Appoints Colin Jones as Non-Executive Director
Perth, Feb 28, 2014 AEST (ABN Newswire) - West African Resources Limited (
ASX:WAF) (CVE:WAF) is pleased to announce it has appointed Colin Jones as a Non-Executive Director to its Board.
Mr Jones will replace Stephen Ross on the Board. His appointment follows West African's acquisition of TSXV-listed Channel Resources Ltd. West African is now listed on both the Australian Securities Exchange (ASX) and the Toronto Stock Exchange Venture (TSXV) index.
Mr Jones has 30 years of experience as a mining, exploration and consulting geologist and is experienced in a number of different geological environments. He has worked on all continents on producing mines, as part of feasibility teams and also in exploration. He was most recently Executive Vice President at Dundee Resources Limited in Toronto. He is a Director of Geodrill Ltd (CVE:GEO) and of Eurotin Inc. (CVE:TIN).
"We are excited to have Colin join us on the Board of West African as he brings a great deal of knowledge and experience to the team, and we believe this will be invaluable to us," West African Managing Director Richard Hyde said.
"His appointment will also help us build and strengthen relationships in the North American market following our recent TSXV listing."
Mr Hyde thanked outgoing Non-Executive Director Mr Ross for his contribution to the West African Board over the past four years.
Mr Ross is Managing Director of Manas Resources Limited, which is focused on developing the Shambesai Gold Project in the Kyrgyz Republic.
"Stephen has been with us at West African for many important milestones, and we are grateful to him for his work during his time on the Board," he said.
"Stephen now wishes to concentrate on project finance negotiations and steering Manas towards production."
West African is currently drilling at the Mankarga 5 gold project on the Tanlouka Permit, part of the Boulsa Gold Project, in Burkina Faso. Drilling programs in conjunction with a reinterpretation of the Mankarga 5 deposit will lead to resource update studies towards the end of Q1 2014. The Company recently purchased a second-hand heap leach plant for the Mankarga 5 gold project at substantially below replacement cost. West African Resources Ltd aims to be a +50,000oz per annum gold producer within two years, subject to study outcomes.
About West African Resources Limited
West African Resources Limited (
ASX:WAF) (CVE:WAF) is a gold-copper exploration company dedicated to creating shareholder value through the acquisition, exploration and development of resource projects in Burkina Faso, West Africa.
West African has a landholding of 6,370sq km and 200km of strike length of early Proterozoic Birimian greenstone belts, which are highly prospective for gold mineralisation.
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