West African hits 5m at 30.28 g/t Au and 14m at 11.82 g/t Au from 216m at M1 South

Scarborough , Australia (FSCwire) - Gold developer West African Resources Limited (ASX, TSXV: WAF) is pleased to report further high-grade RC results from the M1 prospect, at its 100%-owned Tanlouka Gold Project, Burkina Faso.

Highlights

• Further high-grade results at M1 South; 5m at 30.28 g/t Au and 14m at 11.82 g/t Au from 216m

• Deepest results to date, outside current resource area, down dip of previous drilling

• New results to be included in resource update in Q4 2016

• Feasibility study on track for completion in Q4 2016, reporting Q1 2017

• $19.5m cash at bank and no debt

Managing Director Richard Hyde commented:

“Extensional drilling at M1 South has intercepted further high grade mineralisation beneath the current resource area, returning 5m at 30.28 g/t Au from 216m and 14m at 11.82 g/t Au from 216m in diamond hole TAN16-DD063.

“Diamond drilling continues to demonstrate continuity of very high grade mineralisation at M1 South.  An updated resource is on track for Q4 2016, in parallel with completion of feasibility studies for the open pit component of the project.”

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