West African hits 9m at 94 g/t Au 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: 9m at 93.55 g/t Au from 183m, 11m at 7.43 g/t Au from 279m and 7m at 6.92 g/t Au from 293m ended in mineralisation

• 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 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 11m at 7.43 g/t Au from 279m and 7m at 6.92 g/t Au from 293m ended in mineralisation in TAN16-DD077A. This hole has been extended to 400m, assays are pending.

“TAN16-DD086 has confirmed high grade tenor of the southernmost high grade shoot returning 9m at 93.55 g/t Au from 183m, including 2m at 282.61 g/t Au up dip of TAN16-DD055 which returned 16m at 69.11g/t Au from 209m.

“Resource estimation studies are currently in progress and will incorporate these new results.”

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