Press Release
30th March 2017 West African confirms underground potential at M5 77m at 5.3 g/t Au including 27m at 12.3 g/t Au from 352mGold developer West African Resources Limited (ASX, TSXV: WAF) is pleased to report high-grade diamond drilling results from the M5 prospect, at its 100%-owned Sanbrado Gold Project, Burkina Faso.
Highlights-
High-grade results from depth at the south-western end of M5;
- 42m at 3.89 g/t Au including 2m at 27.47 g/t Au and 14m at 5.41 g/t Au from 176m
- 77m at 5.30 g/t Au including 27m at 12.26 g/t Au and 30m at 2.4 g/t Au from 352m
- Diamond drilling at M1 intercepts multiple zones of visible gold - assays pending (see photos);
- New results to be included in resource & reserve update in Q3 2017
- Optimised feasibility study including open-pit and underground mining on track for Q3 2017
- Two contractor rigs currently drilling at M1 South, two company-owned rigs operating at M5
- Two additional contractor rigs secured - mobilising to site
- Well-funded to complete all work programs
Managing Director Richard Hyde commented:
"TAN17-DD102 has returned a spectacular result of 27m at 12.3 g/t Au, within a larger zone of 77m grading 5.3 g/t Au, which confirms the underground potential of the extensive 2.5km M5 gold system.
"Deep drilling at the south-western end of M5 continues to return thick zones of higher grade gold mineralisation beneath the existing reserve pit shells.
"Two additional contract rigs have been secured and are being mobilised to site to accelerate the drilling programs at M1 and M5.
"Results will be included in the optimised feasibility study in Q3 2017."
M5 Resource and Extensional Drilling
Results for TAN17-DD102 on section SW650 have returned outstanding results including 27m at 12.26 g/t Au including 14m at 22.47 g/t Au and 30m at 2.39 g/t Au, within a larger zone of 77m at 5.30 g/t Au from 352m. This result is located more than 100m down dip of previous mineralisation on the section and confirms the underground potential for the extensive mineralised gold system at M5.
Principal Office: 14 Southbourne Street, Scarborough WA 6019, Western Australia
T: + 61 8 9481 7344 F: + 61 8 9481 7355 E: info@westafricanresources.com www.westafricanresources.com ACN: 121 539 375
TAN17-DD101 on section SW800 has returned strong results including 42m at 3.89 g/t Au from 176m, 50m beneath the existing $1200/oz reserve pit shell. Given the elevated grade exhibited in TAN17-DD101, and the recent higher grade reported (22/3/2017 ASX, TSXV) in TAN17-DD094 (SW750) and TAN17-DD097 (SW700) it is expected that updated resources will have a positive impact on M5 open pit reserves and will result in extending the open pit depth in the southern portion of the M5 deposit. Zones of gold mineralisation intercepted are generally higher grade than the surrounding resource block grades. Significant results from depth at the southwestern end of M5 include:
TAN17-DD101 42m at 3.89 g/t Au including 2m at 27.47 g/t Au and 14m at 5.41 g/t Au from 176m
TAN17-DD102 77m grading 5.3 g/t Au including 27m at 12.26 g/t Au and 14m at 22.47 g/t Au from 352m; and
TAN17-DD102 30m at 2.39 g/t Au from 399m
TAN17-DD103 3m at 4.28 g/t Au from 20m
Photo 1: TAN17-DD102 - Visible gold at 370.4m, section SW650 at M5 returned 196.9 g/t Au 1 cmFull results for the gold mineralisation in TAN17-DD102 are presented below Table 1.
Table 1: TAN17-DD102 Section SW650 M5 (End of Hole 477m) | |||||||||||
HoleID | From | To | Sample Id | Au g/t | Notes | HoleID | From | To | Sample Id | Au g/t | Notes |
TAN17-DD102 | 350 | 351 | 237049 | 0.06 | TAN17-DD102 | 397 | 398 | 237105 | 0.15 | ||
TAN17-DD102 | 351 | 352 | 237050 | 0.27 | TAN17-DD102 | 398 | 399 | 237106 | 0.27 | ||
TAN17-DD102 | 352 | 353 | 237051 | 0.77 | 27m at 12.26 g/t Au including 14m at 22.47 g/t Au | TAN17-DD102 | 399 | 400 | 237107 | 0.65 | 30m at 2.39 g/t Au |
TAN17-DD102 | 353 | 354 | 237052 | 1.49 | TAN17-DD102 | 400 | 401 | 237109 | 6.17 | ||
TAN17-DD102 | 354 | 355 | 237053 | 0.68 | TAN17-DD102 | 401 | 402 | 237110 | 0.09 | ||
TAN17-DD102 | 355 | 356 | 237054 | 0.10 | TAN17-DD102 | 402 | 403 | 237111 | 0.51 | ||
TAN17-DD102 | 356 | 357 | 237055 | 2.39 | TAN17-DD102 | 403 | 404 | 237112 | 0.06 | ||
