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Awale Resources "well set up for a good year" in 2024

Awale Resources "well set up for a good year" in 2024

Awale Resources Ltd (TSX-V:ARIC) CEO Andrew Chubb speaks to Thomas Warner from Proactive after the junior exploration company kicked off 2024 by announcing 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. Chubb gives an overview of progress at BBM and also discusses advancements at another target, Charger, where a new structural model led to successful drilling and deeper results, including 32 meters at 1.5 grammes per tonne. This model potentially indicates the main structural feeder to the system, enhancing Charger's volume prospects.

Awale Resources anticipates more promising outcomes as they continue drilling into 2024. The company is also exploring Lando, a prospect within the same structural corridor as BBM, promising follow-up drilling based on initial results.

Chubb expressed optimism for 2024, citing three discoveries in 2023 and significant corporate restructuring, including recapitalisation and management changes. These developments, he believes, position Awale Resources for a successful year ahead.

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