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Awale Resources Ltd.
Summary
| Project: | Odienne | |
|---|---|---|
| Deposit: | Empire | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 1/29/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-1-2020: Awale Resources Ltd. announces an Exploration/Drilling Update report for its Empire deposit at the Odienne project. Drilling results incl. 34m @ 1.9g/t Au from 96m. Vancouver, BC, January 29, 2020 – Awalé Resources Limited (“Awalé” or the “Comp | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Chubb (Internal) | |
| ABSTRACT: | Vancouver, BC, January 29, 2020 – Awalé Resources Limited (“Awalé” or the “Company”) (TSXV: ARIC) is pleased to report further gold intercepts from the high grade gold discovery at the Empire Prospect. These new results both extend the mineralized envelope along strike and down dip as well as confirm the internal continuity of mineralization at Empire (Figure 1 and 2). As per the highlights below, hole OERC0021 confirms the robust nature of mineralization at Empire, whilst OERC008 and the 40m extension of hole OEDD003 extend mineralization down dip to a vertical depth of greater than 150m on the original discovery section. The current mineralized envelope at Empire has now been extended to approximately 200m in length, 150 metres vertically, and the width ranges from 30 to 80 m (figure 2). Encouragingly the mineralization remains open at depth and along strike. Furthermore, the assay pending deep hole OEDD0015 has intercepted target geology and mineralization and extends potential mineralization to a vertical depth of greater than 200m. Visible gold has been observed at 8 separate intervals between 230 and 300 metres down hole and highlights the potential for mineralization broadening at depth. Further to this a 3km long untested soil anomaly (Figure 3) extends toward the south east from current drilling. Visible gold in fresh rock has been noted in every diamond hole that has intersected the mineralized diorite. | |
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