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FILING OF NI 43-101 TECHNICAL REPORT

FILING OF NI 43-101 TECHNICAL REPORT Canada NewsWire For Colossal Gold's ...

articleAwale Resources LimitedDecember 15, 20225/company/awale-resources-ltd/news/filing-of-ni-43-101-technical-report
FILING OF NI 43-101 TECHNICAL REPORT

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[{"type":"text","content":"\n \n \n \n FILING OF NI 43-101 TECHNICAL REPORT\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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n For\n \n \n Colossal Gold's Northwest Goliath Project in Suriname\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Dec. 15, 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 the Company has filed a technical report (the \"\n \n Report\n \n \") regarding the Northwest Goliath Project in Suriname. This prospective gold project, along trend from the Rosebel Mine in Suriname, forms part of the acquisition of Colossal Gold Resources Limited (\"\n \n Colossal\n \n \") by Awalé (the \"\n \n Acquisition\n \n \") pursuant to a letter agreement dated\n \n September 12, 2022\n \n between Awalé, Colossal and the shareholders of Colossal.  The Report was prepared pursuant to the policies of the TSX Venture Exchange (\"\n \n TSXV\n \n \") and in accordance with National Instrument 43-101 – Standards for Disclosure for Mineral Projects.\n \n \n The Acquisition is conditional on, among other matters, the Company satisfying the requirements outlined in the TSXV's conditional acceptance letter in compliance with TSXV Policy 5.3 which the Company is in the process of completing (refer news release date\n \n October 11, 2022\n \n ).\n \n \n A copy of the Report is available for review on both SEDAR (\n \n \n www.sedar.com\n \n \n ) and on the Company's website at\n \n www.awaleresources.com\n \n .\n \n \n \n About Awalé Resources\n \n \n \n Awalé is an exploration company focused on the discovery of large high-grade gold and copper-gold deposits. The Company currently undertakes exploration activities in the underexplored parts of Côte d'Ivoire. Awalé's success to date at the Odienné Project in the Northwest of Côte d'Ivoire has culminated in a fully funded earn-in Joint Venture with Newmont (the \"Newmont JV\") covering the Odienné Project where two primary...

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