Awalé Resources Ltd. is pleased to provide the following assay results for follow-up drilling completed at the Charger and Sceptre East targets at its Odienné Project in Côte d'Ivoire . 17 holes remain to be reported for the Charger, Lando, Sceptre Main and BBM targets. Strong news flow is expected to continue throughout August and September from these remaining targets as results are returned from the laboratory. This [...]
Awalé Resources Ltd. is pleased to provide an exploration update on the Odienné Project JV in Côte d'Ivoire. With Newmont funding a 3 million USD budget for 2023, the Company has undertaken an aggressive exploration campaign in the first half of the year at Odienné, that has culminated in 4859 m of drilling completed. The Company awaits a strong flow of results from this reverse circulation and diamond drilling which was [...]
Awalé Resources Ltd. is pleased to announce the completion of a detailed airborne magnetic and radiometric survey over Odienné East. The results from this survey highlight the potential of current drill targets as well as the upside potential of the Odienné Project. The survey has identified and enhanced the potential of the current drill targets within the project area, reveals their open-ended potential and highlights [...]
Awalé Resources Ltd. is pleased to announce that the first two drill holes completed at the Charger Target as part of its ongoing Odienné drill program have successfully intersected visible gold in extensions to previously reported intervals of high-grade gold-copper mineralization . The two step-back drill holes targeted mineralization underlying the 32m @ 3.0 grams per tonne Au / 96 gram-meter intercept reported in RC [...]
Awalé Resources Ltd. is pleased to announce it has commenced a 2500 metre RC and diamond drill program at its Odienné Project in Cote d'Ivoire. This program will follow-up on recent discoveries at the Charger and Sceptre East Targets, where significant intrusion related gold-copper mineralisation has been intersected . The Company also expects to undertake maiden drilling into the much anticipated Lando and Sceptre Main [...]
Awalé Resources Ltd. , a junior explorer focused on gold and copper exploration in Côte d'Ivoire, is pleased to announce the closing of its previously announced financings for gross proceeds of $2.36 million together with other significant developments that will propel the Company toward a new phase of growth and success. The financings include a $1.5 million non-brokered private placement, including $1 million by Orecap [...]
/ Awalé Resources Ltd. is pleased to announce that, subject to TSX Venture Exchange acceptance, it intends to settle additional outstanding accounts of CAD$231,428.96 to certain directors, officers and consultants of the Company through the issuance of an additional 1,928,575 common shares of the Company for an aggregate issuance of 4,011,908 Common Shares at a deemed price of CAD$0.12 per Settlement Share. 1,855,413 [...]
Awalé Resources Ltd. , announced today that it has been issued a Management Cease Trade Order by the British Columbia Securities Commission . The MCTO was issued following a request by Awalé as it became aware that the Company may not meet the deadline of May 1, 2023 to file its Audited Annual Financial Statements and Management Discussion & Analysis for the financial years ended December 31, 2022 and 2021 and the CEO and [...]
Awalé Resources Ltd. , a junior mineral exploration company focused on gold-copper exploration in Côte d'Ivoire, is pleased to announce the signing of a binding term sheet with Orefinders Resources Inc. , on April 24, 2023. The Term Sheet outlines the key terms and conditions for a proposed transaction between the two companies . The Transaction will, among other things, include a private placement offering of 12,500,000 [...]
Awalé Resources Ltd. following the recent announcement Awalé wishes to announce that it has received approval from the TSXV for an extension to April 14th for closing its brokered private placement of units as announced on January 30, 2023. The placement was originally priced at $0.155 per Unit, this has been reduced to $0.15 per Unit. AWALE RESOURCES LIMITED. "Glen Parsons" Glen Parsons, President and CEO About Awalé [...]
Awalé Resources Ltd. is pleased to provide the following assay results for scout drilling completed at the Charger and Sceptre East targets at its Odienné Project in Côte d'Ivoire. A total of nine holes for 1,292.2m were completed over initial geophysical and geochemical targets , with seven holes having intersected significant alteration and sulfide mineralization. Highlights from this drilling are summarized below [...]
Awalé Resources is pleased to announce that it has entered into an agreement with Beacon Securities, as sole agent in connection with a best efforts private placement of up to 9,678,000 units of the Company at a price of $0.155 per Unit for aggregate gross proceeds to the Company of up to $1,500,090. Each Unit shall consist of one common share in the capital of the Company and one-half of one Common Share purchase warrant [...]