Awalé Resources Ltd. is pleased to announce that Newmont Ventures Limited, a wholly owned subsidiary of Newmont Corporation , has agreed, subject to certain closing conditions including Toronto Stock Exchange approval, to make a strategic investment in Awalé and enter into an exploration agreement with venture option on the Company's Odienné [...]
Awalé Resources Ltd.. is pleased to announce that it has completed the 1st tranche of its non-brokered private placement as announced March 22, 2022, for 4,032,500 units at a price of $0.20 per unit raising gross proceeds of $806,500. The proceeds of the Offering are to be used for ongoing exploration expenditure on its Odienne project in Côte [...]
Awalé Resources wishes to announce that following the news release dated Nov 10, 2021, regarding the non brokered private placement, the terms of which have now been revised on the basis that each Unit now offered at $0.20 will consist of one common share and one-half share purchase warrant; each whole share purchase warrant will be exercisable at [...]
Awalé Resources Ltd. is pleased to announce that infill and follow up soil and termitaria geochemistry on the 5km long Sceptre Iron-Oxide Copper-Gold target, Odienné Project, has refined the anomaly into 2 significant high tenor copper-gold IOCG targets . The two Sceptre Cu-Au targets are now ready for follow up geophysics and maiden drilling in [...]
Awalé Resources Ltd. is pleased to announce that it has received Exchange approval and has issued 218,249 payment shares at an effective price of around C$0.23 in settlement of C$49,673.27 in drilling services pursuant to the Memorandum of Understanding with Geodrill Limited as originally announced April 12, 2021. Pursuant to the MoU's, US$1 [...]
Awalé Resources Ltd. announces that further to its November 4, 2021 news release, its share consolidation on a 8:1 basis has been accepted and will be effective on December 6, 2021. All registered shareholders will be sent new certificates representing their share positions directly from the Company's transfer agent Computershare without any action [...]
Awalé Resources Ltd. the Company wishes to announce that the directors have approved a consolidation of its common shares on the basis of one new common share for every eight outstanding shares and further plans to complete a non-brokered private placement of up to 10,417,000 shares to raise gross proceeds of up to $2,500,000 on a post consolidated [...]
Awalé Resources Ltd. is pleased to announce that a significant new surface gold anomaly has been defined from termitaria sampling at the Alliance Prospect, Empire Corridor, Odienné Project. The Alliance Prospect extends the known strike extent of the Empire mineralized trend by 3km to >6km. Highlights: New 1km long, >100 part per billion surface [...]
Awalé Resources Ltd. is pleased to announce that it has received Exchange approval and has issued 297,013 payment shares in settlement of C$21,401.41 in drilling services pursuant to the Memorandum of Understanding with Geodrill Limited as originally announced April 12, 2021. Pursuant to the MoU's, US$1 million drilling for equity program, Awalé [...]
Awalé Resources Ltd. is pleased to report further results from drilling at the Empire and Charger prospects, Odienne Project, Cote d'Ivoire . Final assay results have now been returned for the last 11 holes completed with the following highlights: Empire Prospect 'Empire Gap' Offset Drilling Five RC holes and one diamond hole were drilled into a [...]
Awalé Resources Ltd. is pleased to announce that following the recent high grade IOCG styled discovery at the Charger prospect, significant copper/gold anomalism has been delineated in geochemistry surveys completed over the greater Odienné Permit area . Highlights include: Delineation of a >5 km long Cu-Au soil anomaly with Cu values up to 0.18 [...]
Awalé Resources Ltd. is pleased to announce that it has received Exchange approval and has issued 1,121,270 payment shares in settlement of C$81,250.27 in drilling services pursuant to the Memorandum of Understanding with Geodrill Limited, as announced April 12, 2021. Pursuant to the MoU's, US$1 million drilling for equity program, Awalé has the [...]
