(Ecofin Agency) - West African Resources Ltd, gold miner with 25 adjacent licences covering a total of 6,370 km² in Burkina Faso, announced on December 15, it has discovered an extending mineralization 150 m to the north at the emerging eastern zone of the M3 prospect in its Tanlouka licence.

Extending mineralization was revealed by data from Reverse Circulation drilling showing shallow oxide gold of 15 m at 1.2g/t, including 7 m at 2.2g/t Au, from 4m.

Presently, resources in the prospect have not been accounted for in the Mankarga-5 deposit, 2 km away from Mankarga-3, at the center of low-cost gold production via leaching in Tanlouka licence.

The ASX-TSXV listed mining company estimated a reserve increase of about 440,000 ounces of gold whilst forecasting an average production of 69,000 of gold per year over the first three years starting from 2016 at Mankarga-5.

West African Resources Ltd holds 100% shares in the Tanlouka licence including the Mankarga-5 project which is part of the Boulsa project grouping 25 adjacent licences covering a total of 6,370 km² in Burkina Faso.