Awale Resources Ltd. News Releases

Awalé Announces Inferred Mineral Resource Estimate of 1.71 Moz Gold Equivalent for the Odienné Project, 32.4 Mt at 1.64 g/t Gold Equivalent (1.33 g/t Gold, 0.33% Copper)

Tue, 19 May 2026 07:00:00 -0400

Highlights32.4 Mt grading 1.64 g/t gold equivalent ("AuEq.") for 1,707,000 ounces AuEq. inferred from combined open pit and underground resources, including 1,389,000 oz gold and 93,000 tonnes copper.BBM forms the cornerstone deposit with a combined open pit and underground resources of 27.8 Mt at 1.52 g/t AuEq. for 1.36 Moz AuEq. (1.16 g/t gold and 0.33% copper).Charger defines a high-grade underground resource of 1.6 Mt at 4.64 g/t AuEq. for 232 koz AuEq.Empire contributes a near-surface open...

Awalé Strengthens Treasury to $17.7 Million with $5.0 Million from Warrant Exercises

Tue, 12 May 2026 07:00:00 -0400

Highlights:$17.7 million in cash on hand, supporting exploration across the 100%-owned ground, with Newmont funding JV exploration.$5.0 million raised from the exercise of 6,230,114 common share purchase warrants at $0.80 per share.Warrant exercises reflect strong shareholder conviction in Awalé's outlook and asset quality.Multi-year exploration runway across 100%-owned properties in Côte d'Ivoire, with no near-term capital constraints.Company is well positioned to accelerate discovery at the...

Awalé Reports New Discovery on 100%-Owned Ground with Multiple Shallow Intercepts, Including 17 Metres at 1.9 g/t Gold

Mon, 04 May 2026 07:00:00 -0400

Highlights:Discovery made on Fremen, on Awalé's 100%-owned ground and 11 km along strike from the BBM target.1.9 g/t gold over 17m from 6m, including 2.3 g/t gold over 9m (SSAC-08).2.1 g/t gold over 12m from 32m, including 8.2 g/t gold over 1m (SSAC-07).1.1 g/t gold over 17m from 113m, including 4.7 g/t gold over 2m (SSDD-03).1.0 g/t gold over 13m from 78m, including 1.8 g/t gold over 4m (SSDD-02).Mineralization shares geological similarities with both the BBM and Charger discoveries.Results...

Awalé Hits 24.9 g/t Gold over 2 Metres Within 5.1 g/t Gold over 10 Metres at Empire

Tue, 21 Apr 2026 07:00:00 -0400

Highlights:Step-down drilling at Empire confirms broad, multi-zone gold mineralization to 280m vertical depth.5.1 g/t gold over 10m from 224m, including 24.9 g/t gold over 2m (EMDD-11)1.3 g/t gold over 11m from 198m, including 7.8 g/t gold over 1m (EMDD-11)Near-surface resource drilling:2.9 g/t gold over 10m from 116m (EMDD-07)1.1 g/t gold over 19m from 23m (EMDD-03)Mineralization open along strike and at depth across Empire's 20 km corridor, with drilling to date covering only 5 km.All resource...

Awalé Hits 24.8 g/t Gold over 5 Metres within 18.9 g/t Gold over 7 Metres at Charger

Tue, 14 Apr 2026 07:00:00 -0400

Highlights:Significant intercepts at Charger 1 include:18.9 g/t gold over 7m from 292m, including 24.8 g/t gold over 5m (CHDD-20)9.2 g/t gold over 7m from 310m, including 14.7 g/t gold over 4m & 11.7 g/t gold over 4m (CHDD-13)Results confirm and extend high-grade gold mineralization through depths of 300m below surface.Four diamond drill holes at Charger 2 have been completed and are in the reporting pipeline.Empire resource drilling results to be released shortly.Toronto, Ontario--(Newsfile...

