Awalé Extends Charger at Depth with Four High-Grade Hits, Including 16.4 g/t Gold Over 52 Metres
HIGHLIGHTS52m @ 16.4 g/t gold from 256m downhole in hole OEDD-148, including 11m @ 70.3 g/t gold from 279m33m @ 5.2 g/t gold from 276m downhole in hole OEDD-146, including 16m @ 6.8 g/t gold from 280m10m @ 12 g/t gold from 273m downhole in hole OEDD-145, including 7m @ 16.7 g/t gold from 275mCharger's high-grade gold system continues to expand, with these results extending mineralization 70 metres deeperImproved understanding of structural and mineralization controls guiding ongoing successAdditional drilling now...
2025-06-25 7:00 AM EDT
Awalé Extends Fremen Target Footprint by 5 km and Confirms New Gold Mineralization on its 100%-Owned Ground
HIGHLIGHTSNew +5 km gold-in-termitaria footprint identified, extending the Fremen target southwardPotential for standalone discoveries on 100%-owned Awalé propertiesAdditional scout drilling set to begin in JuneDrilling confirms near-surface mineralization along strike from BBM discoveryConfirming significant gold-mineralized trend stretching +10 km within 100%-owned groundToronto, Ontario--(Newsfile Corp. - June 16, 2025) - Awalé Resources Limited (TSXV: ARIC) ("Awalé" or the "Company") is pleased to report a 5-kilometre ("km") extension of the Fremen target, based on results from termite mound sampling. In addition, g
2025-06-16 7:00 AM EDT
Awalé Announces Closing of Strategic Investment by Fortuna Mining
Toronto, Ontario--(Newsfile Corp. - June 11, 2025) - Awalé Resources Limited (TSXV: ARIC) ("Awalé" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement with Fortuna Mining Corp. (TSX: FVI) (NYSE: FSM) ("Fortuna"), pursuant to a subscription agreement (the "Agreement") between the parties. Under the terms of the Agreement, Fortuna purchased 15,037,593 common shares of the Company (the "Shares") at a price of US$0.399 (C$0.55) per Share, for gross proceeds of US$6,000,000 (C$8,264,999)...
2025-06-11 4:01 PM EDT
Awalé Announces Strategic Investment by Fortuna Mining
Highlights:C$8.26 million (US$6 million) investment by Fortuna for a 15% equity stake in Awalé at a premium and with no warrants.Funding accelerates exploration on Awalé's 100%-owned 1,549 km2 properties at the Odienné Project targeting IOCG-style systems.Fortuna brings strategic partnership and proven operational expertise in Côte d'Ivoire.Investment validates Awalé's technical team, exploration strategy, and district-scale discovery potential.Toronto, Ontario--(Newsfile Corp. - May 29, 2025) - Awalé Resources Limited (TSXV: ARIC) ("Awalé" or the "Company") is pleased to announce an C$8.26
2025-05-29 7:00 AM EDT
Awalé Hits 5.2 g/t Gold over 15 Metres Among Multiple High-Grade Intercepts at the Empire Target, Odienné Project
HIGHLIGHTS15m @ 5.2 g/t gold from 215m downhole in hole OEDD-12716m @ 3.0 g/t gold from 44m in hole OEDD-11419m @ 2.3 g/t gold from 76m in hole OEDD-12439m @ 1.4 g/t gold from 97m in hole OEDD-126Notable previous results include 15m @ 13.1 g/t gold in hole OEDD-24Empire is a high-grade target on a 20 km-long corridor located 3 km from ChargerToronto, Ontario--(Newsfile Corp. - May 12, 2025) - Awalé Resources Limited (TSXV: ARIC) ("Awalé" or the "Company") is...
2025-05-12 7:00 AM EDT
Awalé Awarded Exploration Permits for 100%-Owned Properties, Odienné Project
HighlightsAwalé granted 100%-owned permits for Sama and Seydou at Odienné, covering 686.55 km², renewable over 10 years.Exploration underway, targeting scout drilling by early 2026, with mapping, sampling, and airborne surveys.New permits strengthen Awalé's discovery track record in the emerging Odienné district.Toronto, Ontario--(Newsfile Corp. - April 29, 2025) - Awalé Resources Limited (TSXV: ARIC) ("Awalé" or the "Company") is delighted to announce that it has been granted exploration permits for the 100%-owned PR-991 ("Sama") and PR-992 ("Seydou") properties, that are part...
