West African Resources’ Post

We're pleased to report high grade gold mineralisation from recent infill underground diamond drilling within the main lode at M1 South from our Sanbrado Gold Operations, Burkina Faso. Our Executive Chairman Richard Hyde said: “Recent stope definition drilling at the M1 South main zone has intercepted high grade mineralisation 24m at 55.79 g/t gold and 28.5m at 37.03 g/t gold. “Infill drilling has confirmed the grade and tenor of high grade areas of the M1S resource and strengthens confidence in 2024 production and our 10-year production plan. “WAF is on track to produce 4 million ounces over the next decade, with annual production set to peak in 2029 at 473,000 ounces of gold. Our unhedged resources now stand at 12.8 million ounces and Ore Reserves at 6.1Moz of gold.” Read more: https://loom.ly/TEVxdrQ

We're pleased to report high grade gold mineralisation from recent infill underground diamond drilling within the northern shoots at M1 South at our Sanbrado Gold Operations in Burkina Faso. Our Executive Chairman Richard Hyde said: “Recent resource definition drilling at the M1 South northern shoots zone has intercepted high grade mineralisation 10.5m at 15.25 g/t gold and 6m at 25.76 g/t gold. “Infill drilling has confirmed the grade and tenor of high grade mineralisation reported in March this year which included 9.5m at 81.9 g/t gold outside of existing reserves. “WAF is on track to produce 4 million ounces over the next decade, with annual production set to peak in 2029 at 473,000 ounces of gold. Our unhedged resources now stand at 12.8 million ounces and Ore Reserves at 6.1Moz of gold." Read the full ASX release here: https://loom.ly/loyuTV4

Doubleview Gold Corp (TSX-V:DBG, OTCQB:DBLVF) announced that drilling at its polymetallic Hat project in British Columbia’s Golden Triangle has extended the Lisle deposit 240 metres south and resulted in the discovery of the highest #gold grades to date at the project. The company said the area expanded area, called the Gold Rich Zone, will increase the volume of mineralization which will be included in the project’s maiden resource estimate expected in the first quarter of 2024. Highlights included drill hole HO63 which returned 0.21 grams per ton (g/t) of gold over 405 metres and the highest to-date gold drill sample of 18.4 g/t/ gold over 1 metre. The company added that the Gold Rich Zone also assayed similarly high values for scandium as seen in other parts of the deposit, including 25.5 g/t over 405 metres. More at #Proactive #ProactiveInvestors #TSXV #OTCQB #DBG #DBLVF http://ow.ly/GWXG10593Vs

Toubani Resources ASX: TRE is a West African gold development opportunity that should now be attracting some interest as gold continues to hold steady over US$2000/oz. The Kobada Gold Project now commences 10,000m RC drilling to target high-grade, near surface oxide material that could add significant ounces and grade to this deposit. The latest presentation is here: https://bit.ly/49zfTEX

We've reported wide gold intercepts, including 𝟰𝟬𝗺 𝗮𝘁 𝟭.𝟬𝟯 𝗴/𝘁 𝗔𝘂, from step-back diamond drilling at BD Target 1, part of ongoing diamond drilling at our Boundiali Gold Project in Côte d'Ivoire, West Africa. Gold mineralisation remains open along strike and down dip, with mineralisation intersected down to 385m below surface. An IP survey has been completed to optimise drill targeting, and two more diamond rigs have arrived, increasing our fleet to six. We are targeting a drilling rate of 10,000m per month, aiming to exceed 45,000m in CY2024. An initial Mineral Resource Estimate for Boundiali is targeted for late CY2024. Managing Director Dr. Caigen Wang said: “We're delighted with another shallow, wide gold intercept at BD Target 1. Gold mineralisation remains open along strike and at depth, with intersects as deep as 385m below surface. Every hole we drill helps us understand the controls on the high-grade gold shoots we find within these wider intercepts. The new IP survey and structural data are guiding our drill targeting. With two new NOCK1300 diamond drill rigs operational, we're eager to test BD Target 1 down to approximately 900m. With six rigs on site, we expect to achieve ~10,000m drilling per month, systematically exploring the full potential of the 13km by 3km target zone at BD and our other tenements within the Boundiali gold project. We're also improving our operations with new vehicles, a centralised camp, and we are using a second laboratory to enhance efficiency and assay turnaround times. We're well-funded with ~$20 million cash at bank, allowing us to accelerate drilling and build on these encouraging results. We're targeting an inaugural JORC resource for Boundiali by late 2024.” Read the full ASX Announcement here: https://lnkd.in/gQ-kycs2 #gold #AUE #Aurum #WestAfrica #ASXNews #MiningNews

