Gold mining company West African Resources’ 2025 updated resources, reserves and ten-year production outlook for its Sanbrado gold operations, including the Toega gold deposit and the Kiaka gold operation in Burkina Faso show that the company’s unhedged resources now stand at 12.2 m oz of gold and ore reserves at 6.5 m oz of gold.

Mineral resources were estimated in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves 2012 edition (‘JORC Code 2012’).

West African’s mineral resources as at 31 December 2024 had decreased by 4% (500,000 oz) compared to the prior year at 31 December 2023. Total mining depletion at Sanbrado during 2024 was 258,000 oz.

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West African executive chairman and CEO Richard Hyde commented: “Our updated ten-year production outlook will see 4.8 m oz of gold produced over the next decade, with production set to peak in 2029 at 569,000 oz of gold. Our unhedged resources now stand at 12.2 m oz of gold and ore reserves at 6.5 m oz of gold.

“We see potential to boost annual production further through targeted drilling programmes extending M5 South underground, beneath M5 North open-pit and infilling Toega underground targets. Our 2025 ten-year production plan demonstrates that we continue to have a robust and sustainable future and will continue making a positive difference to our stakeholders in Burkina Faso over the next decade.”