Awalé Confirms Gold and Copper Mineralization Over 2 km of Strike at Lando, Odienné Project
Awalé Confirms Gold and Copper
Mineralization Over 2 km of Strike at Lando,
Odienné Project
HIGHLIGHTS
Diamond and initial RC drilling at Lando have confirmed continuous gold and copper
mineralization across 2 km of strike, within a 4-km trend.
Broad and shallow gold and copper intercepts demonstrate Lando's potential
10m @ 1.3 g/t gold from 33m downhole in OELD-01
8m @ 1.1 g/t gold from 183m downhole in OELD-04
29m @ 0.4 g/t gold from 56m downhole in OELR-14
39m @ 0.4 g/t gold from 2m downhole in OELR-15
17m @ 0.7 g/t gold from 17m downhole in OELR-09
1m @ 20.1 g/t gold from 14m downhole in OELR-17
Follow-up diamond drilling is currently planned to commence in Q4 2025.
Results reinforce Odienné's potential to host multiple deposits.
Toronto, Ontario--(Newsfile Corp. - July 24, 2025) -
Awalé Resources Limited (TSXV: ARIC)
("
Awalé
" or the "
Company
") is pleased to announce the results from its 2,600-metre drill program at the
Lando target, part of the broader Odienné copper-gold Project ("
Odienné
" or the "
Project
") in Côte
d'Ivoire. This campaign has confirmed continuous gold and copper mineralization over 2 km of strike,
validating Lando as a promising addition to Awalé's growing pipeline of targets. Furthermore, these
results reinforce the Project's potential to host multiple deposit-scale mineralized centres within a fertile
and prospective corridor.
"We are encouraged by these initial intercepts at Lando, which confirm the presence of a mineralized
system consistent with our exploration model. These results demonstrate the strength of our targeting
strategy and reinforce Odienné's potential as a district-scale gold-copper project. Lando will continue to
be part of our growing pipeline of discovery drilling, and we believe these early-stage results have the
potential to lead to a new discovery for the Project. We look forward to advancing Lando through
continued drilling in a similar manner to our BBM, Charger, and Empire discoveries," commented
Andrew Chubb, CEO of Awalé Resources.
Link to Sections and Maps
Link to Core Photos
Watch CEO Andrew Chubb Discuss Results
Background on Lando
The Lando target exhibits a large gold and copper geochemical footprint, both in size and tenor. This 4-
km-long copper-gold anomaly is located in the northern region of the Odienné East permit,
approximately 10 km northwest of the BBM target and 17 km north of the Sceptre target. Lando is
positioned along a subsidiary structure to the west of the interpreted belt-basin margin, similar to BBM,
which lies on a similar structure on the northeast side of the same major domain boundary.
The target scale geology of the Lando shear is predominantly basalts and sediments, with increasing
tenor of gold +/- copper mineralization related to silica alteration and strain intensity at lithological and
grain size boundaries. The alteration and strain features are similar to the controls on mineralization at
BBM, where changes in strike and variations in host rock competency will improve conditions for
mineralization in the shear zone. Evidence of such favourable host rocks has been observed at Lando,
including intrusive bodies. To the west, the flanking hill is dominated by the Denguèlé Granite, and within
the Lando trend, fingers of felsic dykes have been observed within the vicinity of the shear zone.
Continuous gold and copper mineralization has been intercepted at Lando, with selected significant
intercepts highlighted below and the full set of results presented in Table 2.
Next Steps
Following these encouraging results, the Company plans to commence follow-up drilling in Q4 2025,
after the end of the wet season, to test down-dip mineralization continuity and infill between the current
wide-spaced drill fences, with the aim of better defining the scale and grade of the system.
