Awale Resources reports more significant assay results at Odienné project in Côte d'Ivoire
London, UK
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March 21, 2024 11:39 AM Eastern Daylight Time
Awale Resources Ltd (TSX-V:ARIC) CEO Andrew Chubb shares positive assay results from follow-up drilling at the new gold-copper discovery at the BBM Target within the Odienné Project in Côte d'Ivoire with Proactive's Stephen Gunnion.
Initially discovered in January with four initial drill holes spaced 500 metres apart, subsequent drilling improved results, tracking down a plunge with broader intercepts. The most notable result was 75 metres at 2.4 grams per tonne equivalent, among other similarly promising findings. The company now plans to pursue further drilling to explore the shear zone-hosted target's potential, aiming to scope out grade and geology continuity in preparation for resource drilling later in the year at BBM, as well as the Charger and Sceptre targets, promising an exciting year ahead.
In addition to BBM, 4,000 metres were drilled in the current programme, with results from Charger and Sceptre pending. Chubb announced a significant drilling plan of 25,000 metres for the year, which will focus on both advancing current discoveries and exploring new targets. This ambitious drilling programme is fully funded by Awalé's joint venture partner, Newmont, allowing the company to progress without needing to raise additional funds from the market.
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