West African hits 116 g/t Au at M5
Scarborough , Australia (FSCwire) - Gold developer West African Resources Limited
(ASX, TSXV: WAF) is pleased to report further high-grade drilling results from its Sanbrado Gold Project, Burkina Faso.
Managing Director Richard Hyde commented:
“Diamond drilling at M5 has extended high-grade mineralisation a further 70m down dip at M5 with TAN17-DD156A returning 8m at
17.5 g/t Au from 452m TAN17-DD156A including 1m at 116 g/t Au.
“This result is located 70m down-dip of TAN17-DD102 which returned 26m at 12.7 g/t Au. Mineralisation is open at depth and along
strike.
“Visible gold has also been intercepted in deep drilling in TAN17-DD-162 at 585m downhole, indicating the high-grade M1
South system remains fertile and open at depth.
“The Company remains on track to deliver a resource update in Q3 2017, and is-funded to complete all work programs.”
Highlights
- High-grade results from M5;
- 8m at 17.5 g/t Au from 452m including 1m at 116 g/t Au and 1m at 17.4 g/t Au
- 21m at 2.30 g/t Au from 514m including 2m at 4.6 g/t Au
- Visible gold intercepted in deep drilling at M1 South
- Three drill rigs currently on-site double shifting, infilling and extending mineralisation
- Ground geophysical survey completed – results pending
- Resource update on track for Q3 2017 and updated Feasibility Study in mid-2018
- Funded to complete all work programs with $28.5m cash at bank
Click here for the full
ASX announcement
Source: West African Resources Ltd (TSX Venture:WAF)
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