Table 1: Lando Drilling Collar Cable (all drilling)
Hole ID
Easting
Northing
RL
(m)
Azimuth (true)
Dip
Depth
(m)
OEDD0046
648725
1052488
521
40
-55
130.00
OEDD0047
648717
1052584
504
50
-60
119.00
OELD0001
648648
1052967
488
57
-60
230.35
OELD0002
648797
1052636
494
55
-62
128.20
OELD0003
648676
1052561
501
55
-62
338.20
OELD0004
648556
1052907
463
57
-53
227.36
OELD0005
648758
1052610
502
57
-53
110.04
OELD0006
649026
1052221
538
70
-50
215.18
OELD0007
648910
1052208
557
70
-50
323.22
OELD0008
648848
1052669
481
57
-50
116.33
OELR0001
648899
1052705
466
57
-55
66.00
OELR0002
648916
1052719
460
57
-55
80.00
OELR0003
648965
1052749
457
57
-55
80.00
OELR0004
649000
1052771
457
57
-55
80.00
OELR0005
649039
1052790
456
57
-55
80.00
OELR0006
649080
1052820
455
57
-55
80.00
OELR0007
649119
1052853
460
57
-55
100.00
OELR0008
648112
1053828
418
70
-50
45.00
OELR0009
648133
1053835
417
70
-50
84.00
OELR0010
648180
1053858
417
70
-50
90.00
OELR0011
648224
1053875
417
70
-50
90.00
OELR0012
648266
1053892
416
70
-50
80.00
OELR0013
648309
1053905
414
70
-50
80.00
OELR0014
648351
1053921
413
70
-50
86.00
OELR0015
648396
1053937
416
70
-50
84.00
OELR0016
648441
1053946
418
70
-50
96.00
OELR0017
649112
1052905
457
70
-50
96.00
OELR0018
648064
1053813
417
70
-50
80.00
OELR0019
647989
1053786
416
70
-50
80.00
OELR0020
649123
1053019
461
57
-55
114.00
Table 2: Gold Significant Intercepts (all drilling)
Hole ID
From
(m)
To
(m)
Length
(m)
Au
(g/t)
Ag
(g/t)
Cu
(%)
Mo
(ppm)
Comp Trigger
(g/t)
OEDD0046
3.00
4.00
1.00
0.2
1.5
0.21
53
0.2
30.40
38.00
7.60
0.3
3.2
0.29
47
0.2
42.38
51.00
8.62
0.3
0.5
0.05
176
0.2
105.00
106.00
1.00
0.2
3.7
0.37
18
0.2
OEDD0047
23.00
29.00
6.00
0.4
5.0
0.69
52
0.2
33.00
42.00
9.00
0.3
4.2
0.55
210
0.2
46.00
47.00
1.00
0.3
5.9
0.86
1575
0.2
49.00
50.00
1.00
0.4
7.6
1.24
40
0.2
55.00
56.00
1.00
0.6
2.1
0.29
87
0.2
65.00
66.00
1.00
0.6
1.0
0.15
19
0.2
OELD0001
11.50
13.50
2.00
0.9
2.4
0.16
6
0.2
26.00
27.00
1.00
0.3
3.3
0.26
249
0.2
32.00
48.00
16.00
0.9
0.7
0.05
28
0.2
including
33.00
43.00
10.00
1.3
0.7
0.06
24
0.5
87.00
94.00
7.00
0.4
0.3
0.03
2
0.2
167.00
169.00
2.00
0.6
0.1
0.01
2
0.2
219.00
220.00
1.00
0.6
0.1
0.01
3
0.2
OELD0003
49.00
50.00
1.00
0.5
0.5
0.06
2628
0.2
104.00
105.00
1.00
0.3
2.6
0.26
6
0.2
147.00
150.00
3.00
0.3
3.4
0.38
147
0.2
166.00
167.00
1.00
0.3
3.4
0.27
3
0.2
199.00
200.00
1.00
0.3
1.5
0.12
28
0.2
275.00
276.00
1.00
0.2
2.5
0.24
34
0.2
OELD0004
59.00
60.00
1.00
0.2
1.2
0.10
13
0.2
61.00
62.00
1.00
0.2
0.3
0.03
16
0.2
141.00
165.00
24.00
0.7
2.6
0.15
141
0.2
including
143.00
145.00
2.00
2.2
2.5
0.18
18
0.50
and
155.00
156.00
1.00
2.2
0.7
0.06
5
1
171.00
172.00
1.00
0.4
0.1
0.01
3
0.2
181.00
193.00
12.00
0.9
0.8
0.07
4
0.2
including
183.00
191.00
8.00
1.1
0.8
0.07
4
1
199.00
200.00
1.00
0.2
0.3
0.03
7
0.2
208.00
209.00
1.00
0.4
0.3
0.00
1
0.2
OELD0005
70.00
71.00
1.00
0.3
0.6
0.07
45
0.2
92.00
93.00
1.00
0.2
2.6
0.25
8
0.2
OELD0006
9.50
17.00
7.50
0.3
0.7
0.02
94
0.2
25.50
30.50
5.00
1.8
0.6
0.02
2
0.2
34.00
38.00
4.00
0.3
0.1
0.01
0
0.2
44.00
45.00
1.00
0.3
0.1
0.01
1
0.2
105.00
109.00
4.00
0.4