Abitibi Metals Corp (CSE: AMQ) (OTC: AMQFF) (FSE: FW0), a sponsor of TNBR, has reported final results from its Phase 1 drilling program at the B26 Polymetallic Deposit project in Quebec, Canada. Highlights: * 9.75 m of 3.97% CuEq. * 14 m of 1.16% CuEq. * 5.8 m of 4.43% CuEq. Abitibi Metals will start Phase 2 drilling in July to expand the B26 Deposit and is considering a near-term resource update. They await results from Beschefer and a gravity survey at B26. With $17 million, they plan 16,500 meters of drilling in 2024 and 20,000 meters in 2025 for a Preliminary Economic Assessment. The focus is on growing resources and developing nearby gold assets, aiming to meet milestones rapidly. Well done, team! Want to Learn More? #TheNextBigRush

STRICKLAND METALS LIMITED (ASX:STK) announces the strongest gold mineralisation ever encountered at the 5.4Moz Au Eq Rogozna project. The first hole drilled by Strickland at Shanac has returned a spectacular intercept of: 89.7m @ 4.0g/t AU from 244.5m, including 24.1m @ 10.5g/t Au from 296.2m. This is the first time this high-grade, gold only zone has been intersected in drilling at Shanac, highlighting the potential to substantially enhance the existing 4.6Moz Au Eq Shanac resource. Multiple additional zones of strong mineralisation encountered in this hole, amounting to a total intersection of: 293.9m @ 2.5g/t Au Eq2 from 162.3m. #STK #GOLD

Nova Minerals Limited has released an SEC-compliant resource estimate demonstrating a large increase to gold in-pit resources at its Estelle flagship to back up its proposed listing on a North American stock exchange. Neither the 5.17-million-ounce S-K 1300 or 9.9Moz JORC estimate include drilling since March last year, and Nova looks to keep adding ounces and turn to development with the backing of US capital. "The increase in the pit constrained resource highlights the extreme sensitivity to a rising gold price and improved technical parameters. The present gold bull market and further efficiencies that are being investigated through our current PFS studies continues to provide additional potential upside for the Estelle Gold Project." - Nova CEO Christopher Gerteisen #GoldMining #USResources #Investing #Commodities

Golden Arrow Resources Corp (TSX-V:GRG, OTCQB:GARWF) announced significant new copper mineralization intervals from its ongoing drilling campaign at the San Pietro iron-copper-gold-cobalt project in Chile. Highlights from one hole at the Rincones target include 110 meters of mineralization at 0.40% copper, 0.08 g/t gold, 85 g/t cobalt, and 18.0% iron, starting at 158 meters depth. The hole also revealed a high-grade interval of 1.12 meters, with 10.35% copper, 2.44 g/t gold, 470 g/t cobalt, and 23.1% iron. In addition to the copper-rich intervals at Rincones, significant cobalt mineralization was also intercepted at the Colla target, located approximately two... http://ow.ly/T3aK105IeW1

The timing couldn’t be better for a “spectacular” 308-metre #gold intersection at 1.9 g/t gold equivalent from Strickland Metal’s (ASX:STK) Rogozna Gold and Base Metals Project in Serbia, with #GoldPrices hovering near all-time highs of US$2,547.50 an ounce. Proactive’s Tylah Tully offers #JustTheFacts on the strong drilling result, which included several broad, high-grade zones – most notably 90.9 metres at 2.3 g/t gold from 333.7 and 61.3 metres at 3.5 g/t gold from 470.9 metres. “We are also excited to report that we have commenced drilling a follow-up hole to ZRSD24149,” Strickland managing director Paul Lherpiniere said. “Specifically targeting an extension to the newly identified ‘gold skarn’ which returned the spectacular intercept of 89.4 metres at 4.0 g/t gold from 244.5 metres, within a broader mineralised envelope of 293.9 metres at 2.5 g/t gold from 162.3 metres depth.” Read more about STK’s drilling results on our website. https://ow.ly/KX4b50T3xLQ #ASX #STK #GoldMining #MiningAustralia #GoldStocks