Slide 1: Awale Resources – Poised for Multiple District Scale Gold Discoveries in Côte d'Ivoire
AWALE RESOURCES– POISED FOR MUTIPLE DISTRICT SCALE GOLD DISCOVERIES IN CÔTE D’IVOIRE TSXV-ARIC September 2020 New photo or photos AWALE RESOURCES– FIRST GOLD DISCOVERY at the ODIENNE –EMPIRE PROSPECT Chief Executive Officer - Glen Parsons Chief Operating Officer - Andrew Chubb Investor Relations - K
Slide 2: Disclaimer & Forward Looking Statements
Disclaimer & Forward Looking Statements The content of this promotion has not been approved by an authorised person within the to engage in investment activity on the ground that it is only being made to or directed at meaning of the Financial Services and Markets Act 2000. Reliance on this promotio
Slide 3: Investment Summary
Investment Summary • Under explored Jurisdiction- 33% of West Africa’s Birimian Geology with less than 10 percent of resources • Large strategic gold anomalous land package with district scale over 3 projects areas covering 2,307 km 2: o Bondoukou 100% (1,192 km 2), o Abengourou 100% (718 km 2). o O
Slide 4: Odienné Project – Empire Discovery
Odienné Project – Empire Discovery Empire Discovery 4
Slide 5: Odienné Project – Empire Discovery
Odienné Project– Empire Discovery • High Grade mineralisation with visible gold - robust mineralisation and continuity over central drill zone • Open in all directions • Empire is a ‘classic’ orogenic shear zone hosted gold target, which has potential to build to +1m Oz rapidly • Hosted in within a
Slide 6: Odienné Project – Empire Discovery & Next Steps
Odienné Project– Empire Discovery & Next Steps Extension and Plunge Testing ▪Testing a shallow eastward plunge to high grade gold mineralization. ▪A flexure in footwall geometry is modelled to be the principle control to this mineralization, ▪Secondary controls also being tested based on flat dippin
Slide 7: Odienné Project – Empire Discovery Next Steps
Odienné Project– Empire Discovery Next Steps Current Extension and Plunge Testing - First 2 Holes Down-strike view of the of the Intrusive 3D model illustrating the relationship between diorite and mineralization. Cross Section P1 Main fluid pathway & Structural control VG Veins in OEDD16/17 7
Slide 8: Odienné Project – Discovery Drilling, Extension and Plunge Testing
Odienné Project– Empire Discovery Next Steps - Discovery drilling - Extension and Plunge Testing - Exploration Drilling - Upside 3 New Targets from Gold in Auger - Discovery Plunge Test– Current Drilling - New Target – Current Program 8
Slide 9: Odienné Project – Planned Works and Upside
Odienné Project– Planned works and upside • Aerial Magnetics and Radiometrics Q4 • c. 1000 Termitaria samples collected – Ongoing • Orientation Termitaria successful • Auger programs – Empire strike extensions - <20 km of structure to follow • Follow up Drilling 9
Slide 10: Bondoukou Project – Ongoing Drill Target Generation
Bondoukou Project- On going Drill Target Generation Regional Scale Interpretation from Geophysics and surface mapping and sampling on the Bondoukou Permits has identified four (4) fertile fluid pathways, generating a pipeline of potential sites for gold mineralization. Continue defining targets to d
Slide 11: Bondoukou Project – Bandoli Syncline/Awari Shear – New Gold Anomalies Identified
Bondoukou Project – Bandoli Syncline/Awari Shear – New Gold Anomalies Identified • ‘Awassi’ - Previously untested northwest extension of the Awari Shear • Drilled on a 640m line spacing • Anomalous zones are defined by >13ppb gold anomalism with >50ppb cores and a maximum value of 569ppb • ‘Kodio’ -
Slide 12: Bondoukou Project – The Awari Shear – Fako Trenching
Bondoukou Project – The Awari Shear – Fako Trenching Highlights of the program completed to date include: ➢ BETR0003: 8m at 1.6 g/t Au from 4m and 17 meters at 2.6 g/t Au from 62 meters including 1m intervals at 10.5 g/t Au from 63m, 11.5 g/t Au from 65m and 1m at 4.8 g/t Au from 73m. Selective samp
Slide 13: Bondoukou Project – Kodio Trend
Bondoukou Project– Kodio Trend Fractured and brecciated quartz vein with silica hematite infill , boxworks 7.03 g/t Au Silicified breccia. Rare sulphide. 9.85 g/t Au • 17km long Trend • Gold Bearing (rock chip and stream • 1st Pass Auger recently completed 640x 50m spacing – covers entire 17km • Pro
Slide 14: Bondoukou Project – Samanda Target
Bondoukou Project – Samanda Target • Two new 3km long gold targets along the previously untested Samanda Trend • Greater than 10ppb gold (“Au”) soil anomalies with >40ppb Au cores and a peak value of 4,297 ppb Au. 14
Slide 15: Abengourou Project – Results and Planned Works
Abengourou Project– Results and Planned works Results from exploration: ▪ Confirmation by Awalé of large soil anomalies ▪ Planned / Current Works o Ongoing geological mapping, pitting and trenching. o Following successful geo-chemical results – possible scout drilling of high priority drill targets.
Slide 16: Corporate Summary
Corporate Summary Board Shares in Issue 124,07M CEO - Glen Parsons ( Previous CEO Mariana Resources Limited) Director - Eric Roth ( Previous COO Mariana Resources Limited) Warrants in Issue (Per Insert) 50.06 Million Director - Ron Ho, Sandstorm Gold Limited Director - Derk Hartman Options- under pl
Slide 17: Summary of Planned Exploration Program
Summary of planned Exploration Program ODIENNE ( Awalé's first gold discovery) • Drilling underway = Discovery Zone - Drill Infill/Plunge Testing—c.1500, New Testing new Auger Targets – c.4000-4500m ( RC with some DD) • Follow up Drilling Q3/4 • Aero Magnetic survey Q4 • Regional—Ongoing mapping, tre
Slide 18: Odienné Project – Multi-element Chemistry
Odienné Project– Multi-element Chemistry Tellurium over Gridded Gold Immobile Element Data 18
Slide 19: Thank You
Thank You www.awaleresources.com