Core Insights - Luca Mining Corp. has reported high-grade gold mineralization results from its ongoing drilling program at the Tahuehueto gold-silver mine in Durango, Mexico, confirming the continuity of breccia-hosted mineralization and highlighting potential for resource expansion [1][2] - The company has increased its 2026 drill budget by 40% to $3.5 million based on strong drilling results, with a total of 28 underground holes and 19 surface holes completed to date [1][2] - Significant high-grade intercepts were recorded, including 7.6 meters of 16.08 g/t AuEq and 5.4 meters of 16.00 g/t AuEq, indicating strong continuity of mineralization in unmined areas [1][2] Drilling Results - The drilling program targeted a previously untested zone approximately 30 meters below active mine workings, confirming the strike continuity of the high-grade breccia zone [1][2] - Key intercepts include: - DDH26-SU-01: 7.6 m @ 16.08 g/t AuEq (14.27 g/t Au, 46.64 g/t Ag, 0.33% Cu, 2.57% Pb, 1.19% Zn) [1][2] - DDH26-SU-02: 1.9 m @ 6.77 g/t AuEq (1.38 g/t Au, 178.00 g/t Ag, 2.38% Cu, 0.76% Pb, 0.69% Zn) [1][2] - DDH26-SU-03: 13.2 m @ 7.11 g/t AuEq (6.66 g/t Au, 17.18 g/t Ag, 0.04% Cu, 0.25% Pb, 0.65% Zn) [1][2] Exploration Program - The 2026 exploration program aims to expand known mineral resources and define the vertical and lateral extent of mineralization, with at least 14 additional prospective veins documented within the concession area [1][2] - The Tahuehueto property features approximately 11 kilometers of known vein strike length, with significant exploration upside compared to the current mineral resource model [1][2]

Core Viewpoint - Awalé Resources Limited has announced promising step-down drilling results from the Charger target at its Odienné Project in Côte d'Ivoire, indicating strong continuity of high-grade gold mineralization and potential for further discoveries [2][4]. Drilling Results - The latest drilling results include a significant intercept of 52.8 g/t gold over 9 metres in hole CHDD-03, which remains open to the northeast, suggesting the possibility of a new high-grade hinge zone [3][8]. - Other notable intercepts include 10.6 g/t gold over 7 metres from CHDD-02 and 17.6 g/t gold over 4 metres from CHDD-04, reinforcing the high-grade potential of the Charger target [8]. Exploration Program - The current drilling program is part of a larger 100,000-metre resource development campaign, with six holes reported as part of a 17-hole phase aimed at supporting an initial mineral resource estimate for the Charger target [4][5]. - Drilling has confirmed the continuity of a steep, southwest-plunging high-grade gold breccia and vein system, with results from additional holes still pending [6][7]. Project Overview - The Odienné Project covers 2,346 km² across seven permits, with ongoing exploration activities in underexplored regions of Côte d'Ivoire [8][9]. - The project has multiple pipeline prospects with substantial upside potential, characterized by geochemical signatures similar to Iron Oxide Copper Gold (IOCG) systems [10]. Company Background - Awalé Resources is focused on discovering large high-grade gold and copper-gold deposits, currently managing exploration activities under a joint venture with Newmont Ventures Limited [9][10]. - The company benefits from a skilled technical team and operates in a pro-mining jurisdiction, enhancing its potential for district-scale discoveries [10].