PERTH, Australia--(BUSINESS WIRE)--West African Resources Ltd (ASX:WAF) (TSXV:WAF) is pleased to announce that it has filed an updated technical report and resource estimate (the "Technical Report"), dated effective May 28, 2014 for the Company's Mankarga 5 Project in Burkina Faso, West Africa. The Technical Report was updated to reflect the previously announced Significant Increase and Upgrade to the Mankarga 5 Resource (see news release dated May 1, 2014).
The Technical Report has been prepared in accordance with the Canadian
Securities Administrators' National Instrument 43-101 and is authored by
independent Qualified Persons. The report is available under the
Company's profile at:
and will also be available on West African's Website at:
The Company is focussed on near-term production with the immediate focus on the Mankarga 5 deposit and existing nearby gold prospects. The Company has set a goal of being a +50,000oz per annum gold producer within two years, subject to study outcomes, via a low-cost heap leach starter project. In February, West African announced it had secured a second-hand 1.6Mtpa heap leach plant as part of its plan to fast-track development of Mankarga 5. The proposed project development schedule for Mankarga 5 and surrounding prospects is shown in link below.
To view the table for proposed project development, please visit:
About West African Resources Limited
Dual listed (TSX-V and ASX) West African Resources Limited is a gold-copper exploration company dedicated to creating shareholder value through the acquisition, exploration and development of resource projects in Burkina Faso, West Africa.
West African has a landholding of 6,370sq km and 200km of strike length of early Proterozoic Birimian greenstone belts, which are highly prospective for gold mineralisation.