WAF 0.68% $1.47 west african resources limited

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    West African Resources discovers copper, gold in Burkina Faso, targets maiden Resource in 2012

    Published: 08:50 20 Jun 2012



    West African Resources (ASX: WAF) has made a major copper gold discovery at the company’s Sartenga Prospect in Burkina Faso, with recent drill results returning grades up to 4.78 grams per tonne (g/t) gold and 1.92% copper.

    The company is making good progress on achieving its goal of taking Sartenga to resource status by the end of 2012.

    Copper gold mineralisation has been intercepted in the third line of wide spaced aircore drilling at the prospect.

    Diamond drilling has returned 72.8 metres at 1.08g/t gold and 0.48% copper from 6 metres, including 21 metres at 2.31g/t gold and 1.09% copper.

    The discovery aircore hole intersected 57 metres at 0.88g/t gold and 0.44% copper, including 9 metres at 2.16g/t gold and 0.99% copper.

    Importantly, both drill holes ended in mineralisation, with potential for continuity at depth.

    A 15 hole, 1,998 metre reverse circulation drilling program has been completed to more than 170 metres depth on three sections over 800 metres strike, with assays pending.

    Diamond drilling is continuing at Sartenga, while the aircore drilling program has been extended to 25,000 metres.

    West African Resources is also carrying out drilling at the Moktedu and Meguet prospects, as well as on a number of regional prospects.

    With A$4.5 million in cash reserves, the company is well funded to continue aggressive exploration to delineate a maiden JORC Resource at Sartenga.

 
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