months we have already shown that the Sartenga primary material is amenable to low-energy, coarse grinding and conventional flotation recovery methods, and is located close to existing rail infrastructure.

“We are one of the few companies in West Africa that will be drilling throughout the wet season and we intend to deliver a significant resource upgrade in both contained tonnes and Mineral Resource category in December this year.

“Drilling is ongoing and is focussed on the higher grade mineralisation in the core of the deposit and targeting extensions at depth.

“We have also reported an initial Exploration Target of 170 million tonnes to 250 million tonnes at 0.5 per cent to 0.9 per cent copper equivalent for Sartenga, which reflects the potential size of the mineralisation system at Sartenga.”