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Awale Resources Ltd.

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Summary

Project:

Odienne

Deposit:Empire
Location:Cote D'Ivoire
Commodities:Gold
Date:12/23/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:23-12-2019: Awale Resources Ltd. announces an Exploration/Drilling Update report for its Empire deposit at the Odienne project. Drilling results incl. 17m @ 2.6g/t Au from 40m. Vancouver, BC, December 23 2019 – Awalé Resources Limited (“Awalé” or the “Com
Resources:x
CP/QP:[Overall Report]: Andrew Chubb (Internal)
ABSTRACT:Vancouver, BC, December 23 2019 – Awalé Resources Limited (“Awalé” or the “Company”) (TSXV: ARIC) is pleased to report from the Odienné Project (Figure 1) that ongoing drilling at the Empire prospect successfully continues to extend gold mineralization reported in discovery holes OEDD0001 and OEDD002 (see Company News Release dated November 19, 2019). Assays for a further 7 holes (OEDD0003-0007 and OEDD0009-00010; Figure 2) have now been received, with results extending gold mineralization to at least 120m vertical depth along the discovery section and an initial 100m along strike on line 2a. Gold mineralization in the holes being reported is hosted within the same diorite unit with brittle/ductile deformation as observed in the discovery holes. The current drilling at Empire represents the first ever drill testing of the core of the 3km long, 250m wide soil gold anomaly previously defined by the Company (Figure 3). Drilling to date is labelled as NQ diamond drilling (“DD”) and reverse circulation drilling (“RC”).

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