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West African Resources (ASX:WAF) - CEO & Executive Chairman, Richard Hyde
CEO & Executive Chairman, Richard Hyde
Source: The Market Herald
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  • Gold explorer West African Resources (WAF) boasts another successful quarter of production at its Sanbrado Project in Burkina Faso
  • The company tallied a record 63,610 ounces of gold for the June quarter
  • Gold production from its M1 south underground operation was up 116 per cent on the March quarter
  • WAF is expecting to release its full June 2021 quarterly activities report before the end of this month
  • WAF last traded at $1.01 per share

West African Resources (WAF) has reported another record quarter production for its Sanbrado gold mine in Burkina Faso.

The company tallied a record 63,610 ounces of gold for the June quarter.

Gold production at the M1 South underground operation hit 103,550 tonnes at 10.1 grams per tonne for 33,480 ounces gold, a 116 per cent increase over the March quarter.

Notably during the quarter, a maintenance shutdown and mill reline was completed.

CEO Richard Hyde said the underground ramp-up had continued to plan.

“Solid progress was also delivered by open pit mining and processing under pinning the quarterly production result,” he said.

WAF is expecting to release its full June 2021 quarterly activities report before the end of this month.

Just before the market opens for the week, WAF last traded at $1.01 per share.

WAF by the numbers
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