Awalé Resources Ltd. is pleased to announce an increase in the geochemical footprint of the high grade Empire Main gold discovery to a strike length of 900m, as well as a new greater than >600m long high order gold anomaly at the Charger Target . Results reported in this release are from an 859 hole auger drill program covering Empire West, Empire Gap and the new Charger target. The drill ready strike extent and an offset [...]
Awalé Resources Ltd. is pleased to report further exceptional gold results and confirmation of plunge continuity of mineralization from the final 5 holes of the Phase 2 drill program at the Empire gold discovery . These reported drill holes have successfully confirmed both the high-grade nature and steep westerly plunge continuity of mineralization at Empire Main. The plunging mineralization remains open and is now tested [...]
Awalé Resources Ltd. is pleased to announce the results of preliminary metallurgical testwork undertaken on 781 mineralized drill core samples from the Empire discovery, with exceptionally high gold recoveries being reported from LeachWELLTM bottle roll tests. Highlights Exceptionally high gold recoveries were returned from LeachWELLTM analyses of all drill core samples at the Empire discovery with gold grades > 0.2 grams [...]
Awalé Resources Ltd. is pleased to report further exceptional gold results from scout drilling over the Empire East extension targets. Assays reported in this release are from the final 15 scout RC holes drilled over gold in auger Anomaly 1, which commences 500 m E of the Empire Main discovery. The scout drill program is now complete with 54 holes drilled for 4,523m. This drilling partially covers a total strike length of [...]
Awalé Resources Ltd. is pleased to report further exceptional gold results from the phase 2 drill program at the Empire gold discovery and extension targets . Assays are reported for 9 drill holes completed at the Empire Main discovery, including holes OED-031 & OEDD-32, which successfully intersected a previously untested high grade NE trending vein array with wider and multiple lodes of gold mineralization. Initial [...]
Awalé Resources Ltd. is pleased to report exceptional gold results from the phase 2 drill program at the Empire gold discovery. The next 3 holes reported in this release represent step out holes drilled strike east of last known mineralization from the discovery program. The current diamond drill program for Empire Main is now complete with 13 holes drilled for 1695 meters. Including the 3 holes in this release 5 holes [...]
Awalé Resources Ltd. is pleased to report results from the first two holes of its phase 2 program at the Empire gold discovery. Five holes have now been completed at Empire Main with the 6th hole underway for total of c.800 meters drilled to date. Up to 1500 drill meters have been planned for Empire Main and a further 4500 meters for strike extension targets from the Empire Main discovery. Highlights from these first 2 [...]
Awalé Resources Ltd. is pleased to report that it has completed the first 2 diamond holes of its Phase 2 drill program at the Empire high grade gold discovery. The first holes of this program were designed to test for potential down-plunge extensions to the gold mineralization in discovery holes OEDD0001 and -OEDD0002. These holes have successfully intersected target geology and alteration with visible gold reported from [...]
Awalé Resources Ltd. is pleased to report that the phase 2 drill program has commenced at the previously announced Empire gold discovery on the Odienné project in northwest Côte d'Ivoire. The program is combined RC/Diamond and consists of a minimum of 5000 metres in c. 50 holes. The Empire discovery includes a robust 200m long and greater than 200m deep mineralized zone containing high grade visible gold in fresh rock [...]
Awalé Resources Ltd. reports that the Board has approved and granted an aggregate 2,400,000 stock options to employees and consultants and an aggregate of 2,650,000 stock options to directors and officers with an exercise price of C$0.25. All options granted are subject to a one year vesting period, after which they become exercisable, and have a 3 year term with an expiry date of July 24, 2023. "Glen Parsons" Glen [...]
Awalé Resources Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement of 44,417,440 Units at a price of $0.07 cents per Unit, raising gross proceeds of $3,109,222. Each Unit consists of one common share of the Company and one share purchase warrant entitling the holder to acquire one additional common share at a price of $0.14 cents until expiry on July 8, 2023. The [...]
Awalé Resources Ltd. is pleased to announce, with a lead order from Palisades Goldcorp Ltd.; that the Company has negotiated a non-brokered private placement, of 42,857,400 Units at a price of CDN $0.07 per Unit. Each Unit consisting of one common share and one share purchase warrant. Each warrant entitling the holder to acquire one additional common share at CAD $0.14 per share for a period of 36 months from issuance [...]
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