8.4
0.37
3
0.2
179.00
180.00
1.00
0.5
0.3
0.03
2
0.2
OELD0007
1.50
9.50
8.00
0.4
0.6
0.03
30
0.2
Including
34.00
40.00
6.00
0.8
0.9
0.09
43
0.50
34.00
35.00
1.00
4.4
1.5
0.11
41
0.2
49.00
50.00
1.00
0.2
2.6
0.17
16
0.2
106.00
107.00
1.00
0.7
0.3
0.02
3
0.2
144.00
145.00
1.00
1.7
0.0
0.00
3
0.2
OELD0008
47.00
48.00
1.00
0.3
0.2
0.02
10
0.2
106.00
107.00
1.00
0.4
0.6
0.03
2
0.2
112.00
116.33
4.33
0.3
0.7
0.08
4
0.2
OELR0001
1.00
2.00
1.00
0.8
0.3
0.07
41
0.2
OELR0002
60.00
61.00
1.00
3.9
4.3
0.41
4
0.2
OELR0003
37.00
38.00
1.00
0.5
0.2
0.03
1
0.2
OELR0004
1.00
2.00
1.00
0.6
0.0
0.00
0
0.2
OELR0005
8.00
9.00
1.00
0.2
0.7
0.03
14
0.2
OELR0006
0.00
8.00
8.00
0.2
0.6
0.04
14
0.2
27.00
28.00
1.00
1.2
0.2
0.00
0
0.2
56.00
59.00
3.00
0.3
5.4
0.20
1
0.2
63.00
67.00
4.00
0.9
2.6
0.12
1
0.2
including
66.00
67.00
1.00
2.5
2.7
0.10
2
1.00
OELR0007
37.00
38.00
1.00
0.2
1.3
0.05
2
0.2
40.00
41.00
1.00
0.2
1.0
0.04
3
0.2
82.00
84.00
2.00
0.7
0.4
0.02
11
0.2
OELR0008
5.00
12.00
7.00
0.2
0.2
0.02
3
0.2
OELR0009
17.00
34.00
17.00
0.7
0.2
0.02
3
0.2
48.00
49.00
1.00
0.4
0.1
0.01
4
0.2
OELR0010
52.00
56.00
4.00
0.4
0.1
0.01
1
0.2
OELR0011
3.00
7.00
4.00
0.3
0.1
0.02
1
0.2
62.00
63.00
1.00
0.3
0.1
0.01
3
0.2
65.00
66.00
1.00
0.3
0.1
0.01
3
0.2
OELR0012
52.00
53.00
1.00
0.3
0.1
0.01
1
0.2
OELR0013
72.00
73.00
1.00
0.4
0.7
0.05
9
0.2
OELR0014
15.00
16.00
1.00
0.7
0.7
0.04
6
0.2
28.00
29.00
1.00
0.3
1.0
0.06
1
0.2
51.00
52.00
1.00
0.4
0.6
0.02
0
0.2
56.00
85.00
29.00
0.4
0.4
0.02
3
0.2
including
69.00
84.00
15.00
0.6
0.519
0.02
3
0.5
OELR0015
2.00
41.00
39.00
0.4
0.7
0.03
5
0.2
including
11.00
17.00
6.00
0.7
1.1
0.04
7
0.5
OELR0016
3.00
4.00
1.00
0.2
0.1
0.05
44
0.2
44.00
45.00
1.00
0.6
0.1
0.00
2
0.2
OELR0017
5.00
7.00
2.00
0.5
0.6
0.04
9
0.2
14.00
17.00
3.00
6.8
1.1
0.04
5
0.2
including
14.00
15.00
1.00
20.1
2.6
0.05
12
0.5
58.00
59.00
1.00
0.4
0.2
0.01
2
0.2
Table 3: Copper Significant Intercepts
Hole ID
From
(m)
To
(m)
Length
(m)
Cu
(%)
Au
(g/t)
Ag
(g/t)
Mo
(ppm)
OEDD0046
30.40
38.00
7.60
0.29
0.3
3.2
47
OEDD0047
21.80
63.00
41.20
0.36
0.2
2.6
165
OELD0001
15.00
17.00
2.00
0.21
0.1
2.3
9
26.00
33.00
7.00
0.20
0.2
2.6
275
OELD0002
40.00
41.00
1.00
0.35
0.0
5.5
26
99.00
104.00
5.00
0.24
0.0
1.6
18
OELD0003
141.00
153.00
12.00
0.22
0.1
2.2
155
OELD0004
144.00
153.00
9.00
0.32
0.5
6.0
334
including
150.00
151.00
1.00
1.19
0.8
19.8
1105
OELD0006
105.00
107.00
2.00
0.56
0.5
14.1
4
including
105.00
106.00
1.00
0.86
0.9
23.3
6
About Awalé Resources
Awalé is a diligent and systematic mineral exploration company focused on discovering large high-
grade gold and copper-gold deposits. Exploration activities are currently underway in the underexplored
regions of Côte d'Ivoire, where the Company is exploring the Odienné Copper-Gold Project ("
Odienné
"
or the "
Project
"), covering 2,346 km
2
across seven permits-five granted and two applications. This
includes 797 km
2
in two permits held under the Awalé-Newmont Joint Venture ("OJV"). Awalé manages
all exploration activities over the OJV, with funding provided by Newmont Joint Ventures Limited
("
Newmont
").
