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Mining

Awalé Resources reveals new gold discovery on Odienné Project in Côte d'Ivoire

Awalé Resources Ltd has announced a new gold-copper discovery at the BBM Target within the Odienné Project in Côte d'Ivoire.

The mineral exploration company said BBM is a significant new greenfield discovery and has excellent scope for rapid expansion.

"We see huge potential to rapidly advance this target with its 8 km of current strike potential," Awale Resources CEO Andrew Chubb said in a statement.

"Now that we have clearly delineated this major domain boundary, we can potentially find new targets between BBM and Lando while we continue to develop these targets," he added.

As well, Awalé reported that further significant results with visible gold have been returned for the Charger Target, which included 32 metres of 1.5 grams per tonne (g/t) gold, in addition to new mineralization from the first two scout holes at the Lando Target, which lies 10 km northwest of the new BBM discovery and is associated with the same mineralized corridor.

Chubb noted that Initial drilling at Lando is encouraging and warrants further systematic drilling at this target.

The company added that the final holes drilled at Charger have opened a new mineralized orientation now being targeted in the current drill program, launched just before Christmas.

Awalé Resources currently undertakes exploration activities in the underexplored parts of Côte d'Ivoire, including a fully funded earn-in joint venture with Newmont covering one permit and one application within the greater Odienné copper-gold project.

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