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Highlights71,500 metres of planned drilling – 23,940m of auger, 15,000m of reverse circulation, 22,560m of diamond drilling, and 10,000m of aircore drilling.Fully funded 15-month exploration program – The recent PDI Gold financing, supported by Fortuna Mining and Newmont, provides Awalé with the funding to commence a systematic, large-scale exploration campaign across its 100%-owned Odienné ground.Fremen drilling to recommence following the wet season – Approximately 5,960m of diamond drilling..
Toronto, Ontario--(Newsfile Corp. - September 18, 2026) - Awalé Resources Limited (TSXV: ARIC) (OTCQX: AWLRF) (FSE: 2F60) ("Awalé" or the "Company") is pleased to announce the approval of each of the matters set out in the Company's Management Information Circular (the "Circular") dated August 7, 2026, at the 2026 Annual General and Special Meeting of Shareholders held on September 18, 2026.Number of DirectorsSetting the number of directors at five (5) was approved. The votes were cast as...
Highlights:Higher demonstrated recoveries and simple metallurgy flow directly into future economic studies, including the Preliminary Economic Assessment, and into the gold-equivalent reporting grades used in future drill hole reporting.Gold recoveries of 91% to 98%, with every deposit exceeding the recovery assumed in the May 2026 Mineral Resource Estimate. Gold recovery was 91.0% at BBM (versus 86.0% assumed in the MRE), 97.0% at Charger (versus 91.4%), and 97.8% at Empire (versus...
Highlights:Seydou - A new 100%-owned gold target: Termitaria and soil geochemistry have defined a new coherent gold anomaly ("Anomaly 1") over approximately 4 kilometres on Awalé's wholly owned Seydou permit, with peak values of 514 ppb Au in termitaria and 214 ppb Au in soil.Right geological setting: Anomaly 1 lies along a regional-scale structure at the margin of a granitoid intrusive body, within a geological setting comparable to the BBM, Charger, and Fremen discoveries.Drilling underway:...
Toronto, Ontario--(Newsfile Corp. - August 10, 2026) - Awalé Resources Limited (TSXV: ARIC) (OTCQX: AWLRF) (FSE: 2F60) ("Awalé" or the "Company") is pleased to announce the appointment of Michael Dorfman to its Board of Directors (the "Board"). Mr. Dorfman replaces Karl Akueson, who has stepped down from the Board effective immediately."We are delighted to welcome Michael to the Board. His extensive experience in corporate development, strategic transactions, M&A, and capital markets, together..
HighlightsAwalé completes its previously announced strategic financing with the closing of Newmont's equity investment.Newmont maintains its approximately 8.2% ownership in Awalé.Awalé now has over $36.5 million in cash, while Newmont continues funding the Odienné Joint Venture.Toronto, Ontario--(Newsfile Corp. - August 6, 2026) - Awalé Resources Limited (TSXV: ARIC) (OTCQX: AWLRF) (FSE: 2F60) ("Awalé" or the "Company") is pleased to announce that it has closed the second and final tranche (the.
HighlightsAwalé closes approximately $19 million strategic financing with Predictive Discovery and Fortuna Mining.Predictive Discovery becomes third strategic shareholder, joining Fortuna Mining and Newmont.Over $35 million in cash, together with Newmont continuing to fund the Odienné Joint Venture.Toronto, Ontario--(Newsfile Corp. - July 28, 2026) - Awalé Resources Limited (TSXV: ARIC) (OTCQX: AWLRF) (FSE: 2F60) ("Awalé" or the "Company") is pleased to announce that it has closed its previously
HighlightsFortuna Mining will maintain its equity ownership in Awalé through the subscription of 5,695,312 common shares.Gross proceeds from the financing increase by approximately $4.84 million to approximately $19 million.Awalé is expected to have over $35 million in cash following closing, together with Newmont funding the Odienné Joint Venture.Toronto, Ontario--(Newsfile Corp. - July 27, 2026) - Awalé Resources Limited (TSXV: ARIC) (OTCQX: AWLRF) (FSE: 2F60) ("Awalé" or the "Company") is...
