West African Resources Q3 2024 Production Update

West African Resources Limited (ASX:WAF) has released its production update for the September quarter 2024, reporting a solid Q3 gold production of 47,799 ounces and gold sales of 49,643 ounces at an average price of US$2,493 per ounce. The company is on track to meet its 2024 guidance of 190,000 to 210,000 ounces of gold, with open pit mined ounces increasing by 66% in Q3 versus Q2.

Executive Commentary on Q3 Production

Sanbrado production was on plan for Q3 with gold production of 47,799 ounces. Production year-to-date is 155,443 ounces of gold, which sees WAF tracking towards the upper end of our annual production guidance for 2024. We look forward to providing our full quarterly activities report in the coming weeks.

Summary of Q3 2024 Production Update

West African Resources has achieved a solid Q3 gold production, with open pit mined ounces increasing by 66% compared to Q2. The company is on track to meet its 2024 guidance of 190,000 to 210,000 ounces of gold. Despite a decrease in underground mined ounces and gold production in Q3 versus Q2, WAF remains optimistic about its performance. The company's Executive Chairman and CEO, Richard Hyde, expressed confidence in the production results and looks forward to providing the full quarterly activities report soon.