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Awale Resources Ltd.

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Summary

Project:

Odienne

Deposit:Empire
Location:Cote D'Ivoire
Commodities:Gold
Date:2/26/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:26-2-2020: Awale Resources Ltd. announces an Exploration/Drilling Update report for its Empire deposit at the Odienne project. Drilling results incl. 29m @ 0.8g/t Au from 140m. Vancouver, BC, February 26, 2020 – Awalé Resources Limited (“Awalé” or the “Co
Resources:x
CP/QP:[Overall Report]: Andrew Chubb (Internal)
ABSTRACT:Vancouver, BC, February 26, 2020 – Awalé Resources Limited (“Awalé” or the “Company”) (TSXV: ARIC) is pleased to report results from the last 2 holes of the maiden drilling program at the Empire high grade gold discovery (Figures 1 and 2). The final step back diamond hole has intercepted target geology, alteration and mineralization to a vertical depth of greater than 200m (Figure 3). Visible gold has been observed at the same mineralized intervals reported in Table 1, with grades of mineralization being atypical of these observations and the hole has fallen outside the plunge of the higher grade mineralization intercepted in previously reported holes on sections 2A (Figure 4) and 2(Figure 5). Hole OERC 0022 was drilled down dip of mineralization intercepted in OEDD0009 and OERC0021 is of lower tenor than intercepts in these holes, also suggesting this hole is outside the plunge of high-grade mineralization and therefore warrants follow up. These new results further extend the mineralized envelope down dip as well as confirm the internal continuity of mineralization at Empire.

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