Press Release

16th May 2017 West African hits 472.2 g/t gold at M1 South 29.5m at 20.6 g/t gold from 349.5m

Gold developer West African Resources Limited (ASX, TSXV: WAF) is pleased to report high-grade diamond drilling results from the M1 deposit, at its 100%-owned Sanbrado Gold Project, Burkina Faso.

Highlights
  • High-grade results from depth at M1 South;
    • 29.5m at 20.67 g/t Au from 349.5m including 0.5m at 472.2 g/t Au

      ­ 22m at 10.52 g/t Au from 373.5m

    • 15m at 12.4 g/t Au from 431.5m
  • High-grade mineralisation extended to more than 350m vertical, double the average depth of the current reserve
  • High-grade open at depth, visible gold logged at 466m in TAN17-DD111 - assays pending
  • Five drill rigs currently on site double shifting, an additional contractor rig expected on site before the end of the month
  • Well-funded to complete all work programs for 2017

Managing Director Richard Hyde commented:

"Diamond drill hole TAN17-DD109 has returned further high grade gold results at M1 South, with 29.5m at 20.67 g/t Au from 349.5m including 0.5m at 472.2 g/t Au and 1m at 149.61 g/t Au from the hanging wall zone, and the foot wall zone returned 9.5m at 7.78 g/t Au from 385m including 1m at 61.14 g/t Au.

"Results from the southernmost high-grade shoot show excellent vertical continuity and have extended mineralisation down to more than 350m below surface, which is twice the average depth of the current reserve.

"Mineralisation remains open at depth and is being drilled aggressively with 5 drill rigs on double shift. An additional contract rig is expected on site before the end of the month."

M1 Drilling at Depth

Assays have been returned for holes TAN17-DD109 and TAN-DD110A with results confirming visible gold identified in core logging by WAF geologists. Both holes returned high grade results and extend the vertical continuity of high grade gold mineralisation to more than 350 vertical metres. Results are pending for TAN17-DD111, which intercepted visible gold at 414m and 464m down hole - which is the deepest hole drilled to date at M1 South. Mineralisation remains open at depth across the 350m of strike of the M1 South deposit, as shown in Figure 2.

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

Recent significant results from M1 include:

 TAN17-DD109: 29.5m at 20.67 g/t Au from 349.5m including 1.5m at 250.29 g/t Au (includes 0.5m at 472.2 g/t Au) and 1m at 149.61 g/t Au

 TAN17-DD109: 9.5m at 7.78 g/t Au from 385m including 1m at 61.14 g/t Au

 TAN17-DD110A: 22m at 10.52 g/t Au from 373.5m including 0.5m at 72.31 g/t Au and 1.5m at 61.71 g/t Au

 TAN17-DD110A: 15m at 12.4 g/t Au from 431.5m including 2.5m at 57.6 g/t Au

Photo 1: TAN17-DD109 - Visible gold at 350-350.5m returned 472.2 g/t Au

Other high grade results previously reported from the current drilling program at M1 South include:

 TAN17-DD104: 11m at 20.4 g/t Au from 286m, including 2m at 101.71 g/t Au

 TAN17-DD104: 8m at 5.14 g/t Au from 315m

 TAN17-DD106: 10.5m at 2.28 g/t Au from 327.5m

 TAN17-DD107: 8.5m at 37.98 g/t Au from 296.5m including 1m at 260.93 g/t Au and 0.5m at 55.12 g/t Au

 TAN17-DD107: 27m at 3.73 g/t Au from 315.5m including 0.5m at 63.45 g/t Au

Photo 2: TAN17-DD111 - Visible gold at 466.2m, section SW450 at M1 - Assays Pending

A summary plan and sections through the southern high grade shoot at M1 are presented below. The long section (Figure 2) for the deposit has been remodelled and now shows grade x thickness (g/t x m) contours, where intercepts for the hanging wall (HW) and foot wall (FW) zones have been combined. Mineralisation grade x thickness results peak at 1,940 g/t Au x m in TAN16-DD044, and the zone remains open at depth at more than 500 g/t Au x m TAN17-DD109 (685 g/t Au x m). Significant results for mineralisation at M1 have also been updated and are reported at +1g/t including no more than 5m of interval waste (

Figure 1: Sanbrado Gold Project - Mineralised Trends and Prospect Locations

West African Resources Limited published this content on 16 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 May 2017 23:57:01 UTC.

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