Perth, Australia (ABN Newswire) - West African Resources Ltd. (ASX:WAF) (CVE:WAF) is pleased to report activities on its 100%-owned and 100%-earning gold and copper-cold projects in Burkina Faso, West Africa, for the quarter ending 31 March 2014.An updated independent resource estimate for the Mankarga 5 deposit at the Tanlouka Permit, part of the Boulsa Gold Project, was completed and reported on 14 April 2014 [...]
West African Resources is pleased to report an updated independent resource estimate following recent drilling at the Mankarga 5 Deposit located on the Tanlouka Permit, part of its Boulsa Project, in Burkina Faso.Managing Director Richard Hyde commented on the resource update: "We're very pleased that the resource upgrade has resulted in significant increases in contained ounces and grade in oxide, transitional and [...]
West African Resources is pleased to announce that it has completed a 10% placement raising $3 million, before costs, by issuing 23.1 million ordinary shares at 13 cents. The placement was well supported by existing shareholders and high-net-worth individuals.Managing Director Richard Hyde said: "We are delighted with the continued support from existing shareholders and the belief shown by new shareholders joining our [...]
West African Resources is pleased to report high-grade results from the first deep diamond hole at its Mankarga 5 Deposit located on the Tanlouka Permit, part of the Boulsa Project, in Burkina Faso.The results, part of a 2,500m diamond core drilling program, are located in the southwest portion of the deposit from section SW800 to SW500. TAN14-DD001 and TAN14-DD002 have intercepted mineralisation on sections SW800 and [...]
West African Resources is pleased to report final gold results from a 5,000m reverse circulation (RC) drilling program at its Mankarga 5 Deposit located on the Tanlouka Permit, part of the Boulsa Project, in Burkina Faso. "We are very pleased with the final results from the shallow RC drilling program at Mankarga 5. The program has been very successful with consistent high-grade mineralisation intercepted along 2km of [...]
The operations and results of the West African Resources for the financial year are reviewed below. This review includes information on the financial position of the Group, its operational activities for the year and its future business strategies.Operating results for the yearThe net loss of the Group for the half-year ended 31 December 2013 was $3,245,805 (2012: $3,052,972).RevenueRevenue comprised interest received and [...]
Perth, Australia (ABN Newswire) - West African Resources Ltd. (ASX:WAF) (CVE:WAF) is pleased to report further high grade results from a 7,500m reverse circulation (RC) and diamond core drilling program at its Mankarga 5 Deposit located on the Tanlouka Permit, part of the Boulsa Project, in Burkina Faso.Results cover 600m of strike on the southwest portion of the deposit from section SW600 to the central line (000). Since [...]
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES West Australia, March 06, 2014 /FSC/ - West African Resources Ltd. (WAF - TSX Venture, WAF - ASX), ("West African" or the "Company") is pleased to announce it has entered into an agreement to acquire the remaining 10% of the Tanlouka Permit, part of the Boulsa Project, Burkina Faso. The acquisition will take West African to [...]
Perth, Australia (ABN Newswire) - West African Resources Ltd. (ASX:WAF) (CVE:WAF) ("West African" or the "Company") is pleased to announce it has entered into an agreement to acquire the remaining 10% of the Tanlouka Permit, part of the Boulsa Project, Burkina Faso. The acquisition will take West African to 100% ownership of the permit.The acquisition, which is conditional on completion of a positive feasibility within 18 [...]
West African Resources is pleased to announce it has appointed Colin Jones as a Non-Executive Director to its Board.Mr Jones will replace Stephen Ross on the Board. His appointment follows West African's acquisition of TSXV-listedChannel Resources West African is now listed on both the Australian Securities Exchange (ASX) and the Toronto Stock Exchange Venture (TSXV) index.Mr Jones has 30 years of experience as a [...]
West African Resources is pleased to announce that it has entered into an agreement to acquire a second-hand 1.6Mtpa heap leach plant for the Boulsa Project, in Burkina Faso. West African's Managing Director Richard Hyde said: "We are targeting gold production from Mankarga 5 in 2015 at a low cost by utilising second-hand equipment where possible."The plant is currently located nearby in Ghana, within trucking [...]
West African Resources is pleased to report further high grade results from a 7,500m reverse circulation (RC) and diamond core drilling program at its 90%-owned Mankarga 5 Deposit located on the Tanlouka Permit, part of the Boulsa Project, in Burkina Faso.“These additional near-surface high-grade results will improve the grade of the oxide portion of the Mankarga 5 resource, which will be updated later this quarter,” West [...]