Awalé Resources Signs Drill for Equity Memorandum of Understanding over Odienné and Bondoukou

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[{"type":"text","content":"\n \n \n \n Awalé Resources Signs Drill for Equity Memorandum of Understanding over Odienné and Bondoukou\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.prnml40{\nMARGIN-LEFT:3.33em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n April 12, 2021\n \n /CNW/ - Awalé Resources Ltd. (TSXV: ARIC) (the \"Company\" or \"Awalé\") is pleased to announce that it has entered into a binding Memorandum of Understanding (\"MoU\") with Geodrill Limited (TSX: GEO) (\"Geodrill\" ) for a\n \n US$1 million\n \n drilling for equity program on Awalé's Odienné and Bondoukou gold projects in Côte d'Ivoire.\n \n \n This MoU covers a minimum of 10,000 meters of drilling for value\n \n US$1 million\n \n , commencing in April over the Company's two focus areas.\n \n \n \n Odienné Project (North West Côte d'Ivoire)- Resource definition and discovery drilling focussed on rapidly building near surface gold ounces both in and around the existing Empire Main discovery area. Extending mineralization over the\n \n 900m\n \n geochemical footprint at the Empire Main high grade gold discovery is a priority and the Charger prospect just to the north of Empire main will also be drill tested. Charger is a compelling\n \n 700m\n \n long high order geochemical anomaly that lies withing the Empire Corridor.\n \n \n \n Refer recent announcements and latest presentation:\n \n \n https://www.awaleresources.com/_resources/presentations/corporate-presentation.pdf\n \n \n \n \n Bondoukou Project (North East Côte d'Ivoire)- Discovery drilling over 5 to potentially 8 new drill ready targets hosted along a 60 km near continuous gold anomalous structural setting. These high order drill targets have been generated through the last two years of systematic exploration. Each of the new targets have different geological and structural settings and are situated over all three granted tenements. The prospects include\n \n Samanda West\n \n , Awari Shear and the Kodio Gold trend. Refer Latest presentation link above....

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