West African Resources (ASX:WAF) hit gold from a maiden grade control drill program conducted at the Kiaka gold project in Burkina Faso, according to a Tuesday filing with the Australian bourse.
The program validated mineralization of up to 200 meters from the surface with yields of up to 18 meters at 6.3 grams per tonne grade of gold, the miner said in the filing.
The mining firm is on time and on budget to start mining activities in the area by the first quarter of 2025, the filing added.
West African Resources' shares were down more than 1% in recent Tuesday trade.
Price (AUD): $1.78, Change: $-0.03, Percent Change: -1.39%
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