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Awalé Resources Expands its Exploration Footprint in the Odienné District
Awalé Resources Expands its Exploration Footprint in the Odienné District ...
About this update from Awale Resources Limited
[{"type":"text","content":"\n \n \n \n Awalé Resources Expands its Exploration Footprint in the Odienné District\n \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.prntal{\nTEXT-ALIGN: LEFT\n}\n.prnml40{\nMARGIN-LEFT:3.33em !IMPORTANT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n July 19, 2022\n \n \n /CNW/ - Awalé Resources Limited (\"\n \n Awalé\n \n \" or the \"\n \n Company\n \n \") (TSXV: ARIC) is pleased to announce that the company has expanded its exploration footprint and focus in the Odienné Iron Oxide Copper Gold (\"IOCG\") district in Côte d'Ivoire. The expansion is executed through an option to purchase agreement with Turaco Gold Limited over the PR 840 \"Sienso\" permit in Côte d'Ivoire (Figures 1, 2). The new 326 km\n \n 2\n \n granted permit borders the eastern flank of the recently announced Awale – Newmont Corporation Joint Venture project (\n \n release dated\n \n 31 May 2022\n \n \n ).\n \n \n Link to Figures:\n \n http://www.awaleresources.com/_resources/maps/2022-07-15-Figures-Turaco-Option.pdf\n \n \n \n Company CEO\n \n Glen Parsons\n \n commented today:\n \n \n \"This exciting new permit acquisition option sits outside of the Odienné Joint Venture area with Newmont, but complements Awalé's 100% owned permit focus in a district which has a similar geological setting to the Joint Venture Area. Awalé's work to date on the Odienné Project has shown potential to host two primary target styles for world-class discoveries: i) the gold-rich Empire corridor in the south and ii) the recently defined\n \n Sceptre\n \n and Charger IOCG targets copper -gold targets. We look forward to advancing this new permit as well as our applications (Figure 2) to similar drill targeting stages.\"\n \n \n The Permit is a natural accretive acquisition for Awale at the Odienné project area which Awalé now recognizes as a gold and copper district with significant exploration potential in Côte d'Ivoire.  The permit covers a large portion of the Sassandra belt basin margin stru...