Awalé Resources Ltd.

HIGHLIGHTS 26m @ 12 g/t gold from 146m downhole in hole OEDD-120 95m @ 1.8 g/t gold from 170m in OEDD-118 Discovered a new parallel mineralized zone 50m from Charger's high-grade corridor, containing: 26m @ 2 g/t gold from 134m in OEDD-137 Shallow mineralization, at less than 70m depth, in OEDD-136 and OEDD-121, including: 4.0m @ 18.5 g/t gold from 67m in OEDD-121 1.5m @ 13.4 g/t gold from surface in OEDD-136 3.0m @ 3.2 [...]

HIGHLIGHTS 45m @ 1.6 grams per tonne gold equivalent from 220m in OEDD-131, including 4m @ 2.6 g/t Au, 0.55% Cu, and 449ppm Mo from 241m. 37m @ 0.8 g/t AuEq. from 159m downhole in OEDD-133. BBM has now confirmed consistent mineralization over 1km down to a depth of 300m below surface, with average true widths1 ranging from 30m in the core zone to 22m over the entire 1km drilled strike. Several holes below 300m depth show [...]

HIGHLIGHTS 2,416 metres of RC drilling in 28 holes completed over the BBM satellite targets, with initial results expected in Q2 2025. The program comprised of 4 scout drill lines consisting of approximately 7 shallow RC holes over higher order geochemical anomalies within the BBM trend. Satellite targets hold potential for new discoveries within 1 to 3 kilometres from BBM. Awalé also awaits results from drilling at the [...]

HIGHLIGHTS Commenced a 2,600-metre drill program across 25 holes at Lando. Lando is a substantial copper geochemical footprint, both in size and tenor, including a 4km-long gold-copper-molybdenum anomaly that will be tested. Lando is located 10km northwest of the BBM target and 17km north of the Sceptre target. Geological Significance: Lando shares structural similarities with BBM and lies on the northeast side of the [...]

HIGHLIGHTS Hole OEDD-119 intercepted 52m @ 2.0 grams per tonne gold equivalent from 197m, including 15m @ 3.6 g/t Au, 0.52% Cu, and 479ppm Mo from 208m, and 2m @ 9.3 g/t Au, 0.87% Cu, and 1,206ppm Mo from 215m downhole. Hole OEDD-122 intercepted 32m @ 1.2 g/t AuEq. from 59m downhole. Hole OEDD-119 confirms the higher-grade core to mineralization within a 300m wide plunging shoot. Assays pending for 6 remaining holes from [...]

HIGHLIGHTS The Charger zone stands out with some of the highest-grade intercepts in West Africa in the last 12 months, including 32m @ 45.7 g/t Au from 165m downhole in OEDD-83. Awalé is now following up on these high-grade intersections. Charger is a near-surface, high-grade gold discovery hosted within a 200m-long breccia corridor. Ten holes have been completed at Charger, with drilling on two more in progress, with [...]

HIGHLIGHTS 60m @ 1.4 grams per tonne gold equivalent from 53m, including 9m @ 4.2 g/t AuEq. from 98m downhole in OEDD-111. 33m @ 1.1 g/t AuEq., including 15m @ 1.4 g/t AuEq. from 272m downhole in OEDD-110. 42m @ 0.9 g/t AuEq., including 14m @ 1.7 g/t AuEq. from 336m downhole in hole OEDD-109. Drilling continues to demonstrate excellent continuity over broad width and gold tenor. A total of 6,380m of drilling was completed [...]

HIGHLIGHTS Completed 2,014m scout RC drill program across 22 holes over high-priority geochemical and IP anomalies at the 100%-owned Fremen target, with initial results expected in April 2025. Completed a 150-line-km IP geophysics survey covering over 15km of strike along the BBM trend, with final processed images expected in March 2025. Commenced up to 4,000m of RC drilling on the BBM extensions, with initial results [...]

HIGHLIGHTS 29m @ 2.2 grams per tonne gold equivalent , including 10m @ 2.8 g/t AuEq. from 93m downhole in OEDD-105. 28m @ 1.3 g/t AuEq., including 5m @ 1.8 g/t AuEq. from 256m downhole in OEDD-108. Drilling continues to demonstrate excellent continuity over significant width and gold tenor. A total of 6,380m of drilling was completed across 22 holes and one re-entry hole, marking the completion of this phase at BBM [...]

HIGHLIGHTS Completed a 50-line-kilometre IP geophysics survey covering over 5km of the 100%-owned Fremen target. IP survey identifies chargeable/resistive anomalies that align with a 3.5km-long gold footprint. Commencing discovery drilling with a 2,000m scout reverse circulation drill program. The IP survey is ongoing along the BBM trend. Exploration efforts to date had primarily focused on just 400 km² of the expansive [...]