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Awale Resources Ltd.
Summary
| Project: | Odienne | |
|---|---|---|
| Deposit: | Empire | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 11/19/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-11-2019: Awale Resources Ltd. announces an Exploration/Drilling Update report for its Empire deposit at the Odienne project. Drilling results incl. 18.15m @ 4.9g/t Au from 40m. VANCOUVER, Nov. 19, 2019 /CNW/ - Awalé Resources Limited ("Awalé" or the "C | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Chubb (Internal) | |
| ABSTRACT: | VANCOUVER, Nov. 19, 2019 /CNW/ - Awalé Resources Limited ("Awalé" or the "Company") (TSXV: ARIC) is pleased to announce initial high-grade drill results from the first two holes of its planned 2,500 metre drill program at the Empire prospect, Odienné Gold Project, Cote d'Ivoire (Figure 1). These drill holes represent the first ever test of the core area of the 3 km long, 250m wide soil gold anomaly previously defined by the Company at Empire (figure 2). Both drill holes contain visible gold in extensional quartz veins hosted within a brittle/ductile deformation zone in a diorite body that has intruded a pre-existing WNW trending mylonite bearing structure (Figures 3 and 4). All reported intervals occur beneath the zone of oxidation and within sulfide-bearing vein assemblages. Hole OEDD0003 has now been completed as a step back behind OEDD002, this hole has intercepted a similar visible gold bearing brittle ductile zone; assays for this hole are awaited. This mineralisation is 80 metres down dip of the intersections in holes OEDD0001 and OEDD0002 and demonstrates down dip continuity of a potentially significant mineralised system. Veins within this deformation zone also contain free gold. Photographs of visible gold in drill core are shown in figure 5. | |
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