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Awalé Uncovers 3.5km Gold Footprint on 100%-Owned Ground and on Trend from the BBM Discovery

Awale Resources
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191 views 5 months ago
Awalé Resources CEO Andrew Chubb explains how we uncovered a 3.5km gold footprint on our 100%-owned ground by using termites. Highlights from this news release:
  • Greater than 37ppb gold footprint over a 3.5-kilometre open trend with peak value of 1.3 grams gold.
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Awalé Uncovers 3.5km Gold Footprint on 100%-Owned Ground and on Trend from the BBM Discovery
12Likes
191Views
Oct 232024
Awalé Resources CEO Andrew Chubb explains how we uncovered a 3.5km gold footprint on our 100%-owned ground by using termites. Highlights from this news release:
  • Greater than 37ppb gold footprint over a 3.5-kilometre open trend with peak value of 1.3 grams gold.
  • The ‘Sienso’ gold footprint is next door to the BBM discovery – only 4km away.
  • Was revealed by the same Termite Mound sampling methodology used at BBM.
Next Steps for the Sienso Permit: In this quarter, the Company will conduct IP geophysics over the new target area. If the results from the program align with the geochemical anomaly, an initial drill program will follow in Q1 2025. Surface Termitaria and Soil geochemistry will continue along the open southern extensions of the anomalies mentioned in this release as well as new programs along parralel structural targets further east within the Sienso permit area. About Awalé Resources Awalé is a diligent and systematic mineral exploration company focused on discovering large high-grade gold and copper-gold deposits. Exploration activities are currently undertaken in the underexplored regions of Côte d'Ivoire, where the Company is focused on the Odienné Copper-Gold Project (“Odienné” or the “Project”) spanning 2,489 km2 in seven permits. For more information, please visit www.awaleresources.ca FORWARD-LOOKING STATEMENTS! This presentation contains forward-looking information within the meaning of Canadian securities laws (collectively “forward-looking statements”). Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Forward-looking statements in this presentation include but are not limited to statements regarding the closing of the Acquisition and Private Placement, and ability to achieve results, creation of value for Company shareholders, achievements under the Newmont JV, planned drilling, commencement of operations. Although the Company believes any forward-looking statements in this presentation are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance and that actual results may differ materially from those in forward-looking statements as a result of various factors, including the potential inability to obtain required regulatory approvals and satisfy other applicable closing conditions; possible adverse impacts due the global outbreak of COVID-19; the Company's inability to generate sufficient cash flow or raise sufficient additional financing requirements; volatility in metals prices; the ability of the Company to retain its key management employees and skilled and experienced personnel; conflicts of interest; litigation or other administrative proceedings brought against the Company; actual or alleged breaches of governance processes or instances of fraud, bribery or corruption; exploration, development and mining risks and the inherently dangerous nature of the mining industry, and the risk of inadequate insurance or inability to obtain insurance to cover these risks and other risks and uncertainties; property and mineral title risks including defective title to mineral claims or property; changes in national and local government legislation, taxation, controls, regulations and political or economic developments in Canada and Cote d’Ivoire; equipment shortages and the ability of the Company to acquire necessary access rights and infrastructure for its mineral properties; environmental regulations and the ability to obtain and maintain necessary permits, including environmental authorizations and water use licences; extreme competition in the mineral exploration industry; delays in obtaining, or a failure to obtain, permits necessary for current or future operations or failures to comply with the terms of such permits; risks of doing business in Cote d’Ivoire , including but not limited to, labour, economic and political instability and potential changes to and failures to comply with legislation; the Company's common shares may be delisted from the TSX Venture Exchange if it cannot maintain compliance with the applicable listing requirements and other risk factors described other filings with Canadian securities regulators, which may be viewed at www.sedar.com . Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether because of new information future events or results or otherwise.

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Awale Resources

84 subscribers