West African Resources reports high-grade gold results at Sanbrado Project

22 March 2017 (Last Updated March 22nd, 2017 18:30)

Gold developer West African Resources (WAF) has reported high-grade diamond drilling results from the M5 prospect at its 100%-owned Sanbrado Gold Project in Burkina Faso.

Gold developer West African Resources (WAF) has reported high-grade diamond drilling results from the M5 prospect at its 100%-owned Sanbrado Gold Project in Burkina Faso.

High-grade results from depth at south-western end of M5 include 29m at 4.96g/t Au from 128m, including 9m at 10.6g/t Au. In addition, results also comprise 15m at 5.03g/t Au from 256m, including 2m at 27.3 g/t Au, as well as 20m at 3.34g/t Au from 170m, including 1m at 14.3g/t Au and 2m at 16.5g/t.

Diamond drilling at the north-eastern end of M5 yielded better than expected results of 30m at 2.6g/t Au from 94m, including 1m at 16.1g/t Au and 2m at 10.3g/t Au.

West African Resources managing director Richard Hyde said: "Drilling programmes 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.

"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 follow-up drilling.

"Gold extensions in both areas will have a positive impact on the resource and reserve update scheduled for Q3 2017.”

Recent drilling campaigns at M5 prospect were devised to assess higher grade mineralisation at the south-west end of the M5 deposit, close to the base and next to the current reserve pit shells.

The drilling programme consistently intercepted gold mineralisation zones, which are generally higher grade than the adjacent resource block grades. At M1 prospect, two contract drill rigs are working at M1 south.

Drilling has been suspended in the last two months at M1 South, while open-pit feasibility study was finalised and a geological review of drilling was undertaken towards the end of last year.

Currently, the drilling programme is targeting highest grades at the southern end of the M1 South deposit as indicated in the 2016 results.

As M1 South drilling has been prioritised for the remaining mining season, the company intends to seek additional contract rigs to follow-up drilling at M5.