West African Iron Ore Corp. reported that all assays have now been received from drilling on its Wondima target. Results continue to show consistency in grade and thickness as per previous release WAI-NR12-04 dated July 10, 2012.

Assays from 326 Reverse Circulation Holes and 58 Diamond Drill Holes from the Wondima target returned an average grade of 30% Fe. The mineralization is contained within a sub-horizontal iron rich lateritic cap with an average thickness of approximately 8.5 meters, starting from surface. The Wondima target will form the basis of the Company's maiden NI43-101 resource report that is anticipated to be completed by year's end.

SRK Consulting (UK) Limited has completed a full QA/QC analysis of the drilling and assays database as well as a site visit to the Wondima target in early September. The Wondima target is an extensive iron bearing layered prospect that has been identified along the northern extension of the Sambalama/Kaliadi magnetic anomaly (WAI-NR11-01 dated April 18, 2011). The central part of the target where drilling has been concentrated consists of an area of 33km out of a geophysical target of 64 km of raised plateau with a flat and hard iron rich cap.

Iron mineralization starts from surface to a maximum depth of up to 26 meters. WAI commenced drilling in March 2012 on a 400m X 400m grid and completed over 10,000 meters of DDH and RCH late summer. A total of 384 RCH were drilled for 9,955 meters and 65 DDH were completed for 1,088 meters; both RCH and DDH were drilled vertically.