West African Resources (ASX:WAF) has announced promising findings from its maiden grade control drilling at the Kiaka Gold Project in Burkina Faso. Significant gold mineralization has been confirmed, with results like 18m at 6.3 g/t gold. The project is on track for mining commencement in early 2025.
West African Resources is advancing its Kiaka Gold Project with successful grade control drilling results, confirming significant gold mineralization. The project is proceeding on schedule, with mining set to begin in early 2025 and first gold production anticipated in Q3 2025. The company aims to produce 4 million ounces over the next decade, with peak production in 2029. The ongoing delivery of mining equipment and continuous exploration efforts underscore WAF's commitment to its production targets and strategic goals.
The significance of these results reinforces our geological model and the low strip ratio of the open-pit design. We are confident in our early production plan, with first gold expected in Q3 2025.