West African Resources is pleased to announce it has executed final documentation with the Metals & Energy Capital Division of Macquarie Bank Limited (Macquarie) for a two-year US$5 million convertible loan facility (Facility). The executed documentation follows West African's announcement on 29th October 2014, that it had signed a committed term sheet for the US$5 million facility subject to Macquarie finalising its [...]
West African Resources is pleased to report activities on its 100%-owned and 100%-earning gold and copper-gold projects in Burkina Faso, West Africa, for the quarter ending 30 September 2014. As reported last quarter, West African announced the results of a technical and financial assessment of a heap leach starter project on its Mankarga 5 project, Burkina Faso, on 29 July 2014.Highlights included:- Pre-production [...]
West African Resources is pleased to announce it has signed a Committed Term Sheet with the Metals & Energy Capital Division of Macquarie Bank Limited to provide a two-year US$5 million convertible loan facility to fully fund the completion of the Company's Feasibility Study for the Mankarga 5 Heap Leach Gold Project in Burkina Faso.Managing Director Richard Hyde said: "It is very pleasing to have the support of [...]
West African Resources Ltd. (ASX:WAF) (TSX-V:WAF) is pleased to report metallurgical test work results from the Mankarga 5 Deposit located on the Tanlouka Permit, part of its Boulsa Project, in Burkina Faso. Managing Di...
West African Resources is pleased to report metallurgical test work results from the Mankarga 5 Deposit located on the Tanlouka Permit, part of its Boulsa Project, in Burkina Faso. Managing Director Richard Hyde commented on the metallurgical test work:"The column test work recoveries of up to 90% supports the Company's heap leach starter project development approach for the Mankarga 5 Project."All the columns [...]
Gold developer West African Resources Ltd. (ASX:WAF) (TSX-V:WAF) is pleased to announce further high-grade gold results from sulphide diamond drilling at its Mankarga 5 deposit, Burkina Faso. Managing Director Richard H...
A discussion of the activities, results of operations and financial condition of West African Resources for the three and twelve month period ended June 30, 2014, compared to the same periods in the preceding year. This management discussion and analysis was prepared using information available as of September 29, 2014 and should be read in conjunction with the Company's audited consolidated financial statements for [...]
During the year ended 30 June 2014, West African Resources acquired 100% of TSXV-listed Channel Resources, which held the Tanlouka Permit, adjacent to West African's Boulsa Gold Project in Burkina Faso, and commenced work on exploring and evaluating the Mankarga 5 resource. West African is aiming to become a +50,000-ounce gold producer in 2015. Highlights of the year included: - Completion of the acquisition of [...]
West African Resources Announces a Technical Report for the Mankarga Gold Deposit in Burkina Faso. The Tanlouka Gold Project is located approximately 90km east-southeast of Ouagadougou, the capital of Burkina Faso, lying approximately 20km south of Mogtedo the nearest regional town. Centroid co-ordinates for the Project are longitude 0Deg 51" W and latitude 12Deg 10" N. The Project covers an aggregate area of 115km2 [...]
Gold developer West African Resources is pleased to announce further highgrade gold results from sulphide diamond drilling at its Mankarga 5 deposit, Burkina Faso. Managing Director Richard Hyde commented: "A new high grade gold zone has been located in the hanging-wall of the main zone at Mankarga 5. This zone will significantly improve the grade of mineralisation in the upcoming resource update. Column test work is also [...]
Gold developer West African Resources is pleased to announce further highgrade gold results from oxide resource definition drilling at its Mankarga 5 deposit, Burkina Faso. Managing Director Richard Hyde commented:"The latest round of results complete the oxide infill drilling program at Mankarga 5 required to commence mining for the Stage 1 project. This drilling program has hit a number of sweet spots in the resource [...]
Gold developerWest African Resources is pleased to announce further highgrade gold results from oxide resource definition drilling at its Mankarga 5 deposit, Burkina Faso.Step-out oxide drilling has intercepted the Mankarga 5 structure 500m northeast of the existing resource on sections NE1400 and NE1500 and remains open to the northeast. These drill results will expand the resource in the next update planned for the [...]