VANCOUVER, BC, Nov. 1, 2022 /CNW/ - Awalé Resources Ltd. is pleased to announce that initial results from the ground geophysical surveys undertaken at the Sceptre East Iron Oxide Copper Gold "IOCG" Target on the Odienné Project in Cote d'Ivoire have now been received . The IP surveys have identified extensive chargeability anomalies, interpreted by the Company to represent buried sulfide-bearing bodies. The chargeability [...]
Awalé Resources Ltd. is pleased to provide the following update on ongoing exploration activities at the Odienné gold-copper project in Côte d'Ivoire . The Odienné Project is subject to an earn in joint venture agreement with Newmont Ventures Limited . New soil and termitaria sampling at the BBM Prospect , which is located approximately 13 km northeast of the Sceptre target, has delineated a 3.5km long > 50ppm copper [...]
Awalé Resources Ltd. is pleased to report that a ground geophysics survey has commenced at the Odienné gold-copper Joint Venture project in Cote D'Ivoire . The Odienné Project is subject to an earn in joint venture agreement with Newmont Ventures Limited . The IP survey will cover the core of the 2.2 km long Sceptre East and the high grade Charger Iron Oxide Copper Gold targets , and will allow for the prioritization of [...]
Awalé Resources Ltd. is pleased to announce that, further to the Company's news release of September 13, 2022, the TSX Venture Exchange has conditionally accepted the acquisition of Colossal Gold Resources Limited by Awalé pursuant to a letter agreement dated September 12, 2022, between Awalé, Colossal and the shareholders of Colossal. Final TSXV acceptance of the Acquisition is conditional on the Company satisfying the [...]
Awalé Resources Ltd. is pleased to announce that it has entered into a binding letter agreement dated September 12, 2022 with Colossal Gold Resources Limited and the shareholders of Colossal to acquire 100% of the issued share capital of Colossal . In consideration for the Colossal Shares, Awalé will issue to the Sellers an aggregate of 21,663,138 common shares of the Company which will represent 41% of the outstanding [...]
Awalé Resources Ltd. is pleased to announce that as part of its first-mover advantage and strategy in northeast Côte d'Ivoire, the Company has applied for a further 2 exploration permits located to the northwest of, and along trend from, the Odienné Iron Oxide Copper Gold Joint Venture . The Odienné Project is subject to an earn in joint venture agreement with Newmont Ventures Limited . Both new applications are 100 [...]
VANCOUVER, BC, Aug. 23, 2022 /CNW/ - Awalé Resources Ltd. is pleased to provide the following update on ongoing exploration activities at the Odienné gold-copper project in Cote D'Ivoire . The Odienne Project is subject to an earn in joint venture agreement with Newmont Ventures Limited . The JV is now fully operational, and the Company is pleased to report the discovery of a new 4km-long high-tenor copper anomaly at the [...]
Awalé Resources Ltd. is pleased to provide the following update on ongoing exploration activities at the Odienné gold-copper earn-in Joint Venture project in Cote D'Ivoire. The Odienné project is subject to an earn-in joint venture agreement with Newmont Ventures Limited , through which Newmont retains the option to earn-in to a 65% interest, from Awalé, in the project in return for sole funding USD 15M of the JV [...]
Awalé Resources Ltd. is pleased to announce that the company has expanded its exploration footprint and focus in the Odienné Iron Oxide Copper Gold district in Côte d'Ivoire. The expansion is executed through an option to purchase agreement with Turaco Gold Limited over the PR 840 "Sienso" permit in Côte d'Ivoire . The new 326 km2 granted permit borders the eastern flank of the recently announced Awale - Newmont [...]
Awalé Resources Ltd. is pleased to announce the closing of the previously announced private placement as part of a transaction with Newmont Ventures Limited , a wholly-owned subsidiary of Newmont Corporation . The Transaction as disclosed below, comprises a Private Placement and an Exploration Agreement on the Odienné Project, Côte d'Ivoire dated as of May 27, 2022 with Newmont. The Odienné Project currently has two [...]
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 Project in northwest Côte d'Ivoire . The Odienné Project currently has two [...]
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 D'Ivoire and for general overheads, working capital and operating expenses. The [...]
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