Projects

Overview

West African Minerals Corporation is an iron ore exploration and mining group focused on the acquisition of interests in early stage iron ore exploration projects in Africa.

Through its 100% owned subsidiary Compagnie Minière du Cameroun SA, WAFM owns exploration licenses in Cameroon spanning the coastal regions near existing and developing ports - the Sanaga permit near the Port of Douala; and the Binga permit near the Kribi deepwater seaport.  A mineral resource estimate is available for the Binga permit, while the Company is currently undertaking infill drilling towards a maiden MRE at South Sanaga.  Management’s focus is on de-risking the best of these near coastal opportunities to deliver substantial real value to shareholders in the form of low capital and operating cost, easily developed iron ore production.

The Company’s larger permits to the southeast in Cameroon along the extensive iron ore corridor that hosts other advanced deposits, provide significant long term growth potential.  They comprise the North and South Djadom permits located immediately adjacent to the Mbalam project, and the Lélé permit to the west.  Inferred MREs have been reported to date at the South Djadom permit. more information