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West African hits 14m at 39.33 g/t Au from 448.5m including 0.5m at 860 g/t Au at M1 South

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West African hits 14m at 39.33 g/t Au from 448.5m including 0.5m at 860 g/t Au at M1 South

 

 

 

 

 

Gold developer West African Resources Limited (TSX-V: WAF) (ASX:WAF) is pleased to report further high-grade drilling results from its Sanbrado Gold Project, Burkina Faso.

 

 

Highlights

 

 

  • High-grade results from depth at M1 South include;
    • TAN17-DD174A 14m at 39.33 g/t Au from 448.5m including 0.5m at 860 g/t Au
    • TAN17-DD179 1.5m at 194.47 g/t Au from 414.5m including 0.5m at 440 g/t Au
    • TAN17-DD179 13m at 5.26 g/t Au from 425.5m
    • TAN17-DD179 12.5m at 17.3 g/t Au from 464.5m including 0.5m at 151 g/t Au
    • TAN17-DD179-WD1 8.5m at 7.4 g/t Au from 403.5m
    • TAN17-DD179-WD1 6m at 25.95 g/t Au from 419.5m including 0.5m at 220 g/t Au
  • Current drilling targeting upgrade of Inferred resources at depth
  • Four drill rigs currently on-site double shifting, infilling and extending mineralisation
  • Funded to complete all work programs with approximately $21m cash at bank

 

 

Managing Director Richard Hyde commented:

“Diamond drilling intercepted a solid zone of high-grade mineralisation of 14m at 39.33 g/t Au from 448.5m including 0.5m at 860 g/t Au.

“Drilling also intercepted two high grade zones 1.5m at 194.47 g/t Au from 414.5m including 0.5m at 440 g/t Au and 12.5m at 17.3 g/t Au from 464.5m including 0.5m at 151 g/t Au.

“Both of these results will improve the grade and category of mineralisation at M1 South.

“The Company will release an updated Feasibility Study incorporating open pit and underground mine schedules in mid-2018.”

 

 

 

M1 South Drilling Program

 

 

 

Drilling at M1 South is currently targeting infill of Inferred Resources 350-500m below surface on at least 25m x 25m pattern.  The primary aim of this drilling program is to upgrade Inferred material to Indicated category which will be included in the underground mine schedule to be incorporated in the Feasibility Study due for completion in mid-2018.  This drilling program is providing essential structural information and needs to be completed before extensional drilling recommences at +500m below surface.

 

 

 

Recent drilling has demonstrated excellent continuity of high grade gold mineralisation in areas of previously sparsely drilled Inferred Resources.  TAN17-DD174A intercepted 14m at 39.33 g/t Au from 448.5m including 0.5m at 860 g/t Au, while intercepted TAN17-DD179 1.5m at 194.47 g/t Au from 414.5m including 0.5m at 440 g/t Au and 12.5m at 17.3 g/t Au from 464.5m including 0.5m at 151 g/t Au.     Given the grade and tenor of recent results, it is expected that Inferred Resources will be upgraded in terms of both category and grade.

 

 

 

Individual results through mineralisation in TAN17-DDDD174A is presented below in Tables 1.  A summary long-section through the M1 South is presented as Figure 1, along with a location plan as Figure 2.  Visible gold in TAN17-DD174A is also presented as Photos 1-3 below.

 

 

 

Table 1: TAN17-DD174A
14m at 39.33 g/t Au from 448.5m including 0.5m at 860 g/t Au
Hole ID From To Au g/t
TAN17-DD174A 447.5 448 0.02
TAN17-DD174A 448 448.5 0.08
TAN17-DD174A 448.5 449 17.9
TAN17-DD174A 449 449.5 17.9
TAN17-DD174A 449.5 450 39.8
TAN17-DD174A 450 450.5 6.61
TAN17-DD174A 450.5 451 8.06
TAN17-DD174A 451 451.5 2.58
TAN17-DD174A 451.5 452 4.97
TAN17-DD174A 452 452.5 9.07
TAN17-DD174A 452.5 453 5.31
TAN17-DD174A 453 453.5 0.94
TAN17-DD174A 453.5 454 0.08
TAN17-DD174A 454 454.5 0.21
TAN17-DD174A 454.5 455 1.11
TAN17-DD174A 455 455.5 4.69
TAN17-DD174A 455.5 456 1.37
TAN17-DD174A 456 456.5 18.0
TAN17-DD174A 456.5 457 0.55
TAN17-DD174A 457 457.5 5.38
TAN17-DD174A 457.5 458 8.65
TAN17-DD174A 458 458.5 57.7
TAN17-DD174A 458.5 459 19.8
TAN17-DD174A 459 459.5 1.32
TAN17-DD174A 459.5 460 1.46
TAN17-DD174A 460 460.5 1.34
TAN17-DD174A 460.5 461 2.13
TAN17-DD174A 461 461.5 2.15
TAN17-DD174A 461.5 462 2.25
TAN17-DD174A 462 462.5 860
TAN17-DD174A 462.5 463 0.55
TAN17-DD174A 463 463.5 0.63
TAN17-DD174A 463.5 464 0.41
TAN17-DD174A 464 464.5 0.61

 To view the associated document to this release, please click on the following link:
public://news_release_pdf/westafrican02052018a.pdf

 

 

Posted February 5, 2018

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