West African Resources Limited commences drilling at M3 gold discovery
16.10.2015 | FSCwire
- Diamond drilling commences at M3 prospect- Drilling to follow up successful RC drilling program
- New gold mineralisation to be included in updated resource upgrade in Q4 2015
Perth, Australia (FSCwire) - Gold developer West African Resources Limited (ASX, TSXV: WAF) is pleased to report that it has recommenced drilling following the recent high-grade gold discovery at its M3 prospect, Tanlouka Gold Project, Burkina Faso.
Follow-up diamond drilling has commenced at M3. Initial results from the prospect were announced last month from shallow wide-spaced RC drilling (ASX/TSXV: 8/9/2015). RC holes TAC0995 and TAC0996 were drilled directly beneath a 13g/t Au auger sample with TAC0995 ending in mineralisation grading 6m at 1.88g/t Au from 40m while TAC0996 intercepted the same zone down-dip returning 32m at 5.02g/t Au including 13m at 7.14g/t Au from 2m.
Initially diamond drilling will focus on providing structural data relating to the orientation of mineralisation, as well as important information on lithology and alteration. Follow-up RC drilling will also target mineralisation recently drilled at the M1 prospect (ASX/TSXV: 14/7/15, 25/8/15). The Company intends to continue drilling throughout the current field season, targeting an increase to the projects mineral resources.
Recently discovered gold mineralisation at the M1 and M3 prospects is currently not included in the project resource inventory. Significant results from the current drilling program will be modelled and incorporated in a resource update later this year. Any additional higher grade oxide tonnes will have a positive impact on the project economics. Recent results from RC drilling targeting oxide mineralisation at M1 and M3 include:
- TAC0657: 8m at 1.45g/t Au from 25m, ending in mineralisation
- TAC0658: 6m at 1.32g/t Au from 21m, ending in mineralisation
- TAC0856: 10m at 1.04g/t Au including 1m at 5.04g/t Au from surface
- TAC0887: 10m at 1.44g/t Au from 8m, including 2m at 4.92g/t Au ending in mineralisation
- TAC0891: 9m at 7.8g/t Au from 8m, including 4m at 16.93g/t Au ending in mineralisation
- TAC0995: 6m at 1.88g/t Au from 40m ending in mineralisation
- TAC0996: 32m at 5.02g/t Au including 13m at 7.14g/t Au from 2m
Click here to view the full announcement.
http://www.westafricanresources.com/wp-content/uploads/2015/10/WAF161015.pdf
www.westafricanresources.com
