WAF – West African Resources

MC- $29m
SP- 18c
Shares- 163m
Options- Nil quoted
Cash- $3.9mSartenga Prospect
In June 2012, significant copper-gold mineralisation was intercepted in the third line of wide-spaced (400m) aircore drilling at Sartenga, in the central portion of the broad 6.2km by 1.4km auger gold-only anomaly.
The copper-gold results at Sartenga are West African’s most significant drilling results to date.
-SAC0119 intersected 57m at 0.88g/t Au, ending in 9m at 2.16 g/t Au at 61m depth.
-SDH001 was drilled parallel to SAC0119 and returned 72.8m at 1.08 g/t Au and 0.48% Cu including a high-grade zone of 21m at 2.31 g/t Au and 1.09% Cu from 51m.
-SDH001 terminated in mineralisation (> 0.5 Au g/t) at 78.8m due to technical reasons.
On inspection of the drill core from SDH001, extensive silicification and copper mineralisation was noted by West African geologists from 55m to the end of the hole at 78.8m. Subsequently, SAC0119 was re-analysed for copper, and returned 57m at 0.44% Cu, ending in 9m at 0.99% Cu.
Consecutive aircore holes SAC116 to SAC121 on Line 3 all ended in gold copper mineralisation over a width projected to surface of over 150m. Subsequent to the end of the quarter, 15 holes were reassayed for copper. Results for holes SAC117 to SAC121 include:
– SAC0116 – 40m at 0.45 g/t Au and 0.38% Cu from 8m
– SAC0117 – 36m at 0.26 g/t Au and 0.44% Cu from 8m
– SAC0118 – 39m at 0.44 g/t Au and 0.36% Cu from 8m
– SAC0119 – 57m at 0.88 g/t Au and 0.44% Cu from 4m
– SAC0120 – 54m at 0.35 g/t Au and 0.12% Cu from surface
– SAC0121 – 40m at 0.67 g/t Au and 0.10% Cu from 20m
On Line 2, located 400m to the southwest of Line 3, consecutive aircore holes SAC079 to SAC082 all ended in gold and copper mineralisation over a width projected to surface of over 100m.
Results for these holes include:
– SAC079 – 11m at 0.57 g/t Au and 0.21% Cu from 48m
– SAC080 – 28m at 0.32 g/t Au and 0.13% Cu from 16m
– SAC081 – 53m at 0.45 g/t Au and 0.20% Cu from 8m
– SAC082 – 36m at 0.38 g/t Au and 0.10% Cu from 4m

Moktedu Prospect
Moktedu is located in the southwest corner of West African’s 100%-owned Boulsa Gold Project, 4km northeast of Orezone Gold Corp’s 3.5Moz Au Bomboré deposit in Burkina Faso. The Moktedu Trend Prospect encompasses a 10km mineralised trend of coincident RAB, auger and magnetic anomalies.
During the June quarter 2012, a 2,300m RC drilling program commenced at the Moktedu Prospect. Drilling was completed with a local contractor and was designed to test high-grade gold mineralisation at up to 150m depth.
Deep RC drilling followed-up significant results returned from recent aircore, RC and diamond drilling (DD) at Moktedu including:
– KOAC0098 8m at 1.71 g/t Au from surface
– KOAC0099 4m at 8.39 g/t Au from 4m
– KORC0001 6m at 8.36 g/t Au from surface, including 1m at 42.95g/t Au
– KORC0014 3m at 7.64 g/t Au from 33m, including 1m at 20.93g/t Au
– KODT004 21m at 1.13 g/t Au from 121m, including 1m at 10.96g/t Au
– KODT005 6m at 5.78 g/t Au from 74m, including 1m at 28.40g/t Au

Other Prospects
During the period, regional auger drilling programs were carried out on the Boto, Goudre, Nyonare and Solga permits, while infill auger drilling was completed on the Sondo and Sondo Sud permits. RAB drilling was undertaken on the Zam Sud (SW Moktedu) and Meguet prospects, within the Zam permit.
West African will keep the market informed as results are received. The Company is targeting its first resource estimate in late 2012.

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