West African Resources’ Post

Our CEO and Executive Chairman Richard Hyde presented at the Gold Forum Americas in Colorado Springs this week. A replay will be made available over the coming days, and a PDF copy of the presentation delivered by Richard at the event can be viewed here: https://loom.ly/7Q97__8

Discussion of recent broker coverage of WAF, and Canaccord's initiation in MiningNews.net 📰

West African Resources is at Africa Down Under this week! Our General Manager – Sustainability Mirey Lopez will present tomorrow morning, 10:05am AWST – watch the livestream here: https://loom.ly/lPcwMeU Our delegates are pictured at the booth, including General Manager – Sanbrado Luke Holden, Country Manager Seydi Nabbe, Lead Accountant Paul Sione, Director of Corporate Affairs Christian Ouedrago, Environmental Manager Judicael Ouedraogo and Procurement Superintendent Tieba Ouattara. Visit the WAF team at booth #7 throughout the event! #AfricaDownUnder #ADU2024

Nous recrutons actuellement un contremaître général de maintenance auxiliaire basé au Burkina Faso. Pour plus d’informations et pour postuler, veuillez consulter le site West African Resources. Seuls les ressortissants burkinabè sont habilités à postuler.

August 2024 marked a momentous occasion for WAF, with the millionth ounce of gold produced from our Sanbrado Gold Operations in Burkina Faso! It has been an incredible journey since the first gold pour at the project in March 2020. None of this would have been possible without our amazing team, and the hard work that each and every member of our staff put in every single day. We remain on track for +420,000 oz per annum gold production from our Sanbrado Gold Operations and Kiaka Gold Project by 2025.

Via Business News – West African posts $92m profit:

West African has delivered A$92 million NPAT for H1 2024. Our Executive Chairman and CEO Richard Hyde said: “WAF delivered another strong result in H1 2024 producing 107,644 ounces of gold at US$1,223 per ounce AISC, generating A$116 million cashflow from operations. “We are maintaining 2024 guidance at 190,000 – 210,000 ounces of gold at an AISC of less than US$1,300/oz. “Our unhedged resources now stand at 12.8 million ounces of gold and Ore Reserves at 6.4 million ounces of gold. “Construction of Kiaka is progressing well for first gold in Q3 2025 and 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." Read the June 2024 Half Year Financial Report summary here: https://loom.ly/qyycicY and full report below: