West African Resources Limited (ASX: WAF) has hit high-grade gold mineralisation in ongoing diamond drilling at the MV3 East prospect, located six km from our Sanbrado Gold Operations in Burkina Faso, West Africa.
Highlights
* MV3 East prospect located 6km northwest of Sanbrado
* Diamond drilling intercepts high-grade gold at MV3 East including;
- 20.5m at 2.98 g/t gold
- 16m at 2.88 g/t gold
- 21m at 2.16 g/t gold
- 12m at 2.02 g/t gold
“RC and diamond core drilling at the MV3 East prospect has intercepted further zones of gold mineralisation including 20.5m at 2.98 g/t gold from 192m,” Executive Chairman, Richard Hyde, said.
“The strike of the southern high-grade shoot now extends over 200m and remains open at depth and to the south.
A maiden Mineral Resource for MV3 East will be reported later in Q1 2023, along with WAF’s annual resource and reserve update, 10-year production outlook and 2023 production and cost guidance.
“West African Resources is entering a significant growth phase as we aim to a be a +400,000oz per year gold producer by 2025.”
MV3 East Exploration Drilling
A total of 140 holes for 13,392m have been drilled to date, with today’s release reporting results for six diamond holes.
MV3 East Prospect
Recent diamond drilling has focused on extending the southern high-grade shoot down plunge at the MV3 East prospect with high grade mineralisation intercepted up to 200m below surface. This deeper drilling campaign was temporarily on hold due to limited access from wet weather and cropping.
Significant results from this drilling program include:
Deeper drilling confirms the geological and mineralisation interpretation developed from earlier near- surface drilling. Flexures along the main shear corridor appear to control the high-grade shoots with grade and widths increasing at these zones.
Structural measurements from the recent diamond drilling indicate that there is a steep northerly plunge to the high-grade mineralisation. The strike of the southern high-grade shoot now extends over 200m and remains open to the south where MAK22 – RCDT009 intercepted 20m at 2.98 g/t Au.
Work at MV3 East has now resumed with further drilling planned to test down plunge of the remaining high-grade shoots and surface mineralisation along strike of the MV3 East prospect. Additionally, several targets generated from an IP survey, historical RAB and WAF Auger drilling will be tested in the coming months. These targets all lie within 700m of the MV3 East prospect.
For further information please visit: https://www.westafricanresources.com
