- Gold mining company West African Resources (WAF) intercepts extensive gold mineralisation at the Toega deposit in Burkina Faso
- The company recently completed reverse circulation (RC) and diamond drilling to provide geotechnical and metallurgical samples
- Significant gold mineralisation was intercepted with grades peaking at 6.1 grams of gold per tonne
- The company is now progressing the Toega feasibility study and is set to submit an Environmental and Social Impact Assessment shortly
- Shares in West African Resources are down 3.32 per cent on the market and are trading at $1.02 at 10:33 am AEST
Gold mining company West African Resources (WAF) has intercepted extensive gold mineralisation at the Toega deposit in Burkina Faso.
The company recently completed reverse circulation (RC) and diamond drilling to provide geotechnical and metallurgical samples.
Pleasingly for the company, multiple holes intersected mineralisation similar to that identified from the previous owners of B2 Gold.
Significant new results include 12 metres at 6.1 grams of gold per tonne (g/t) from 108 metres, 22 metres at 5g/t gold from 80 metres and 12 metres at 4.4g/t gold from 147 metres.
West African Resources is now progressing the Toega feasibility study which is expected to be announced in Q1 2022.
Additionally, the company is planning to send Toega ore to the Sanbrado process plant from 2023 to make improvements to the plant, which currently averages gold recoveries over 94 per cent.
Additionally, West African Resources is making good progress with the Environmental and Social Impact Assessment (ESIA) for Toega, which began in January this year.
The ESIA is being prepared to meet the environmental regulatory requirements of Burkina Faso.
Executive Chairman Richard Hyde commented on the results.
“Resource definition drilling at the 1.3 million ounce gold Toega deposit has confirmed the geological model intercepting extensive zones of free-milling gold mineralisation including 79 metres at 2g/t gold and 56 metres at 1.6g/t gold,” Mr Hyde said.
“Social and environmental programs are progressing to plan, with the ESIA to be submitted to the government for environmental approval in Q4 2021.”
Shares in West African Resources were down 3.32 per cent on the market and were trading at $1.02 at 10:33 am AEST.