West African Resources Limited (ASX:WAF) Reports Strong Grade Control Drilling Results at Kiaka
Grade Control Results
West African Resources Limited (ASX:WAF) has successfully completed its maiden grade control drilling program at the Kiaka Gold Project in Burkina Faso. Significant results include 5m at 27.2 g/t gold and 11m at 8.7 g/t gold, confirming gold mineralisation over a 400m wide surface area. The drilling program, which involved 1,317 holes, delivered thick and consistent zones of mineralisation and was completed on-budget and on-schedule.
Operational Update
Mining operations at Kiaka Main Pit Stage 1 are set to begin in Q1 2025, with waste stripping commencing concurrently. The first ore mining is expected in early Q2 2025, aiming for the first gold production in Q3 2025. The project is projected to become a +420,000 ounce per annum gold producer, aligning with the company’s 20-year mine life plan.
Executive Comments
Executive Chairman Richard Hyde stated, “Kiaka’s maiden grade control drilling has returned further thick and consistent zones of near-surface gold mineralisation including 5m at 27.2 g/t gold and 11m at 8.7 g/t gold. We have now completed the maiden grade control drilling program on-budget and on-schedule ahead of starting open pit mining at Kiaka. Results reinforce WAF’s geological model for the Kiaka Main Stage 1 open pit with gold mineralisation over 400m wide at surface and a very low strip ratio of 0.8 to 1 (waste to ore). Mining of our large 20-year Kiaka Main Pit is scheduled to start in late Q1 2025 followed by processing and gold production in Q3 2025, which will see WAF become a +420,000 ounce per annum gold producer.”
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