Awale Resources' (ARIC.V) first assay results from deeper drilling at the BBM gold-copper deposit at
HighlightsThe first two holes drilled below the BBM open pit intersected strong gold mineralization, confirming the deposit continues at depth.These are the first two of twelve holes following BBM's high-grade core, which steepens at depth, down to 600 metres below surface. Results from the remaining ten holes are expected over the coming weeks.Results include:7m @ 7.21 g/t gold equivalent from 385m downhole, including 1m @ 43.68 g/t gold equivalent, the highest grade drilled to date at BBM...
QUEBEC CITY, July 14, 2026 (GLOBE NEWSWIRE) -- Predictive Discovery Limited (ASX:PDI, TSX:PDI) (“PDI” or the “Company”) is pleased to announce it will make a US$10 million investment in West African-focused exploration company Awalé Resources Limited (TSXV:ARIC) (“Awalé”) for a strategic shareholding of approximately 12.3% of Awalé (on an undiluted basis and before the potential exercise of participation rights held by certain existing Awalé shareholders). Awalé is focused on discovering large-s
Highlights$14.15 million investment by Predictive Discovery for a 12.3% equity stake in Awalé.Reinforces Awalé as one of the premier gold exploration and development companies in Côte d'Ivoire and validates the quality of the Odienné initial Mineral Resource and its district-scale growth potential.Predictive Discovery is the third mining company to make a strategic investment in Awalé, joining Fortuna and Newmont.Awalé is expected to have over $30 million in cash post-closing, together with...
Highlights32.4 Mt grading 1.64 g/t gold equivalent ("AuEq.") for 1,707,000 ounces AuEq. inferred from combined open pit and underground resources, including 1,389,000 oz gold and 93,000 tonnes copper.Foundation resource for the Company with strong potential for growth.BBM forms the cornerstone deposit with combined open pit and underground resources of 27.8 Mt at 1.52 g/t AuEq. for 1.36 Moz AuEq.Charger defines a high-grade underground resource of 1.6 Mt at 4.64 g/t AuEq. for 232 koz AuEq.Empire
HighlightsNew high-grade intercepts at Charger 2, outside the current Charger MRE envelope:18.0 g/t gold over 7m within 9.2 g/t gold over 18m from 144m downhole (CHDD-24)14.1 g/t gold over 4m within 4.0 g/t gold over 16m from 153m downhole (CHDD-23)13.9 g/t gold over 2m from 177m downhole (CHDD-25)9.4 g/t gold over 2m from 240m downhole (CHDD-21)Results support potential for continued resource growth beyond the recently announced Charger MRE.Charger-style mineralization remains open along strike
Orecap Invest (OCI.V) exercised all of its outstanding common share purchase warrants of Awale Resou
Toronto, Ontario--(Newsfile Corp. - May 20, 2026) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit CEO.CA each year to connect..
Highlights32.4 Mt grading 1.64 g/t gold equivalent ("AuEq.") for 1,707,000 ounces AuEq. inferred from combined open pit and underground resources, including 1,389,000 oz gold and 93,000 tonnes copper.BBM forms the cornerstone deposit with a combined open pit and underground resources of 27.8 Mt at 1.52 g/t AuEq. for 1.36 Moz AuEq. (1.16 g/t gold and 0.33% copper).Charger defines a high-grade underground resource of 1.6 Mt at 4.64 g/t AuEq. for 232 koz AuEq.Empire contributes a near-surface open.
Highlights:$17.7 million in cash on hand, supporting exploration across the 100%-owned ground, with Newmont funding JV exploration.$5.0 million raised from the exercise of 6,230,114 common share purchase warrants at $0.80 per share.Warrant exercises reflect strong shareholder conviction in Awalé's outlook and asset quality.Multi-year exploration runway across 100%-owned properties in Côte d'Ivoire, with no near-term capital constraints.Company is well positioned to accelerate discovery at the...
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