West African Resources (ASX: WAF) plans to immediately begin aircore and diamond drilling at the Tanlouka gold property in Burkina Faso once it completes the acquisition of Channel Resources (TSX.V: CHU).
Channel’s shareholders are expected to approve the acquisition on 6 December 2013.
The main priority will be to test the near-term production potential of oxide gold mineralisation on the consolidated project as soon as possible, with the primary target being Tanlouka’s Mankarga 5 structure where resources have been outlined.
Other potential oxide gold targets include the Moktedu structure and the South Sartenga target at the southern part of West African’s Boulsa project. The objective will be to generate resource estimates and project updates in early 2014.
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