West African Resources Discovers Parallel Lode at M1 South 2m at 138.4 g/t Au from 449m

SUBIACO, AUSTRALIA / ACCESSWIRE / October 21, 2018 / Gold developer West African Resources Limited (ASX, TSXV: WAF) is pleased to report further high-gradedrilling results from its Sanbrado Gold Project, Burkina Faso.

Highlights

- Parallel high-grade zone at M1 South intercepted 300m below surface, 180m east of main zone:

• TAN18-DD189-WD2: 2m at 138.4 g/t Au from 449m
• TAN18-DD189: 5.5m at 15.5 g/t Au from 452.5m including 1.5m at 48.3 g/t Au
• TAN18-DD214A-WD2: 8m at 6.0 g/t Au from 396m, including 1m at 30.0 g/t Au

- High-grade results from infill drilling at M1 South support planned underground mine life extension:

• TAN18-DD189-WD1: 10m at 8.1 g/t Au from 646.5m, including 0.5m at 61.7 g/t Au
• TAN18-DD189-WD1: 3m at 13.8 g/t Au from 682m, including 0.5m at 71.5 g/t Au
• TAN18-DD189-WD2: 11m at 5.9 g/t Au from 639m, including 0.5m at 39.8 g/t Au
• TAN18-DD196-WD1: 0.5m at 192 g/t Au from 690m
• TAN18-DD196-WD2: 10.5m at 8.8 g/t Au from 648m, including 0.5m at 138 g/t Au
• TAN18-DD214A-WD1: 21.5m at 15.3 g/t Au from 614m, including 0.5m at 115 g/t Au
• TAN18-DD214A-WD2: 14.5m at 19.9 g/t Au from 595.5m, including 1m at 219 g/t Au

- Infill drilling is nearing completion and has confirmed grade and continuity beneath existing reserves

- Core-cutting and sampling of pre-collar holes is on-going, with 7,300m left to complete the backlog

- Step down drilling with a 1,000m core hole to commence following infill drilling

Managing Director Richard Hyde commented:

"The discovery of a new parallel zone at M1 South returning 2m at 138.4 g/t Au is an exciting development for West African Resources.

"Infill drilling below reserves has confirmed continuity of high-grade mineralisation and will be incorporated into resources, then reserves to add higher grade into years 5 and 6 of the mine schedule.

"Optimisation studies to be completed by Q1 2019 will include resource and reserve updates, and planned higher process plant throughput rates resulting in increased annual gold production."

Click here to view the ASX announcement

SOURCE: West African Resources Limited