TSX.V: VMET

Toega is an open pit gold near Burkina Faso’s capital city. It is scheduled to provide 8 years of ore feed to West African Resources’ Sanbrado processing plant via a 14 km haul road.

Open pit mining is on schedule to commence pre-stripping activities in Q4 2025.

West African Resources announced a maiden underground resource at Toega in Q1 2025 as well as a scoping study that outlined the potential for an initial 7 year underground mine life producing an average of 81,000 ounces of gold per year post ramp up in years 2 to 6.

Refer ASX announcements titled “Toega Maiden Underground Resource and Scoping Study” released 18 March 2025 and “WAF gold production to peak at 569koz in 2029” released 6 August 2025, available at westafricanresources.com.

Recent Updates

Mining permit approved March 2024, representing last significant operating permit required for commencement of mining

Explore the portfolio

Discover our growing portfolio of cash-flowing and development royalties and see for yourself what makes Versamet stand out.

Explore Royalties