West African Resources reports high-grade gold at Burkina Faso project
ASX-listed unhedged gold mining company West African Resources has reported high-grade gold mineralisation from recent resource definition diamond drilling within the M1 South (M1S) Main Deeps Resource from its Sanbrado gold operation, in Burkina Faso.
“Recent resource definition drilling at the M1 South main zone has intercepted high-grade mineralisation including 36 m at 11.1 g/t gold and 11 m at 31.2 g/t gold,” chairperson Richard Hyde informs.
Diamond drilling continues to deliver wide zones of high-grade mineralisation beneath the current ore reserves at M1S underground.
This drilling campaign beneath the current M1S ore reserve is scheduled to be completed late this year and will be incorporated into the company’s updated mineral resource estimate and ore reserves to be released in the first quarter of 2025.
“Infill drilling at M1 South beneath current ore reserves continues to intercept high-grade gold mineralisation with results aligning exceptionally well with the current geological model.
“We look forward to including these strong drilling results into the upcoming mineral resource and ore reserve update and ten-year production outlook which is planned for release in [the first quarter of] 2025,” Hyde says.
He informs that the company is on track to produce 4.2-million ounces over the next decade, with yearly production set to peak at 494 000 oz of gold in 2030.
The company’s unhedged resources now stand at 12.8-million ounces.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation