West African again confirms deep promise at Sanbrado

WEST African Resources has had further deep drill success at the high-grade M1 South gold deposit at its Sanbrado operation in Burkina Faso and has pushed back the timeframe for new reserve and resource estimates as drilling continues.
West African again confirms deep promise at Sanbrado West African again confirms deep promise at Sanbrado West African again confirms deep promise at Sanbrado West African again confirms deep promise at Sanbrado West African again confirms deep promise at Sanbrado

Production units at M1 South are set to go a lot deeper over the years to come at WAF's Sanbrado project, Burkina Faso at

The new estimates are now expected in the March quarter next year rather than the current December reporting period, with an updated life-of-mine production profile to also be reported.

The latest drill results have included 6m grading 20.5 grams per tonne gold from 1211m downhole, within which 0.5m at 167gpt gold was recorded.

The hit was made at a depth below surface of more than 900m, and more than 400m below current reserves.

Two more holes are currently in progress.

Reserves at M1 South grading 10.2gpt and extending to 500m below surface were last estimated at 650,000 ounces.

WAF has previously stated it's targeting a 4-5 year extension to the 6.5 years current underground reserves support.

Shares in WAF were up 6% to A98 in early trade, capitalising the company at $861 million.