Awalé Resources Ltd. is pleased to report that elevated copper values are associated with the high-grade gold mineralization previously reported from Reverse Circulation drilling at the Charger prospect, Odienné Project . Both the gold-copper metal association and distinct hematite-rich alteration at Charger are interpreted by the Company to be [...]
Awalé Resources Ltd. is pleased to report that assay results have now been received from 4381m of scout drilling at the Samanda East and the southernmost 4 targets of the Kodio Trend at the Bondoukou project . In addition to previous drilling at Fako, the Company has now tested just 15% of the known 60+km cumulative mineralized strike length for [...]
Awalé Resources Ltd. is pleased to announce that it has received Exchange approval and has issued 2,223,016 payment shares in settlement of $179,689.75 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 [...]
Awalé Resources Ltd. is pleased to report that follow-up diamond drilling is now underway at the Company's 100%-owned Odienné Project in Cote d'Ivoire. The first hole completed is a diamond twin hole of Charger Reverse Circulation hole OERC-89 and is interpreted to have successfully intersected the equivalent to the high-grade gold mineralization [...]
Awalé Resources Ltd. is pleased to report that ongoing drilling has resulted in the discovery of new mineralized offset extensions to the Empire Main gold deposit, Odienné Project. The diorite mineralisation now has potential for an open strike length of 900m. Results have now been received for 13 Reverse Circulation holes for 1,224m that were [...]
Awalé Resources Ltd. is pleased to announce new high-grade gold mineralization in scout Reverse Circulation drilling at the newly-defined Charger prospect, which is located 3km north of the high-grade Empire Main gold discovery. Results have now been received for 22 holes of an initial 23 hole / 1,634m RC program at Charger , with highlights [...]
Awalé Resources Ltd. is pleased to announce that it has received Exchange approval to issue 2,732,964 payment shares in settlement of $146,475.13 in drilling services pursuant to the Memorandum of Understanding with Geodrill Limited as announced April 12, 2021. Pursuant to the US$1 million drilling for equity program MoU, Awalé has the option to [...]
Awalé Resources Ltd. is pleased to announce that scout drilling is expected to commence later this week on priority gold targets on the Kodio Trend, Bondoukou Project, after the successful completion of an initial 3,000 m of Reverse Circulation drill program on the Empire and Charger targets at Odienné . First assays from the Empire-Charger drill [...]
Awalé Resources Ltd. is pleased to announce that it has completed the second tranche of its non-brokered private placement for 37,655,733 units at a price of $0.06 per unit raising gross proceeds of $2,259,344. The proceeds of the Offering are to be used for ongoing exploration expenditure on its projects in Côte D'Ivoire and for general overhead [...]
Awalé Resources Ltd. wishes to announce that it closed the 1st tranche of its non-brokered private placement financing with the issuance of 17,207,200 units for gross proceeds of $1,032,430.00. The 17,207,200 common shares issued pursuant to this closing are subject to a hold period expiring on August 28, 2021 and the 8,601,100 warrants issued [...]
Awalé Resources Ltd. is pleased to report that an initial 3000m, 30-hole drill program has commenced over the recently reported Empire Gap, Empire West and Charger targets at the Odienné Project . The Odienné Project drilling will then be immediately followed by a 3000-5000m scout drilling program over new gold targets at the Bondoukou Project [...]
Awalé Resources Ltd. wishes to announce that, subject to regulatory approval, the Company Vancouver, British Columbia has closed the first tranche of its non-brokered private placement financing as announced on March 31, 2021, of up to 33,333,333 units at a price of $0.06 per unit for gross proceeds of up to $2,000,000. Each Unit will consist of [...]