• Group production guidance of 290,000 - 360,000oz gold in CY2025
• Sanbrado production guidance of 190,000 - 210,000oz at site sustaining cost of <$1,350/oz
• Kiaka production guidance of 100,000 - 150,000oz

West African Resources Limited (WAF) is pleased to present its production guidance for the 2025 calendar year. The company is guiding for group production of 290,000 - 360,000oz of gold in 2025, with 190,000 - 210,000oz coming from the Sanbrado mine and 100,000 - 150,000oz from the new Kiaka mine, which is on track to pour first gold in Q3 2025. Sanbrado's site sustaining cost is expected to be less than $1,350/oz. WAF will provide cost guidance for Kiaka after a period of steady state production. The company plans to invest significant capital at Sanbrado to secure its long-term low-cost gold production, including development of the Toega open pit and the M5 Underground. WAF also plans over 115,000m of drilling across Sanbrado and Kiaka in 2025, targeting depth extensions and near-surface anomalies to further increase gold resources and extend mine lives. An updated Resources, Reserves and 10-year Production Plan is scheduled for release in late Q2 2025.

Group gold production guidance of 290,000 - 360,000oz in CY2025. Sanbrado production guidance of 190,000 - 210,000oz at site sustaining cost of <$1,350/oz.

WAF is on an exciting growth trajectory, with the new Kiaka mine set to commence production in 2025. The company plans significant capital investment and exploration to secure long-term, low-cost gold production from its operations.