Highlights
ASX: WAF       WEST AFRICAN RESOURCES LIMITED
Last Price Today's Change   Day's Range   Trading Volume
0.435   -0.01 (2.25%)  0.425 - 0.445  905,442

Overview

 
Avg Volume (4 weeks):2,895,833
4 Weeks Range:0.41 - 0.515
4 Weeks Price Volatility (%):
23.81%
52 Weeks Range:0.212 - 0.565
52 Weeks Price Volatility (%):
63.17%
Average Price Target:-

Headlines



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Business Background

West African Resources Limited is a gold exploration company. The Company's principal activity is mineral exploration and feasibility study work focusing primarily on the Boulsa Gold project within Burkina Faso and Niger. The Company has approximately 100% interest in the Tanlouka gold exploration permit in Burkina Faso. The Company is targeting gold production at its Mankarga 5 project in Burkina Faso. The project includes M1 South Prospect and M1 North Prospect. The Company also has over 100% interest in the Sartenga Permit. The Sartenga copper-gold-molybdenum project is a porphyry system. The inferred mineral resources contain approximately 174,000 tons of copper and over 651,000 ounces of gold. The Moktedu prospect is located in the southwestern part of the Boulsa Project. The prospect covers approximately 10 kilometers of strike and it is confined within a northeast trending regional shear. The Company's subsidiaries include Wura Resources Pty Ltd SARL and Swan Resources SARL.

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