West African Resources on track to produce 4Moz in the 2020's


West African Resources (ASX:WAF) has unveiled more gold at its Sanbrado Gold operations in Burkina Faso.

Recent underground diamond drilling in the northern shoot at the M1 South (M1S) showing high-grade gold mineralization of 9.5m at 81.91 grams per tonne of gold from a depth of 62 metres.

Off a total of 126 drill holes drilled, key highlights from the recent drilling include intercepts such as 9.5 meters at 81.9 grams per tonne of gold, 8.5 meters at 41.4 grams per tonne, and 2 meters at 133.1 grams per tonne. All of these signify substantial potential for an additional mining area at M1S underground.

The drilling campaign, spanning across 19,848 meters, targeted mineralization north of the current ore reserves, with a focus on areas between the 2000mRL and 1780mRL.

The results confirmed the presence of economic mineralisation within the northern shoot at M1S, with preliminary modeling indicating continuity and widths similar to previously mined areas.

Mineralisation is hosted within multiple high-grade lenses, and observations align with the current geological model at M1S main zone – also suggesting a promising future for further resource extension and mining activities.

“WAF is on track to produce 4 million ounces over the next decade, with production set to peak in 2029 at 473,000 ounces of gold,” West African Executive Chairman Richard Hyde said.

West African Resources plans to conduct additional grade control and infill drilling, finalise mine design for inclusion in the 2024 plan, and carry out resource definition drilling in specific target areas.

WAF has been trading at $1.


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