West African Iron Ore Corp.

Metal Investment News – WAI Iron Ore Drills Wondima Target

wai-admin — Thu, 10 May 2012 04:59:03 +0000

The International Monetary Fund (IMF) recently announced that democratic reforms in the West African country of Guinea make it a candidate for debt relief. Last week the Paris club of creditor governments agreed to provide $344 million in debt relief to Guinea, including more than $151 million in debt cancellation…

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Metal Investment News – WAI Iron Ore Drills Wondima Target – May 9, 2012

Issue 08 West African Iron Ore – Project Update

wai-admin — Sat, 05 May 2012 04:05:38 +0000

The Iron Ore sector continues to be a major story for 2012. The amount of cash pouring in for mergers, acquisitions and development projects is in the billions. West Africa is the place to be for exploration and infrastructure spending. West African Iron Ore whose prospects look good just a few months ago, are now looking exceptionally prospective due to a new discovery area which I believe is a proverbial “company maker.”…

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Issue 08 West African Iron Ore – Project Update – May. 4, 2012

Growth Stocks Investor – Major’s Interest in WAI

wai-admin — Sat, 05 May 2012 04:02:49 +0000

Billed “the world’s biggest mining takeover” Glencore International Plc recently agreed to buy Xstrata to create a business with $209 billion in annual sales. In explaining the strategy, Glencore CEO Ivan Glasenberg stated that the company was specifically looking for investments in iron ore….

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Growth Stocks Investor – Major’s Interest in WAI – Apr. 29, 2012

WAI Starts Drilling The Wondima Target

wai-admin — Wed, 21 Mar 2012 20:53:43 +0000

Vancouver, BC – West African Iron Ore Corp. (“WAI” or the “Company”) is pleased to report start of an 8,000 meter reverse circulation drilling campaign on the Wondima target. The prospect was discovered as a result of a follow-up geological mapping and surface sampling progamme over the northern portion of the Forecariah property…

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WAI Starts Drilling The Wondima Target – March 21, 2012

Metal Investment News – Transportation Advantage Goes to WAI

wai-admin — Tue, 28 Feb 2012 03:11:42 +0000

At $140 a tonne, iron ore is half the price of bulk potatoes by weight, 60 x cheaper than copper, 7,000 x cheaper than silver and 400,000 x cheaper than gold. Moving millions of tonnes of ore is expensive. Not surprisingly, the economics of an iron ore project will often hinge on the cost of transportation…

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Metal Investment News – Transportation Advantage Goes to WAI – Feb. 28, 2012

WAI Outlines Additional Targets On Forécariah Property

wai-admin — Fri, 27 Jan 2012 00:43:33 +0000

Vancouver, BC – 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…

Download the Target Generation Areas on Forécariah.

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WAI Outlines Additional Targets On Forécariah Property – January 26, 2012

WAI Intersects High Grade Iron Ore Mineralization in 19 Drill Holes at Sambalama

wai-admin — Mon, 23 Jan 2012 14:22:18 +0000

Vancouver, BC – West African Iron Ore (“WAI” or the “Company”) is pleased to report new assays from 7 new reverse circulation holes and complete assays from 12 reverse circulation drill holes where partial results had previously been released (November 10th and 20th, 2011). The results clearly demonstrate thick intersections and continuity of near surface and sub-surface iron ore mineralization at the Sambalama target in Guinea. Sambalama is located just 40km from the proposed deep-sea port recently announced by the Guinean government, potentially giving WAI’s project a significant operating cost advantage over other iron ore projects in West Africa…

Download the Sambalama Drill Holes On Forécariah Geological Map.

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WAI Intersects High Grade Iron Ore Mineralization in 19 Drill Holes at Sambalama – January 23, 2012

West African Iron Ore Resource Opportunities (Dec 2011)

wai-admin — Thu, 19 Jan 2012 11:58:34 +0000

WAI is exploring two large iron ore concessions in Guinea, West Africa. Other companies, including one of the majors, are developing iron mines in Guinea. WAI will benefit from the infrastructure developed for those mines….

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West African Iron Ore Resource Opportunities (Dec 2011)

Metal Investment News – African Explorer Confirms High-Grade Iron Ore Deposit

wai-admin — Wed, 30 Nov 2011 00:49:14 +0000

Iron ore prices have surged 24% in November to $147.40 per metric ton. Despite fears of a “hard landing” in China, Morgan Stanley estimates Chinese infrastructure spending for 2012 to be around $1 trillion. By 2017 it will be $1.8 trillion – an 80% increase…

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Metal Investment News – African Explorer Confirms High-Grade Iron Ore Deposit – Nov. 28, 2011

WAI Phase One Drilling Continues to Intersect High Grade Iron Ore Mineralization － Sambalama

wai-admin — Wed, 23 Nov 2011 05:13:24 +0000

Vancouver, BC – West African Iron Ore (“WAI” or the “Company”) is pleased to report substantial intersections of near surface and sub-surface, high-grade iron ore mineralization from its on-going phase one drilling program. The current set of results just received from SGS analytical facilities in both South Africa and Canada include partial results for five (5) reverse circulation (RC) drill holes and complete results for SAMRC 011…

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WAI Phase One Drilling Continues to Intersect High Grade Iron Ore Minerlization – Sambalama – November 22, 2011