THE DRILL SERGEANT: West African Resources (ASX: WAF) has received further encouraging high-grade gold results from continuing oxide resource definition drilling at the company’s s Mankarga 5 deposit in Burkina Faso.
The results of resource definition drilling are from the first of a series of 50 metre spaced drill lines.
Latest results from the ongoing drilling program include:
13 metres at 1.16 grams per tonne gold from surface and 6m at 1.17g/t gold from 18m and 9m at 1.51g/t gold from 29m;
8m at 13.41g/t gold from 6m including 5m at 21.04g/t gold and 7m at 0.58g/t gold from 20m and 10m at 2.04g/t gold from 32m including 4m at 3.13g/t gold;
2m at 1.4g/t gold from 24m and 9m at 2.77g/t gold from 30m, including 4m at 3.13g/t gold and 8m at 1.55g/t gold from 42m;
8m at 1.33g/t gold from 12m and 12m at 1.67g/t gold from 24m;
17m at 1.65g/t gold from 13m, including 3m at 4.83g/t gold;
17m at 2.03g/t gold from 8m, including 4m at 4.96g/t gold; and
11m at 2.21g/t gold from 32m, including 1m at 17.54g/t gold.
The results follow others released by the company last week.
Mankarga summary plan. Source: Company announcement
WAF said these new results from shallow RC drilling on 50m spaced sections will improve the grade, geological continuity and resource category in upcoming resource estimation studies due for the December quarter this year.
“We are encouraged by the strengthening Merger and Aacquisition activity, bringing attention back to active explorers and low-cost developers in the West African region,” West African Resources Managing Director said in the company’s announcement to the Australian Securities Exchange.
“We look forward to reporting our scoping study results for a low cost heap leach starter project before the end of June, and reporting results from our drilling programs as results are received.”