West African Resources WAF Sanbrado

West African Resources (ASX:WAF) has released the final results of a grade control drill program on the M5 deposit of its Sanbrado gold project in Burkina Faso. The holes that were drilled as part of the grade control drill program were completed on areas close to surface where West African Resources plans to mine and process the oxide mineralization.

The encountered grades and thicknesses are truly exceptional for oxide mineralization. With consistent intervals of 20-30 meters with grades ranging between 5 g/t gold and 13 g/t gold, not only is this grade control drill program very effective, it also strongly increases the confidence in the existing resource estimate as drilling the additional holes has now confirmed the interpretation of the gold-bearing structures and the grades of the M5 zone. The additional infill and grade control drill program has now tightened the spacing to 12.5 meters by 12.5 meters and in some zones even to 12.5 meters by 6.25 meters which is really good for an oxide zoned gold deposit. Given the current grades, it’s also not unlikely we will see a moderate grade boost in the existing M5 resources, which currently contain 37.15 million tonnes in the indicated category at an average grade of 1.3 g/t gold, while there’s an additional 450,000

Meanwhile the construction activities at the Sanbrado gold project remain on track for a first gold pour in the third quarter of 2020 as the completion level has now reached 45%.

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The author has no position in West African Resources. Please read the disclaimer

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