Awalé Resources Limited is pleased to report results from the last 2 holes of the maiden drilling program at the Empire high grade gold discovery . The final step back diamond hole has intercepted target geology, alteration and mineralization to a vertical depth of greater than 200m . Visible gold has been observed at the same mineralized intervals reported in Table 1, with grades of mineralization being atypical [...]
Awalé Resources Limited is pleased to announce the delineation, from a 12km2 soil sampling program, of two new 3km long gold targets along the previously untested Samanda Trend at the Bondoukou project in Cote d'Ivoire . The Samanda targets contain greater than 10ppb gold soil anomalies with >40ppb Au cores and a peak value of 4,297 ppb Au*. The anomalies within the sampling area follow a high strain contact [...]
Awalé Resources Limited is pleased to report further gold intercepts from the high grade gold discovery at the Empire Prospect. These new results both extend the mineralized envelope along strike and down dip as well as confirm the internal continuity of mineralization at Empire . As per the highlights below, hole OERC0021 confirms the robust nature of mineralization at Empire, whilst OERC008 and the 40m extension [...]
VANCOUVER, Dec. 23 2019 /CNW/ - Awalé Resources Limited is pleased to report from the Odienné Project that ongoing drilling at the Empire prospect successfully continues to extend gold mineralization reported in discovery holes OEDD0001 and OEDD002 . Assays for a further 7 holes have now been received, with results extending gold mineralization to at least 120m vertical depth along the discovery section and [...]
Awalé Resources Limited. is pleased to announce that it has closed its previously announced non-brokered private placement of 11,294,445 Units at a price of $0.18 cents per Unit, raising gross proceeds of $2,033,000. Each Unit consist of one common share of the Company and one-half share purchase warrant, each whole warrant entitling the holder to acquire one additional common share at a price of $0.32 cents until [...]
In the news release, Awalé Resources Limited - Financing, issued 11-Dec-2019 by Awalé Resources over CNW, we are advised by the company that they wish to correct the news release published earlier today wherein the Company announced that it has completed a non-brokered private placement of 11,094,445 units of the Company, at a price of 18 cents per unit and not 0.018 cents as earlier reported. All other [...]
Awalé Resources Limited. is pleased to announce, subject to Exchange approval, that it has negotiated a non-brokered private placement of 11,094,445 Units at a price of CDN $0.018 per Unit. Each Unit consisting of one common share and one-half share purchase warrant. Each whole warrant entitling the holder to acquire an additional common share at CAD $0.32 per share for a period of 24 months from issuance [...]
Awalé Resources Limited is pleased to announce initial high-grade drill results from the first two holes of its planned 2,500 metre drill program at the Empire prospect, Odienné Gold Project, Cote d'Ivoire . These drill holes represent the first ever test of the core area of the 3 km long, 250m wide soil gold anomaly previously defined by the Company at Empire . Highlights for the first 2 discovery holes [...]
Awalé Resources Limited is pleased to report that drilling has commenced at the 90% owned Odienné Gold Project in Cote d'Ivoire . The 3,000m drill program will be completed over the Empire and Vakaba gold prospects , and will include a combination of diamond and reverse circulation drilling. The program has now commenced at the Empire prospect, where 2,000m of the budgeted metres are currently expected to [...]
Awalé Resources Limited. wishes to correct the news release published earlier today wherein the Company announced that it has completed a non-brokered private placement of 19,220,900 common shares of the Company, at a price of 9 cents per share and not 0.9 cents as earlier reported. All other details of the earlier September 5, 2019 "Completion of Financing" release remain the same. "Glen Parsons" Glen Parsons [...]
Awalé Resources Limited. is pleased to announce that it has completed its previously announced non-brokered private placement of 19,220,900 common shares of the Company, at a price of 0.9 cents per share, raising gross proceeds of $1,729,833. The proceeds of the Offering are to be used for ongoing exploration expenditure on its projects in Côte D'Ivoire and for general overhead and operating expenses [...]
Awalé Resources Limited. is pleased to announce, subject to Exchange approval, that it has negotiated a non-brokered private placement of 18,998,700 Shares at a price of CDN $0.09 per share. Gross proceeds of CDN $1,709,883 will be used for ongoing exploration expenditure on its projects in Cote D'Ivoire and for general overhead and operating expenses. Insiders of the Company participated in the Offering [...]
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