Awale Resources Limited · TSXV:ARIC

Awale Resources — Investor Presentation (March 2021)

23 slides from Awale Resources's investor presentation, March 2021

  1. Slide 1: Empire High Grade Gold Discovery

    EMPIRE HIGH GRADE GOLD DISCOVERY TSXV-ARIC March 2021 New photo or photos ADVANCING HIGH GRADE GOLD DISCOVERIES IN CÔTE D’IVOIRE

  2. 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

  3. Slide 3: Awale's Project Portfolio

    AWALE’S PROJECT PORTFOLIO Discovering High-Grade Gold Deposits in Côte d’Ivoire Geared for multiple district scale gold discoveries in the most underexplored Birimian terrains of west Africa Odienné Project  397km2 granted tenement in NW Côte d’Ivoire plus 400km2 contiguous application  Maiden dri

  4. Slide 4: Corporate Summary

    Corporate Summary Board CEO - Glen Parsons ( Previous CEO Mariana Resources Limited) Shares in Issue 124,07M 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

  5. Slide 5: Odienné Project – Project Summary – Empire Discovery

    Odienné Project – Project Summary – Empire Discovery 5

  6. Slide 6: Project Genesis - Greenfields to Discovery

    Odienné Project Genesis - Greenfields to Discovery 2018 2019 Early 2020 – Empire Discovery • Empire and Vakaba Prospect readied for scout drilling • Initial BLEG/Stream sediment sampling and soil geochemical sampling uncovered 3 strongly anomalous prospect areas. • Gold hosted in high grade quartz v

  7. Slide 7: Empire Project Main Zone – Awalé's First New Discovery

    Empire Project Main Zone– Awalé's First New Discovery First Proven robust High Grade Mineralized Envelope within Multiple Phase Fluid Flow Trend Robust high-grade intercepts • OEDD-1 - 10.4m at 7.9 g/t Au from 40m • OEDD-2 - 27m at 3.1 g/t Au from 43.2m • OEDD-9 – 2.7m at 15.4 g/t Au from 40m  9.3m

  8. Slide 8: Empire Discovery - Next Steps 5,000m drilling

    Empire Discovery - Next Steps 5,000m drilling Priority high order drill ready targets- Demonstrated High Grade Fluid Flow within the > 20km long Empire Corridor -New Priority Drill Targets -Follow up drilling 8

  9. Slide 9: Bondoukou Project – Bandoli Syncline/Awari Shear – New Gold Anomalies

    Bondoukou Project – Bandoli Syncline/Awari Shear – New Gold Anomalies- Poised for Discovery Q2 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 min

  10. Slide 10: Summary of planned Exploration Program

    Summary of planned Exploration Program ODIENNE ( Awalé's first new gold discovery) Build Gold ounces Q2 • Follow up Drilling Q2 – prior to wet season 5,000m • Main Zone ‘Brownfield’ and Extension targets • Follow up Anomaly 1 and 2 • New Target scout drilling along structural corridor • Aero Magneti

  11. Slide 11: Thank You

    Thank You www.awaleresources.com

  12. Slide 12: Project Appendices

    Project Appendices 12

  13. Slide 13: Odienné Project – Empire Discovery

    Odienné Project– Empire Discovery DRILLING HIGHLIGHTS • OEDD-1 - 10.4m at 7.9 g/t Au from 40m • OEDD-2 - 27m at 3.1 g/t Au from 43.2m • OEDD-9 – 2.7m at 15.4 g/t Au from 40m  9.3m at 2.7 g/t Au from 90m  3m at 7.6 g/t Au from 111m • OEDD-16 – 17m at 3.5 g/t Au from 86m • OEDD-18 – 11m at 4.9 g/t A

  14. Slide 14: Proven High Grade Fluid Flow on >20km of Fertile Structure Trend

    Odienné Project– Phase 2 Drilling – Empire Main Proven High Grade Fluid Flow on >20km of Fertile Structure Trend. 3D Au grade shells and modelled diorite – Same location as 2D long section to left (1030250N) 350RL Target 50m OEDD0018 – 40.7m to 46.3m (11m at 4.9 g/t Au from40m) 3D Cross Section – 64

  15. Slide 15: Type Cross Sections

    Odienné Project– Phase 2 Drilling – Empire Main Type Cross Sections 15

  16. Slide 16: Extension Anomalies - Proven mineralization with visible gold

    Odienné Project– Phase 2 Drilling New Discoveries Extension Anomalies- Proven mineralization with visible gold similar to Empire Main 400m 1km Charger Prospect Map E2 Area Empire Corridor E1 16

  17. Slide 17: Extension Anomalies and Anomaly 1 Section L6

    Odienné Project– Phase 2 Drilling Extension Anomalies 1 and 2 Anomaly 1 Section L6 PHOTO OEDD-20/Anomaly 2 (lower) and OEDD-16/Empire Main (top) – • Shows similarity of alteration/mineralisation between Anomaly 2 and Empire Main discovery. • Qtz veins in diorite with biotite + calcsilicate alteratio

  18. Slide 18: Odienné Project – Planned works and upside

    Odienné Project– Planned works and upside BROWNFIELDS - Build Au oz by extension and discovery of new proximal deposits EMPIRE MAIN • Aircore and RC drilling • Plunge test – Follow up recent 350 RL drilling • New Targets – RC-16 and IP/Mag EXTENSION ANOMALIES • Follow-up drilling at Anomalies 1 and

  19. Slide 19: Tellurium over Gridded Gold

    Odienné Project– Multi-element Chemistry Tellurium over Gridded Gold Immobile Element Data 19

  20. Slide 20: Bondoukou Project – Bandoli Syncline/Awari Shear – New Gold Anomalies

    Bondoukou Project – Bandoli Syncline/Awari Shear – New Gold Anomalies- Poised for Discovery Q2 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 min

  21. Slide 21: 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

  22. Slide 22: Bondoukou Project – Samanda Target

    Bondoukou Project – Samanda Target • Two x3km long gold >10 ppb targets – Structural trend along Arcuate intrusive contact • Samanda East - 1.5 km long >20 ppb Au anomaly, with a 350m by 300m core at >300ppb Au with a peak value of 1.2 g/t Au • Samanda West - several high order anomalies with contai

  23. Slide 23: Bondoukou Project – The Awari Shear – Fako Drilling & Trenching

    Bondoukou Project – The Awari Shear – Fako Drilling & Trenching BETR-03: 17m at 2.6g/t Au BETR-05: 21m at 2g/t Au BERC-19: 18m at 1 g/t Au BERC-08: 20m at 0.9 g/t Au 23

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