West African Resources (ASX: WAF, TSXV: WAF) has hit 16 metres at 2.58 grams per tonne gold from 30 metres in first gold results from drilling at its 90%-owned Mankarga 5 Deposit, within the Boulsa project in Burkina Faso.
The intersection included 7 metres at 4.54 grams per tonne gold, and notably, ended in mineralisation.
Results confirm continuity of strong mineralisation from depth into the oxide zone at Mankarga 5, and validates WAF's decision to acquire the deposit as a low-cost, heap-leach development target.
Several other assays above 1 gram per tonne from the 7500 metre program have also been received, which complement historic results such as 16 metres at 1.89 grams per tonne from 54 metres.
In January, WAF finalised the acquisition of neighbouring gold explorer Channel Resources' (TSX.V: CHU) Tanlouka project, which included Mankarga 5, and is now part of WAF's Boulsa project.
WAF’s programs have been tailored to improve the oxide and transitional components of the deposit and better define the orientation of high-grade mineralisation in deeper drilling.
Deep diamond drilling is nearing completion on the SW800 prospect, targeting high-grade mineralisation down-dip from a previous intersection of 9 metres at 9.04 grams per tonne 24 metres at 3.23 grams per tonne from 120.5 metres.
Further assays will be released as they become available, following which a resource upgrade is expected by the end of the quarter.
Scoping studies will be completed in the first half of 2014, with the objective of short term cash-flow from the expanded base of near surface gold assets.
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