HIGHLIGHTS 35m @ 3.3 g/t gold equivalent and 17m @ 2.4 g/t Au Eq. in OEDD-89 52m @ 2.0 g/t Au Eq. in OEDD-90 32m @ 2.1 g/t Au Eq. in OEDD-92 BBM's strike length expanded from around 400 to over 600 metres, with mineralization defined from surface to 250 metres depth with true widths of up to 50 metres. Assay results are pending for 6 more holes from this drill program, from both BBM and Charger. Awalé will start a new [...]
Awalé Resources Ltd. is pleased to announce the strategic appointment of personnel, strengthening the Company's leadership team as it advances the Odienné Project in Côte d'Ivoire toward becoming an exceptional mining camp. Andrew Chubb, CEO of Awalé Resources, commented, "I am delighted to welcome a group of skilled and seasoned professionals to the Awalé team. Awalé is moving into an exciting new chapter and the [...]
HIGHLIGHTS 20 g/t gold over 29m, 580 gram meters gold from 149m downhole in OEDD-88 Including 39.5 g/t gold over 8m from 149m downhole OEDD-88's mineralization is well distributed across the reported intersection without any significant nugget effect Mineralization is 50m SSW of previously reported 46 g/t gold over 32m in OEDD-83 Drilling confirms these breccia zones are linked to OEDD-83 mineralization, indicating [...]
Awalé Resources is pleased to welcome two new members and the appointment of current member Stephen Stewart as Chair of the board of directors. Mr. Robin Birchall and Mr. Derk Hartman will be stepping down from their positions, allowing for Awalé to welcome Mr. Anthony Moreau and Mr. Karl Akueson as new directors. Andrew Chubb, CEO of the Company, commented: "We welcome these changes to our board as the Company [...]
Awalé Resources , is pleased to announce Newmont has progressed to Phase 2 of the Earn-In agreement over the Odienné Joint Venture Project. This is a significant milestone that underscores the ongoing success and potential of the Odienné Gold-Copper Project through which Newmont could earn a further 14% interest via 10 million in exploration expenditure and defining a minimum 2 million ounce gold resource. "This potential [...]
Awalé Resources is pleased to announce that it has closed the bought-deal private placement initially announced on April 17, 2024. The Company issued 18,549,500 units of the Company at a price of C$0.62 per Unit for aggregate gross proceeds of $11,500,690. The Offering was underwritten by Canaccord Genuity Corp. on behalf of a syndicate of underwriters . Each Unit consists of one common [...]
Further to the news release of April 17, 2024, Awalé Resources announces further details and an increase regarding the participation right of its current shareholder. The shareholder has the right to maintain its percentage holding post offering. In order to account for the full Underwritten Offering , a maximum of approximately 3,989,323 Units at a price of $0.62 per Unit may be issued to this shareholder for [...]
Awalé Resources is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a bought-deal private placement basis, 16,130,000 units of the Corporation at a price of C$0.62 per Unit for gross proceeds of C$10,000,600. Each Unit will consist of one common share of the Corporation and [...]
Highlights: New drill program is now underway at Charger following up on Awale's recent drill intercept of 26 g/t gold over 57m, including 45.7 g/t gold over 32m from 165m downhole A second rig will soon commence drilling at the BBM Prospect to follow up on its 75m @ 2.4 g/t gold equivalent intercept Drilling is fully funded by Newmont Awalé Resources , is pleased to announce the commencement of a 3,000 metre diamond [...]
HIGHLIGHTS 26 g/t gold over 57m, 1487 gram meters gold from 164m downhole in OEDD-83 Including 45.7 g/t gold over 32m @ from 165m downhole Mineralization is consistently high grade throughout the reported interval One of the highest-grade gold intersections in Africa in decades A follow-up drill program is scheduled to begin in April, with 25,000 meters planned for 2024 Awalé Resources Ltd. is delighted to report [...]
HIGHLIGHTS: 75m @ 2.4 g/t gold equivalent from 242m downhole* in OEDD-74 44m @ 2.5 g/t Au Eq from 131m downhole* in OEDD-65 40m @ 1.9 g/t Au Eq from 194m downhole* in OEDD-76 39m @ 1.6 g/t Au Eq from 60m downhole* in OEDD-64 Assay results from the Charger target are expected soon A follow-up drill program is scheduled to begin in April Awalé Resources Ltd.. is delighted to report significant assay results at the Odienné [...]
Highlights: 21-hole, ~4,000 metre drill program that began in December is now complete, with preliminary assays expected in March Drilling at BBM, Charger and Lando intercepted significant widths of alteration and mineralization A new video is now published highlighting the impressions of this drill program Awalé Resources Ltd.. is pleased to announce that we have recently completed a 21 hole 3932m Diamond drill program [...]
