Awalé Resources Commences Trading on TSX Venture Exchange

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[{"type":"text","content":"\n\n\n\nAwalé Resources Commences Trading on TSX Venture Exchange\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Jan. 8, 2018\n\n\n\nNew Gold Explorer Focused on Côte d'Ivoire Greenstone Belt\n\n\n\nVANCOUVER, Jan. 8, 2018 /CNW/ - Awalé Resources Limited (\"Awalé\" or the \"Company\") (TSXV: ARIC), listed on the TSX Venture Exchange (the \"Exchange\"), is pleased to announce that it will begin trading on the Exchange at market open today.  \n\nAwalé is a gold exploration company focused on the highly prospective Birimian Greenstone Belts of West Africa.  \n\nThe Company's main focus is on the Bondoukou Project in the North East of Côte d'Ivoire where 4,743m of RC drilling has recently completed in 57 holes over the first 4 drill ready targets from the identified initial 12.  The targets are potential high grade mineralised systems along structures defined by aerial and ground geophysics with coincident >50 to 100ppb Auger geochemistry at the Fako and Elisabeth prospects as well as artisanal mining zones at Casino and Ngouan that have returned moderate to high grade rock chip samples up to 589g/t Au at Casino and 16.7 g/t Au at Ngouan.  Broad alteration zones have been observed in the drilling at the Fako and Casino prospects. The Fako and Fako South prospects have shown a combination of fuchsite dominant alteration, with sericite, albite, and carbonate alteration with a lesser sulphide (predominantly pyrite), While early logging at Casino has revealed a sericite dominant alteration system associated with sulphide development in the core of the alteration. Both prospects have associated quartz veining. \n\nResults of this drilling are expected in late January which will determine future strategy for these 4 targets.  The Company is also continuing regional exploration on the balance of the 1,200km2 area comprising the Bondoukou Project in order to develop and advance further identified target areas to drill ready status.  For further details,...

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