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West African Resources (ASX:WAF) has yielded successful results from a recent program of resource definition diamond drilling at its Sanbrado Gold Operations in Burkina Faso, picking up an intercept of 44 metres at 25.8 grams per tonne at the M1 South main deeps resource.
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The drilling revealed wide zones of high-grade mineralisation underneath the M1S underground current ore reserves.
Other intercepts included 44.5m at 17.1g/t, 38.5m at 17.4g/t, and 21.5m at 24g/t.
WAF intends to provide investors with total results from the program alongside an updated mineral resource estimate, due in the third quarter of 2025.
“Resource definition drilling below M1 South reserves has returned strong results, including 44m at 25.8 g/t gold and 44.5m at 17.1 g/t gold, confirming the underground operation will continue to be a high-margin long-life asset,” executive chairman Richard Hyde said, adding the drilling had underscored MIS’ value.
“Results from the recent drilling are expected to deliver an increase in both tonnes and contained gold in comparison to the 2024 resource model.”
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Mr Hyde continued: “Updated Mineral Resources and Ore Reserves and a new 10-year production outlook are planned for release in Q3 2025.”
WAF has been trading at $2.49 this morning.
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