Awalé Announces 100,000-Metre Drill Program at Odienné
Newsfile·2025-10-03 11:00

Core Insights - Awalé Resources Limited is initiating a significant drilling program of up to 100,000 metres at the Odienné Project in Côte d'Ivoire, aimed at resource definition and discovery through 2026 [1][2][4] - The program is expected to lead to the first Mineral Resource Estimate and Preliminary Economic Assessment by Q2 2026, with a Pre-Feasibility Study planned for 2027 [2][4] - The company is also advancing exploration on newly granted Sama and Seydou permits, which are believed to have district-scale potential [3][4] Company Overview - Awalé Resources is focused on discovering large high-grade gold and copper-gold deposits in Côte d'Ivoire, covering an area of 2,346 km² across seven permits [9][10] - The company has an inventory of discoveries indicating the Odienné Project as a district-scale mineralized system, with ongoing exploration on both joint venture and 100%-owned properties [10][11] - The company is well-financed with C$15 million cash on hand, supporting its ambitious drilling program [7][5] Drilling Program Details - Drilling is set to commence after the rainy season in October 2025, with plans for near-continuous drilling throughout 2026 using up to five rigs [6][7] - The program includes a 12,000-metre discovery drill program on 100%-owned permits and an additional 88,000-metre program on the Odienné East JV permit [7] - The company anticipates publishing assay results from previous drilling at Charger, BBM, and Fremen in the near term [6]