West African Resources Limited (ASX: WAF) has intercepted high grades and extensive visible gold in its deep diamond drilling programme beneath reserves at the M1 South deposit, Sanbrado Gold Project in Burkina Faso.
The high-grade results include:
- 15.5m at 20.5 g/t Au from 852m including; 5m at 52.2 g/t Au and, 4m at 10.4 g/t Au
- 32m at 4.9 g/t Au from 854.5m including; 4m at 14.3 g/t Au and, 4.5m at 18.7 g/t Au
- 7m at 7.8 g/t Au from 1238m including; 1m at 29.9 g/t Au
Executive Chairman, Richard Hyde, said the results demonstrate the potential to extend the M1 South underground mine life, which will be further tested with an ongoing, two rig drilling campaign.
High-grade gold mineralisation has been intercepted beneath the current underground ore reserves at M1 South, with diamond drilling returning 15.5m at 20.5 g/t gold and 32m at 4.9 g/t gold,” Mr Hyde said.
“The results confirm the predictable geometry of high-grade zone at M1 South. The current drilling program has been designed to extend high-grade mineralisation to support an underground mine life out to 2030.
“Drilling is continuing onsite with two rigs operating on double shift, with further results expected over the coming weeks. Updated resources, reserves and a life of mine plan incorporating new results are expected by late Q4 2020.”
The current programme is the first drilling undertaken at the M1 South deposit since 2018, when the final hole drilled returned 25m grading 15.03 g/t gold including 5.5m at 40.4 g/t gold.
New drilling has reinforced WAF’s geological model for M1 South and confirmed the predictable geometry of the high- grade gold zone down to 950m below surface.