West African Resources (WFRSF) Stock Price, News & Analysis

Company Overview

West African Resources Limited (OTCMKTS:WFRSF) is an Australia-domiciled gold mining company focused on the exploration, development and operation of gold projects in West Africa. The company’s primary asset is the Sanbrado Gold Project in Burkina Faso, which hosts both open-pit and underground ore bodies. West African Resources holds all necessary mining permits for Sanbrado and maintains a portfolio of exploration licenses across the country.

The Sanbrado Gold Project achieved first gold pour in January 2021 following completion of its Phase I processing plant, which has a nameplate capacity of 1.2 million tonnes per annum. Sanbrado’s ore is processed through a conventional crushing, grinding and carbon-in-leach circuit, producing gold dore bars for sale. The project infrastructure includes tailings storage, a power plant, water management systems and onsite support facilities.

Building on its initial production profile, West African Resources has advanced a Phase II expansion to increase plant throughput to 2.0 million tonnes per annum. The company continues to explore adjacent deposits such as Balogo and Tankoro to extend mine life and enhance project economics. Ongoing exploration drilling and resource definition work aim to convert high-value targets into measured and indicated resources.

West African Resources is led by Managing Director and Chief Executive Officer John Welborn, a geologist with over 20 years of experience in Sub-Saharan African mining. The company emphasizes environmental stewardship, community engagement and local procurement as part of its operational strategy in Burkina Faso. Corporate headquarters are located in Perth, Western Australia, with regional offices supporting onsite activities.

Key Stats

• Today's Range: $2.18 to $2.18
• 50-Day Range: $1.43 to $2.77
• 52-Week Range: $0.75 to $3.46
• Volume: N/A
• Average Volume: 7,450 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:WFRSF
• CIK: N/A
• Web: www.westafricanresources.com
• Phone: (189) 481-7344
• Fax: N/A
• Employees: 729
• Year Founded: N/A

Profitability

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• Pretax Margin: N/A
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• Return on Assets: N/A

Debt

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Sales & Book Value

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Miscellaneous

• Outstanding Shares: N/A
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• Optionable: Not Optionable
• Beta: N/A