2025-04-29 7:00 AM EDT
Awalé Hits 12 g/t Gold over 26 Metres Among Multiple High-Grade Intercepts at the Charger Target, Odienné Project
HIGHLIGHTS26m @ 12 g/t gold from 146m downhole in hole OEDD-12095m @ 1.8 g/t gold from 170m in OEDD-118Discovered a new parallel mineralized zone 50m from Charger's high-grade corridor, containing:26m @ 2 g/t gold from 134m in OEDD-137Shallow mineralization, at less than 70m depth, in OEDD-136 and OEDD-121, including:4.0m @ 18.5 g/t gold from 67m in OEDD-1211.5m @ 13.4 g/t gold from surface in OEDD-1363.0m @ 3.2 g/t gold from 6.5m in OEDD-1366.5m @ 4.4 g/t gold from 28.5m in...
2025-04-17 7:30 AM EDT
Awalé Hits 1.6 g/t Gold Eq. over 45 Metres at the BBM Zone, Odienné Project
HIGHLIGHTS45m @ 1.6 grams per tonne ("g/t") gold equivalent ("AuEq.") from 220m in OEDD-131,including 4m @ 2.6 g/t Au, 0.55% Cu, and 449ppm Mo from 241m.37m @ 0.8 g/t AuEq. from 159m downhole in OEDD-133.BBM has now confirmed consistent mineralization over 1km down to a depth of 300m below surface, with average true widths1 ranging from 30m in the core zone to 22m over the entire 1km drilled strike.Several holes below 300m depth show mineralization is open down plunge.All assays...
2025-04-08 7:30 AM EDT
Awalé Completes Drilling on BBM Satellite Targets at the Odienné Project
HIGHLIGHTS2,416 metres of RC drilling in 28 holes completed over the BBM satellite targets, with initial results expected in Q2 2025.The program comprised of 4 scout drill lines consisting of approximately 7 shallow RC holes over higher order geochemical anomalies within the BBM trend.Satellite targets hold potential for new discoveries within 1 to 3 kilometres from BBM.Awalé also awaits results from drilling at the Charger, Empire, Fremen, and Lando targets.Toronto, Ontario--(Newsfile Corp. - April 2, 2025) - Awalé Resources Limited...
2025-04-02 7:00 AM EDT
Awalé Commences Drilling at the Lando Target, Odienné Project
HIGHLIGHTSCommenced a 2,600-metre drill program across 25 holes at Lando.Lando is a substantial copper geochemical footprint, both in size and tenor, including a 4km-long gold-copper-molybdenum anomaly that will be tested.Lando is located 10km northwest of the BBM target and 17km north of the Sceptre target.Geological Significance: Lando shares structural similarities with BBM and lies on the northeast side of the same major structure, highlighting its potential within Odienné's broader mineralized system.Toronto, Ontario--(Newsfile Corp. - March 20, 2025) - Awalé Resources...
2025-03-20 7:00 AM EDT
Awalé Hits 2.0 g/t Gold Eq. over 52 Metres at the BBM Zone, Odienné Project
HIGHLIGHTSHole OEDD-119 intercepted 52m @ 2.0 grams per tonne ("g/t") gold equivalent ("AuEq.") from 197m,including 15m @ 3.6 g/t Au, 0.52% Cu, and 479ppm Mo from 208m, and2m @ 9.3 g/t Au, 0.87% Cu, and 1,206ppm Mo from 215m downhole.Hole OEDD-122 intercepted 32m @ 1.2 g/t AuEq. from 59m downhole.Hole OEDD-119 confirms the higher-grade core to mineralization within a 300m wide plunging shoot.Assays pending for 6 remaining holes from the 22-hole, 6,380m, diamond drill program at BBM.Toronto, Ontario--(Newsfile Corp. -...
2025-03-18 4:00 AM EDT
Awalé Updates on Drilling at High-Grade Gold Charger Target, Odienné Project
HIGHLIGHTSThe Charger zone stands out with some of the highest-grade intercepts in West Africa in the last 12 months, including 32m @ 45.7 g/t Au from 165m downhole in OEDD-83. Awalé is now following up on these high-grade intersections.Charger is a near-surface, high-grade gold discovery hosted within a 200m-long breccia corridor.Ten holes have been completed at Charger, with drilling on two more in progress, with results expected in April/May 2025.Toronto, Ontario--(Newsfile Corp. - March 13, 2025) - Awalé Resources Limited...
2025-03-13 7:00 AM EDT
Awalé Hits 1.4 g/t Gold Eq. over 60 Metres at the BBM Zone, Odienné Project
HIGHLIGHTS 60m @ 1.4 grams per tonne ("g/t") gold equivalent ("AuEq.") from 53m, including 9m @ 4.2 g/t AuEq. from 98m downhole in OEDD-111.33m @ 1.1 g/t AuEq., including 15m @ 1.4 g/t AuEq. from 272m downhole in OEDD-110.42m @ 0.9 g/t AuEq., including 14m @ 1.7 g/t AuEq. from 336m downhole in hole OEDD-109.Drilling continues to demonstrate excellent continuity over broad width and gold tenor.A total of 6,380m of drilling was completed across 22 holes and one re-entry hole.Toronto,...
