Finance > Capital-markets

WAF gets strong support for mine development

West African Resources (ASX: WAF) will start underground development at its high-grade Sanbrado gold project in Burkina Faso after receiving strong backing for a A$35 million fundraising that sees its cash holdings near $50 million.

Finance > Capital-markets

WAF gets strong support for mine development

West African Resources (ASX: WAF) will start underground development at its high-grade Sanbrado gold project in Burkina Faso after receiving strong backing for a A$35 million fundraising that sees its cash holdings near $50 million.

WAF gets strong support for mine development

Substantial, sustained drilll campaigns planned by West African Resources.

The pre-development work comes ahead of a feasibility study due this quarter for a plus 200,000 ounce per annum, high-margin operation featuring both opencut and underground mining.