Awalé Hits 36.2 g/t Gold over 6 Metres at Charger, Confirming High-Grade Gold Continuity to 400 Metres Below Surface

Tue, 31 Mar 2026 07:00:00 -0400

Highlights:Significant intercepts at Charger 1 include:36.2 g/t gold over 6m from 475m, including 41.5 g/t gold over 5m (CHDD-17)10.3 g/t gold over 8m from 426m (CHDD-14)9.2 g/t gold over 5m from 413m (OEDD-10)Holes CHDD-14 and CHDD-17 extend high-grade gold mineralization down to 360m and 400m below surface at Charger 1, respectively.These holes, together with holes to be reported shortly, will be included in the Mineral Resource Estimate targeted for Q2 2026.Follow-up drilling is planned to...

Awalé Hits 3.7 g/t Gold and 0.85% Copper (4.2 g/t AuEq.) over 10 Metres within 1.9 g/t Gold and 0.57% Copper over 42 Metres in Deep Drilling at BBM

Mon, 16 Mar 2026 07:00:00 -0400

HighlightsBroad gold-copper mineralization intersected, supporting the emerging underground potential at BBM.Results include*:2.4 g/t gold equivalent ("AuEq.") over 42m (42m @ 1.9 g/t gold and 0.57% copper) from 570m, including 4.2 g/t AuEq. over 10m (10m @ 3.7 g/t gold and 0.85% copper) from 600m (BBDD-21)2.2 g/t AuEq. over 31m (31m @ 1.7 g/t gold and 0.57% copper) from 654m, including 3.5 g/t AuEq. over 15m (15m @ 2.7 g/t gold and 0.9% copper) from 658m (BBDD-22)Step-out hole BBDD-27 returned...

Awalé Hits 3.3 g/t Gold Equivalent over 38 Metres from First BBM Underground Drilling, Confirming Strong Grades at Depth

Fri, 27 Feb 2026 07:00:00 -0500

HighlightsSignificant intercepts include:3.3 g/t gold equivalent ("AuEq.") over 38m (38m @ 3 g/t gold and 0.5% copper) from 447m, including 6.4 g/t AuEq. over 6m (6m @ 6.4 g/t gold and 0.95% copper) (BBDD-20)*2.1 g/t AuEq. over 22m (22m @ 1.3 g/t gold and 0.84% copper) from 505m (BBDD-9)2.0 g/t AuEq. over 42m (42m @ 1.4 g/t gold and 0.51% copper) from 459m (BBDD-15)First results from the underground target at BBM include some of the highest and broadest gold-copper intercepts returned to...

Awalé Confirms BBM's Continuity with 2.0 g/t Gold Equivalent over 72 Metres and Looks Toward Underground Potential

Mon, 23 Feb 2026 07:00:00 -0500

HighlightsBBM keeps delivering: Thick and consistent gold-copper mineralization highlighted by 2.0 g/t AuEq. over 72m (OEDD-157, twin hole to OEDD-74 for metallurgy studies).Multiple strong intervals, including 2.0 g/t AuEq. over 32m (including 7.4 g/t AuEq. over 2m) and 1.1 g/t AuEq. over 27m, reinforcing continuity.MRE on track: BBM is emerging as the largest gold-copper discovery in West Africa with strengthening confidence ahead of a Mineral Resource Estimate targeted for Q2 2026.Scale...

Awalé Hits 52.8 g/t Gold over 9 Metres from Charger 1 Step-Down Drilling

Thu, 29 Jan 2026 07:00:00 -0500

HighlightsSignificant intercepts include:52.8 g/t gold over 9m from 354m, including 78.9 g/t gold over 6m (CHDD-03)10.6 g/t gold over 7m from 320m, including 57.2 g/t gold over 1m (CHDD-02)17.6 g/t gold over 4m from 297m (CHDD-04), and3.8 g/t gold over 19m from 305m, including 28.4 g/t gold over 1m (CHDD-04)2.7 g/t gold over 20m from 303m, including 6.0 g/t gold over 4m (OEDD-170)High-grade intercept of 52.8 g/t gold over 9m is open to the northeast and down-plunge, pointing to a potential new...