2025-03-03 7:00 AM EST
Awalé Provides Progress Update for Odienné Project
HIGHLIGHTSCompleted 2,014m scout RC drill program across 22 holes over high-priority geochemical and IP anomalies at the 100%-owned Fremen target, with initial results expected in April 2025.Completed a 150-line-km IP geophysics survey covering over 15km of strike along the BBM trend, with final processed images expected in March 2025.Commenced up to 4,000m of RC drilling on the BBM extensions, with initial results expected in April/May 2025.Completed 6,380m of DD across 22 holes and one re-entry hole at BBM.Continuing with 2,500m...
2025-02-27 7:00 AM EST
Awalé Hits 2.2 g/t Gold Eq. over 29 Metres at the BBM Zone, Odienné Project
HIGHLIGHTS29m @ 2.2 grams per tonne ("g/t") gold equivalent ("AuEq."), including 10m @ 2.8 g/t AuEq. from 93m downhole in OEDD-105.28m @ 1.3 g/t AuEq., including 5m @ 1.8 g/t AuEq. from 256m downhole in OEDD-108.Drilling continues to demonstrate excellent continuity over significant width and gold tenor.A total of 6,380m of drilling was completed across 22 holes and one re-entry hole, marking the completion of this phase at BBM.Drilling continues at the Fremen, Charger, and Empire targets.Toronto, Ontario--(Newsfile Corp. -...
2025-02-18 7:15 AM EST
Awalé Completes Geophysics and Commences Drilling at the 100%-Owned Fremen Target
HIGHLIGHTSCompleted a 50-line-kilometre IP geophysics survey covering over 5km of the 100%-owned Fremen target.IP survey identifies chargeable/resistive anomalies that align with a 3.5km-long gold footprint.Commencing discovery drilling with a 2,000m scout reverse circulation drill program.The IP survey is ongoing along the BBM trend.Exploration efforts to date had primarily focused on just 400 km² of the expansive 2,489 km² Odienné project land package. With regional-scale exploration now expanding beyond this initial area, significant untapped potential remains within the 100%-owned Awalé permit...
2025-02-11 7:00 AM EST
Awalé Hits 2.5 g/t Gold Eq. over 34 Metres at the BBM Zone, Odienné Project
HIGHLIGHTS34m @ 2.5 grams per tonne ("g/t") gold equivalent ("AuEq."), including 12m @ 3.5 g/t AuEq. from 323m downhole in OEDD-104.29m @ 1.2 g/t AuEq., including 14m @ 1.8 g/t AuEq. from 82m downhole in OEDD-103.Drilling continues to demonstrate excellent continuity over significant width and gold tenor at BBM.With the success of drilling results, the Company has increased the drill program at BBM from 3000m to 7000m.Drilling at Charger is progressing to plan, with drilling at Empire to follow suit.Vancouver,...
2025-01-29 7:00 AM EST
Awalé's Transformative 2024 Sets the Stage for an Ambitious 2025
HIGHLIGHTSCharger Zone: A significant gold target in Awalé's portfolio, marking a transformative achievement in 2024 with some of the highest-grade intercepts in Africa in the last 12 months.BBM Zone and Trend: Successful delineation and expansion of a significant gold and copper target with district scale potential for growth.Financial Strength: Well-funded with nearly $10M on hand for 100%-owned property exploration and a robust partnership with Newmont.Strengthened Leadership: New additions to the Board and Management bring aligned focus, driving Awalé's strategic growth...
2025-01-13 7:00 AM EST
Awalé Expands BBM Trend to Over 15km with Additional Newly Defined Targets Boba and Fett
HIGHLIGHTSBBM trend now extends over 15km, from Awalé's 100%-owned Fremen target in the south to the Boba and Fett targets in the north.Boba and Fett have been defined along strike from BBM, highlighting the fertile and open BBM trend.150 line-km of Induced Polarization ("IP") geophysics is planned to cover the entire BBM trend and is scheduled for completion in January.An additional up to 7,000 metre drill program will begin in February following the completion of these IP surveys.Vancouver, British Columbia--(Newsfile...
2024-12-19 7:00 AM EST
Awalé Commences 4000-Metre Diamond Drilling Program at the BBM and Charger Zones, Odienné JV Project
HIGHLIGHTSAwalé has commenced a 4000m diamond drill program at the BBM and Charger Zones.BBM drilling to focus on both expanding and confirming the 600m mineralized core toward the NW and SE.Charger drilling will test the new high-grade model for continuity and expansion.Drilling is fully funded by Newmont.Vancouver, British Columbia--(Newsfile Corp. - December 5, 2024) - Awalé Resources Limited (TSXV: ARIC) ("Awalé" or the "Company") is pleased to announce the commencement of drilling at the BBM and Charger Zones within the...
2024-12-05 7:00 AM EST