Iron Oxide Copper Gold (IOCG)

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Awalé Commences Trading on the OTCQX Market in the United States
Newsfile· 2025-07-29 11:00
"Our commencement of trading on the OTCQX is an important step in expanding Awalé's investor base and increasing access to U.S. capital markets," commented Andrew Chubb, CEO of Awalé Resources. "This platform enhances visibility as we continue to build momentum at our Odienné Project in Côte d'Ivoire, where multiple discoveries are positioning us for potential district-scale success. We look forward to engaging with a broader audience of U.S. and global investors as we unlock further value through explorati ...
Inflection Resources to Acquire Portfolio of Australian Copper-Gold Projects from Newmont Corporation
GlobeNewswire News Room· 2025-06-16 10:30
Core Viewpoint - Inflection Resources Ltd. has entered into a definitive agreement to acquire a 100% interest in a portfolio of Australian copper-gold exploration projects from Newmont Corporation, which includes the Tennant East and Bell River projects, indicating a strategic expansion in high-potential mineral exploration [1][3][8]. Group 1: Project Details - The Bell River project spans approximately 115 km² and is located in the Macquarie Arc, known for its rich porphyry copper-gold deposits, situated 65 km north of Newmont's Cadia mine [5][8]. - Significant geological features at Bell River include advanced argillic alteration zones and high gold values of up to 40.8 g/t, with copper content reaching 1% in surface rock samples [6][7]. - The Tennant East project covers around 4,200 km² and consists of twelve exploration licenses, targeting Iron Oxide Copper Gold (IOCG) mineralization with minimal prior exploration [13][15]. Group 2: Acquisition Terms - For the Bell River project, Inflection will issue 1,000,000 common shares to Newmont and make a one-time payment of AUD$2.5 million upon completion of a JORC or NI43-101 compliant Pre-Feasibility Study, plus AUD$5.0 million upon the start of commercial production [21]. - The Tennant East project acquisition involves issuing 250,000 common shares and reimbursing Newmont for tenement renewal fees, with Newmont retaining a 1.5% net smelter return (NSR) royalty [22]. Group 3: Exploration Strategy - Inflection's exploration strategy will focus on systematic reviews of previous exploration data, geological interpretation, and the integration of geological, geochemical, and geophysical data to identify potential mineralization [20]. - The company aims to explore the newly acquired projects in parallel with its existing exploration programs funded by AngloGold Ashanti, leveraging its systematic exploration approach [3][8].
Awalé Hits 12 g/t Gold over 26 Metres Among Multiple High-Grade Intercepts at the Charger Target, Odienné Project
Newsfile· 2025-04-17 11:30
Awalé Hits 12 g/t Gold over 26 Metres Among Multiple High-Grade Intercepts at the Charger Target, Odienné ProjectApril 17, 2025 7:30 AM EDT | Source: Awale Resources Ltd.HIGHLIGHTS26m @ 12 g/t gold from 146m downhole in hole OEDD-12095m @ 1.8 g/t gold from 170m in OEDD-118Discovered a new parallel mineralized zone 50m from Charger's high-grade corridor, containing:26m @ 2 g/t gold from 134m in OEDD-137Shallow mineralization, at less than 70m depth, in OEDD-136 and OEDD-121, including:4.0m @ 18 ...