TAN17-DD102 | 357 | 358 | 237057 | 1.21 | TAN17-DD102 | 404 | 405 | 237113 | 0.59 | ||
TAN17-DD102 | 358 | 359 | 237058 | 1.57 | TAN17-DD102 | 405 | 406 | 237114 | 0.40 | ||
TAN17-DD102 | 359 | 360 | 237059 | 0.93 | TAN17-DD102 | 406 | 407 | 237115 | 3.14 | ||
TAN17-DD102 | 360 | 361 | 237062 | 3.29 | TAN17-DD102 | 407 | 408 | 237116 | 0.27 | ||
TAN17-DD102 | 361 | 362 | 237063 | 0.68 | TAN17-DD102 | 408 | 409 | 237117 | 3.58 | ||
TAN17-DD102 | 362 | 363 | 237064 | 0.50 | TAN17-DD102 | 409 | 410 | 237118 | 3.44 | ||
TAN17-DD102 | 363 | 364 | 237065 | 7.84 | TAN17-DD102 | 410 | 411 | 237119 | 0.72 | ||
TAN17-DD102 | 364 | 365 | 237066 | 2.67 | TAN17-DD102 | 411 | 412 | 237122 | 0.28 | ||
TAN17-DD102 | 365 | 366 | 237067 | 4.59 | TAN17-DD102 | 412 | 413 | 237123 | 3.07 | ||
TAN17-DD102 | 366 | 367 | 237068 | 3.14 | TAN17-DD102 | 413 | 414 | 237124 | 0.77 | ||
TAN17-DD102 | 367 | 368 | 237069 | 0.82 | TAN17-DD102 | 414 | 415 | 237125 | 1.50 | ||
TAN17-DD102 | 368 | 369 | 237071 | 27.40 | TAN17-DD102 | 415 | 416 | 237126 | 0.51 | ||
TAN17-DD102 | 369 | 370 | 237072 | 9.52 | TAN17-DD102 | 416 | 417 | 237127 | 1.27 | ||
TAN17-DD102 | 370 | 371 | 237073 | 196.90 | TAN17-DD102 | 417 | 418 | 237128 | 1.15 | ||
TAN17-DD102 | 371 | 372 | 237074 | 18.28 | TAN17-DD102 | 418 | 419 | 237129 | 10.76 | ||
TAN17-DD102 | 372 | 373 | 237075 | 0.92 | TAN17-DD102 | 419 | 420 | 237130 | 0.37 | ||
TAN17-DD102 | 373 | 374 | 237076 | 0.30 | TAN17-DD102 | 420 | 421 | 237131 | 22.06 | ||
TAN17-DD102 | 374 | 375 | 237077 | 0.26 | TAN17-DD102 | 421 | 422 | 237132 | 0.33 | ||
TAN17-DD102 | 375 | 376 | 237078 | 17.26 | TAN17-DD102 | 422 | 423 | 237133 | 0.71 | ||
TAN17-DD102 | 376 | 377 | 237079 | 24.63 | TAN17-DD102 | 423 | 424 | 237134 | 0.21 | ||
TAN17-DD102 | 377 | 378 | 237082 | 0.65 | TAN17-DD102 | 424 | 425 | 237135 | 0.29 | ||
TAN17-DD102 | 378 | 379 | 237083 | 2.33 | TAN17-DD102 | 425 | 426 | 237136 | 2.85 | ||
TAN17-DD102 | 379 | 380 | 237084 | 0.36 | TAN17-DD102 | 426 | 427 | 237137 | 0.98 | ||
TAN17-DD102 | 380 | 381 | 237085 | 0.02 | TAN17-DD102 | 427 | 428 | 237139 | 3.70 | ||
TAN17-DD102 | 381 | 382 | 237086 | 0.03 | TAN17-DD102 | 428 | 429 | 237142 | 1.18 | ||
TAN17-DD102 | 382 | 383 | 237087 | 0.02 | TAN17-DD102 | 429 | 430 | 237143 | 0.05 | ||
TAN17-DD102 | 383 | 384 | 237088 | 0.01 | EOH 477m | ||||||
TAN17-DD102 | 384 | 385 | 237089 | 0.01 | |||||||
TAN17-DD102 | 385 | 386 | 237090 | 0.08 | |||||||
TAN17-DD102 | 386 | 387 | 237091 | 0.36 | 352m to 429m: 77m at 5.30 g/t Au including waste zones | ||||||
TAN17-DD102 | 387 | 388 | 237092 | 0.53 | |||||||
TAN17-DD102 | 388 | 389 | 237093 | 0.40 | |||||||
TAN17-DD102 | 389 | 390 | 237095 | 0.64 | |||||||
TAN17-DD102 | 390 | 391 | 237096 | 2.33 | |||||||
TAN17-DD102 | 391 | 392 | 237097 | 0.03 | |||||||
TAN17-DD102 | 392 | 393 | 237098 | 0.06 | |||||||
TAN17-DD102 | 393 | 394 | 237099 | 0.06 | |||||||
TAN17-DD102 | 394 | 395 | 237102 | 0.01 | |||||||
TAN17-DD102 | 395 | 396 | 237103 | 0.05 | |||||||
TAN17-DD102 | 396 | 397 | 237104 | 0.08 |
M1 Drilling at Depth
As reported last week, both contract drill rigs are working at M1 South. Drilling is focussing on the highest grades at the southern end of the M1 South deposit, targeting results open at depth from the 2016 drilling program including 5m at 30.28 g/t Au and 14m at 11.82 g/t from 216m from TAN16-DD063. Assays are pending for 3 holes. The current summary of expected zones of mineralisation and visible gold (VG) are:
Section SE0450 TAN17-DD104 - mineralised zone 285-325m, predicted high grade 293-298m (VG 295-296.5m and 315.7-316m)
TAN17-DD106 - mineralised zone 342-385m, predicted high grade 352-365m
TAN17-DD110A - in progress, yet to intercept mineralised zone
Section SE0425 TAN17-DD107 - mineralised zone 295-344m, predicted high grade 295-300m (VG 296-299.5m), 311-325m and 331-344m (VG 332.3-335.5m)
TAN17-DD109 - main mineralised zone 349-395m, predicted high grade 349-354m (VG 350- 351.6m), predicted high grade 369-376m (VG 369.8-371.4m)
Photo 2: TAN17-DD107 - Visible gold at 298m section SW425 at M1West African Resources Limited published this content on 30 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 March 2017 22:44:19 UTC.
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