Awalé Hits 2.7 g/t Gold Eq. over 27 Metres at the BBM Zone, Odienné Project
HIGHLIGHTS27m @ 2.7 grams per tonne ("g/t") gold equivalent (AuEq.), including 12m @ 3.9 g/t AuEq. from 435m downhole in OEDD-98.10m @ 2.8 g/t AuEq. within 22m @ 2 g/t AuEq. from 454m downhole in OEDD-97.Deeper drilling shows the BBM system remains open at depth and down plunge, with mineralization defined from surface to over 330 metres vertical depth.Awalé has recently commenced a 4000m diamond drill program, fully funded by Newmont as part of a broader campaign that will continue...
2024-11-18 7:00 AM EST
Awalé Hits 14.7 g/t Gold over 59 Metres at the Charger Zone, Odienné Project
HIGHLIGHTS14.7 g/t gold ("Au") over 59 metres ("m"), or 868-gram-metres gold, from 96m downhole, including 22.4 g/t Au over 21m from 143m downhole in Hole OEDD-100.OEDD-100 is a 'scissor' hole collared:200m southwest of hole OEDD-83, which previously returned 26 g/t Au over 57m; and25m east of OEDD-88, which previously returned 20 g/t Au over 29m.Awalé has reported three of the highest-grade intercepts in West Africa over the past 12 months.Uniform mineralization across reported intersection, with no nugget effect. Results confirm...
2024-11-11 7:00 AM EST
Awalé Uncovers 3.5km Gold Footprint on 100%-Owned Ground and on Trend from the BBM Discovery
HIGHLIGHTSGreater than 37ppb gold footprint over a 3.5 kilometre open trend with peak value of 1.3 grams gold.The 'Sienso' gold footprint is next door to the BBM discovery - only 4km away. Was revealed by the same Termite Mound sampling methodology used at BBM.The 'Sienso' trend remains open to the south.'Sienso' is situated within 100% Awalé owned property. Vancouver, British Columbia--(Newsfile Corp. - October 22, 2024) - Awalé Resources Limited. (TSXV: ARIC) ("Awalé" or the "Company") is pleased to announce...
2024-10-22 7:00 AM EDT
Awalé Update: Newmont to Exercise 10% Minority Interest Option on the Odienné Joint Venture
Vancouver, British Columbia--(Newsfile Corp. - October 15, 2024) - Awalé Resources Limited (TSXV: ARIC) ("Awalé" or the "Company") announces that Newmont Ventures Limited, a wholly owned subsidiary of Newmont Corporation (NYSE: NEM) (TSX: NGT) (ASX: NEM) (PNGX: NEM) ("Newmont"), has provided notice of its intention to acquire the 10% minority equity interest in the Odienné Joint Venture (JV) Project in Côte d'Ivoire (see Figure 1). The minority interest is currently held by the shareholders of Africa New Geological Technologies Côte...
2024-10-15 7:00 AM EDT
Awalé Announces Voting Results from Annual General & Special Meeting of Shareholders and Grant of Options and Share Units
Vancouver, British Columbia--(Newsfile Corp. - September 19, 2024) - Awalé Resources Limited. (TSXV: ARIC) ("Awalé" or the "Company") is pleased to announce the results of voting at its annual general and special meeting of shareholders which was held on September 17, 2024, in Toronto, ON (the "Meeting"). Full details of all the voting results for the 2024 Meeting are available on SEDAR+ at www.sedarplus.ca. The total number of shares represented by shareholders present in person and by proxy at the...
2024-09-19 8:59 AM EDT
Awalé Hits Multiple High-Grade Intercepts, including 3.3 g/t Gold Eq. over 35 Metres at the BBM Zone, Odienné Project
HIGHLIGHTS35m @ 3.3 g/t gold equivalent (Au Eq.) and 17m @ 2.4 g/t Au Eq. in OEDD-8952m @ 2.0 g/t Au Eq. in OEDD-9032m @ 2.1 g/t Au Eq. in OEDD-92BBM'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...
2024-09-09 7:00 AM EDT
Awalé Announces Appointment of Key Personnel
Vancouver, British Columbia--(Newsfile Corp. - August 22, 2024) - Awalé Resources Limited (TSXV: ARIC) ("Awalé" or the "Company") 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 addition...
2024-08-22 7:00 AM EDT
Awalé Hits 20 g/t Gold over 29m at the Charger Prospect, Odienné Project
HIGHLIGHTS20 g/t gold over 29m, 580 gram meters gold from 149m downhole in OEDD-88Including 39.5 g/t gold over 8m from 149m downholeOEDD-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 potential for increased high-grade gold volume with further drillingThree holes of the first five holes reported from Charger have...
2024-07-31 7:00 AM EDT
Awalé Resources Announces Board Changes
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2024) - Awalé Resources (TSXV: ARIC) ("Awalé" or the "Company") 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...
2024-05-16 6:38 AM EDT
Awalé Resources Announces Newmont Advances to Phase 2 of Earn-In on the Odienné Project JV
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2024) - Awalé Resources (TSXV: ARIC) ("Awalé" or "the Company"), 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 (for a total 65% interest) via 10 million in exploration expenditure and defining a minimum 2 million...
2024-05-15 8:45 AM EDT
Awalé Announces Closing of C$11.5 Million "Bought Deal" Private Placement of Units
Toronto, Ontario--(Newsfile Corp. - May 8, 2024) - Awalé Resources (TSXV: ARIC) ("Awalé" or "the Company") is pleased to announce that it has closed the bought-deal private placement initially announced on April 17, 2024 (the "Offering"). The Company issued 18,549,500 units ("Units") of the Company (which includes 2,419,500 Units issued pursuant to the exercise in full of the over-allotment option) at a price of C$0.62 per Unit for aggregate gross proceeds of $11,500,690. The Offering was underwritten by Canaccord Genuity...
