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Awalé Announces New Gold Discovery on the Odienné Project
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2024) - Awalé Resources Limited (...
About this update from Awale Resources Limited
[{"type":"text","content":"Awalé Announces New Gold Discovery on the Odienné ProjectVancouver, British Columbia--(Newsfile Corp. - January 11, 2024) - Awalé Resources Limited (TSXV: ARIC) (\"Awalé\" or the \"Company\") is pleased to announce a new gold-copper discovery at the BBM Target within the Odienné Project in Côte d'Ivoire. BBM is a significant new greenfield discovery for the Company and has excellent scope for rapid expansion. In addition to the new discovery, further significant results with visible gold have been returned for the Charger Target and new mineralization from the first two scout holes at the Lando Target, which lies 10km NW of the new BBM discovery and is associated with the same mineralized corridor (Figures 1 and 2).BBM Discovery Highlights Hole OEDD-59: 44m at 1.1 g/t Au and 0.2% CuIncluding 32m @ 1.5 g/t Au, 0.3 % Cu and 1.1 g/t Ag (2.12 g/t Au Equivalent) from 68mIncluding 3m @ 5.2 g/t Au, 0.3% Cu and 1.5 g/t Ag from 77mHole OEDD-61: 51.9m @ 0.5 g/t Au, 0.27% Cu and 1.5 g/t Ag (0.9 g/t Au Equivalent) from 25m Hole OEDD-62 (50m step back from OEDD-59): 18.25m at 1.8 g/t Au, 0.3% Cu and 1.4 g/t Ag (2.4 g/t Au Equivalent) from 156m Including 2m at 5.8 g/t Au, 0.5% Cu and 2.3 g/t Ag.Four holes for 644m were drilled at BBM on three sections covering a 910m strike of one of the higher tenor Au/Cu geochemical anomalies within an open 8km long geochemical +20ppb gold in termitaria trend. All holes intercepted mineralization (Figures 3 and 4). The broad gold and copper mineralization and alteration are controlled by a shear zone that is proximal to an intrusive/sedimentary contact that can be followed along strike for rapid expansion in future drilling. Charger HighlightsHole OEDD-53 (50m step back from previously reported OEDD-45): 32m @ 1.5g/t Au and 1.5 g/t Ag from 215m downholeIncluding 3m @ 5.2g/t Au from 77m Hole OEDD-52: 4m at 1.1g/t Au from 39m and 4m at 1.1 g/t Au from 72m The final six holes for 940m at Charger (Figures 5 and 6) were drilled to follow up on previously reported mineralization and to identify and validate a remodeled structural framework for gold mineralization at this target. This new model opens volume potential at Charger. Hole OEDD-53 confirmed the down dip continuity of breccia mineralization, while the mineralization reported for OEDD-52 is significant as it proves the p...