VANCOUVER, Jan. 26, 2012 /CNW/ - West African Iron Ore Corp. (TSX-V: WAI) West African Iron Ore Corp. ("WAI" or the "Company") is pleased to
report that geological mapping over the northern portion of the
Forecariah property has revealed two highly prospective new target
areas south of Wondima.
The Company has initiated a more intensive exploration programme based
on these discoveries.
The new prospects, now known as Wondima and Kantinbanga (north and
northeastern portion of the Forecariah permit - see map), were outlined
by geological crews who are conducting detailed mapping.
The Wondima target is an extensive iron bearing layered prospect that
has been identified along the northern extension of the Sambalama /
Kalyadi magnetic anomaly. The target consists of several zones in
excess of 50km2, which are consistently flat lying, or with a very shallow dip to the
The iron bearing horizons are mainly composed of hematite oolites and
pisolites with magnetite gravels. The upper part of the iron cap forms
a hardened accumulation of silica, alumina and iron oxide. Several
polymictic pebbles including gneiss, quartzite, quartz, and
amphibolites fragments have been observed on top of the iron bearing
At least three different layers of this hardened, iron rich horizon have
been observed at a river cut near the edge of second Plateau (located
near by Amaraya - see map).
Based on results obtained in the field on grab samples analysed using a
Niton XRF analyser, the Company has initiated a more intensive
exploration programme on Wondima. This work will include systematic
mapping and pit sampling of the iron rich horizons over an area in
excess of 50km2 in order to better understand the sub-surface lithology. Depending upon
these results and the availability of personnel, a follow-up gravity
survey over a 3km by 2km area is being planned to generate initial
Currently, Fugro Ground Geophysics PTY Ltd. of Australia is conducting a
ground gravity survey on the Sambalama and Kalyadi targets and should
be completed by the end of February. The intent, if logistics allow,
would be for the geophysical team to continue their work on Wondima.
The 2nd target, Kantinbanga, a magnetite quartzite anomaly which appears to
have a strike length of approximately 2km and a width of at least 500m,
is currently being mapped.
Please see map for targets location within the Forecariah permit at: http://www.westafricanironore.com/pdfs/Target_Generation_Areas_Forecariah.pdf.
Sampling and Quality Control
The Company prepared all cuttings, on site, from the reverse
circulation-drilling program. SRK Consulting of Australia inspected our
facility and confirmed our quality control program .All samples
analysed were conducted by SGS Canada Inc. in Lakefield, Ontario in
The Company maintains a systematic quality control program including the
use of standards, blanks, duplicates, and an independent check
laboratory. The DDH (Diamond Drill Hole) Assay samples collected are
sent to SGS South Africa (Pty) Ltd., and the RCH (Reverse Circulation
Hole) assay samples are sent to SGS Canada Inc. in Lakefield, Ontario.
The performance of the quality control samples associated with these
data indicates acceptable analytical quality. Please refer to the NI
43-101 Technical Report, which is filed on SEDAR and available on the
Company's website, for further discussion of sample methodology,
detailed quality control procedures and other information regarding the
Jonathan Challis, FIMMM, is a qualified person under National Instrument
43-101, and has reviewed and is responsible for the contents of this
ON BEHALF OF THE BOARD
Statements in this release that are forward-looking statements are
subject to various risks and uncertainties, certain of which are beyond
the control of the Company including, but not limited to, the impact of
general economic conditions, industry conditions, volatility of
commodity prices, risks associated with the uncertainty of exploration
results and estimates and that the resource potential will be achieved
on exploration projects, currency fluctuations, dependence upon
regulatory approvals, the uncertainty of obtaining additional financing
and exploration risk. Readers should also refer to the specific factors
disclosed under the heading "Risk Factors" in the Company's filings
with Canadian securities regulators. Such information contained herein
represents management's best judgment as of the date hereof based on
information currently available. The Company does not assume any
obligation to update any forward-looking statements, save and except as
may be required by applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE West African Iron Ore Corp.
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