2024-05-08 10:12 AM EDT
Awalé Announces Update for Shareholder Participation Right
Toronto, Ontario--(Newsfile Corp. - April 19, 2024) - Further to the news release of April 17, 2024, Awalé Resources (TSXV: ARIC) ("Awalé" or "the Company") 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 (including the Underwriter Option), a maximum of approximately 3,989,323 Units (as defined herein) at a price of $0.62 per...
2024-04-19 8:47 AM EDT
Awalé Resumes Drilling at the Charger Prospect on the Odienné Project Joint Venture
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 interceptDrilling is fully funded by Newmont Toronto, Ontario--(Newsfile Corp. - April 5, 2024) - Awalé Resources (TSXV: ARIC) ("Awalé" or "the Company"), is pleased to announce the...
2024-04-05 6:00 AM EDT
Awalé Hits 45.7 g/t Gold over 32m at the Odienné Project
HIGHLIGHTS26 g/t gold over 57m, 1487 gram meters gold from 164m downhole in OEDD-83Including 45.7 g/t gold over 32m @ from 165m downholeMineralization is consistently high grade throughout the reported intervalOne of the highest-grade gold intersections in Africa in decadesA follow-up drill program is scheduled to begin in April, with 25,000 meters planned for 2024Vancouver, British Columbia--(Newsfile Corp. - March 25, 2024) - Awalé Resources Limited (TSXV: ARIC) (the "Company" or "Awalé") is delighted to report outstanding assay results at...
2024-03-25 6:00 AM EDT
Awalé Hits Multiple Shallow High-Grade Intercepts, Including 2.4 g/t AuEq over 75 Meters at the Odienné Project
HIGHLIGHTS:75m @ 2.4 g/t gold equivalent (Au Eq) from 242m downhole* in OEDD-7444m @ 2.5 g/t Au Eq from 131m downhole* in OEDD-65 40m @ 1.9 g/t Au Eq from 194m downhole* in OEDD-7639m @ 1.6 g/t Au Eq from 60m downhole* in OEDD-64Assay results from the Charger target are expected soonA follow-up drill program is scheduled to begin in AprilVancouver, British Columbia--(Newsfile Corp. - March 18, 2024) - Awalé Resources Limited. (TSXV: ARIC) (the "Company" or "Awalé") is...
2024-03-18 8:00 AM EDT
Awalé Resources Announces Completion of Drilling at the Odienné Project
Highlights:21-hole, ~4,000 metre drill program that began in December is now complete, with preliminary assays expected in MarchDrilling at BBM, Charger and Lando intercepted significant widths of alteration and mineralizationA new video is now published highlighting the impressions of this drill programVancouver, British Columbia--(Newsfile Corp. - February 29, 2024) - Awalé Resources Limited. (TSXV: ARIC) (the "Company" or "Awalé") is pleased to announce that we have recently completed a 21 hole 3932m Diamond drill program that commenced in late December...
2024-02-29 8:00 AM EST
Awale Resources Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - February 14, 2024) - Awalé Resources Limited. (TSXV: ARIC) (the "Company" or "Awalé") wishes to announce that it has granted an aggregate 1,450,000 stock options to directors/officers, employees and consultants with an exercise price of C$0.12. An aggregate 350,000 of the options are subject to vesting and all but 100,000 of the remaining options (1,350,000) granted have a 5 year term with an expiry of February 6, 2029. The remaining 100,000 expire...
2024-02-14 3:15 AM EST
Awalé Announces New Gold Discovery on the Odienné Project
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2024) - Awalé Resources Limited (TSXV: ARIC) ("Awalé" or the "Company") is pleased to announce a new gold-copper discovery at the BBM Target within the Odienné Project in Côte d'Ivoire. BBM is a significant new greenfield discovery for the Company and has excellent scope for rapid expansion. In addition to the new discovery, further significant results with visible gold have been returned for the Charger Target and new mineralization from the first two scout...
2024-01-11 9:00 AM EST
Awale Commences New Diamond Drill Program at the Odienné Copper-Gold Project, Secures Additional JV Funding with Newmont
Highlights:4,000 metre drill program on Awalé's Odienné now underwayAwalé secured an additional USD 750,000 in joint venture funding from Newmont CorporationFinal Drill results from Odienné's Summer Drill Program expected in early JanuaryToronto, Ontario--(Newsfile Corp. - December 27, 2023) - Awalé Resources (TSXV: ARIC), is pleased to announce the commencement of a 4000-meter diamond drilling program at the Odienné joint venture project with Newmont. This is a continuation of the Awalé's strategy of exploring and developing high-grade gold and copper-gold deposits...
2023-12-27 8:30 AM EST
Awale Closes Private Placement with Newmont
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2023) - Awalé Resources Limited (TSXV: ARIC) ("Awalé") is pleased to announce that it has closed its previously announced non-brokered private placement (December 1, 2023) with Newmont Ventures Limited ("Newmont"), a wholly-owned subsidiary of Newmont Corporation, to raise gross proceeds of C$957,530.89. The proceeds from the private placement will be used to initiate greenfield exploration on the Odienné project permits, which lie outside the Newmont Joint Venture, and for general administrative costs of...
2023-12-19 8:30 AM EST