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WAF West African Resources News Story

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Australia's West African Resources rises after higher quarterly performance

** Shares of Australia's West African Resources WAF.AX rise as much as 3.5% to A$3.84

** Gold explorer posts Q4 gold production of 112,019 oz vs 51,178 oz last year

** Says quarterly gold sales were 105,995 oz at average price of US$4,058/oz compared to unhedged sales of 47,953 oz at average price of US$2,690/oz a year ago

** About 14.9 mln shares change hands, more than double the 30-day average

** Stock up 27% YTD

 (Reporting by Sneha Kumar in Bengaluru)

 ((Sneha.kumar@thomsonreuters.com;))

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