Awalé has discovered four gold, gold-copper, and gold-copper-silver-molybdenum mineralized systems
within the OJV and has recently commenced exploration on its 100%-owned properties.
The Odienné Project is underexplored and has multiple pipeline prospects with similar geochemical
signatures to Iron Oxide Copper Gold (
IOCG
) and intrusive-related mineral systems with substantial
upside potential. The Company benefits from a skilled and well-seasoned technical team that allows it to
continue exploring in a pro-mining jurisdiction that offers significant potential for district-scale
discoveries.
Quality Control and Assurance
Analytical work for geochemistry samples is being carried out at the independent ALS Laboratories in
Ghana and Ireland, an ISO 17025 Certified Laboratory. Samples are prepared and stored at the
Company's field camps and put into sealed bags until collected by ALS from the Company's secure
Odienné office and transported by ALS to their preparation laboratory in Yamoussoukro, Côte d'Ivoire,
for preparation. Samples are logged in the tracking system, weighed, dried, and pulverized to greater
than 85%, passing a 75-micron screen. Two pulps are prepared from each sample with one stream to
ALS Ghana for fire assay and a second to Ireland where the sample is analyzed by 52 element ICP/MS
with a 4-Acid digest. Blanks, duplicates, and certified reference material (standards) are being used to
monitor laboratory performance during the analysis.
Mineralized Interval Calculations
Significant intervals reported in this news release are calculated as downhole length-weighted
intercepts. For the Lando target, initial mineralized zones are calculated at a 0.2 g/t Au trigger and
include up to 3 metres of internal waste for delineating mineralized zones. Included intervals are
calculated at 0.5 g/t and 1 g/t trigger values, with up to 3 metres of internal waste. Table 1 contains a list
of all Lando holes. Based on the limited diamond drilling true widths are estimated to be 70 to 80% of
the downhole widths. Copper intercepts in Table 3 are calculated at a 2000ppm Cu (0.2%) trigger with
selected 1 metre included intervals.
Qualified Person
The technical and scientific information contained in this news release has been reviewed and approved
for release by Andrew Chubb, the Company's Qualified Person as defined by National Instrument 43-
101. Mr. Chubb is the Company's Chief Executive Officer and holds an Economic Geology degree, is a
Member of the Australian Institute of Geoscientists (AIG), and is a Member of the Society of Economic
Geoscientists (SEG). Mr. Chubb has over 25 years of experience in international mineral exploration and
mining project evaluation.
Abbreviations Used in this Release
Ag
Silver
Au
Gold
Cu
Copper
g/t
Grams per tonne
km
Kilometres
m
Metres
Mo
Molybdenum
ppb
Parts per billion
ppm
Parts per million
RC
Reverse circulation
AWALÉ Resources Limited
On behalf of the Board of Directors
"Andrew Chubb"
Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT:
Andrew Chubb, CEO
+356 9913 9117
Ardem Keshishian, VP Corporate Development
+1 (416) 471-5463
The Company's public documents may be accessed at
www.sedarplus.ca
. For further information on the
Company, please visit our website at
www.awaleresources.com
.
Forward-Looking Information
This press release contains forward-looking information within the meaning of Canadian securities
laws (collectively "forward-looking statements"). Forward-looking statements are typically identified by
words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions,
or are those, which, by their nature, refer to future events. All statements that are not statements of
historical fact are forward-looking statements. Forward-looking statements in this press release
include but are not limited to statements regarding, the Company's presence in Côte d'Ivoire and
ability to achieve results, creation of value for Company shareholders, achievements under the
Newmont JV, works on other properties, planned drilling, commencement of operations. Although the
Company believes any forward-looking statements in this press release are reasonable, it can give no
assurance that the expectations and assumptions in such statements will prove to be correct. Factors
that could cause actual results to differ materially from such forward-looking information include, but
are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices,
delays in obtaining required regulatory or governmental approvals, and other risks involved in the
mineral exploration and development industry, including those risks set out in the Company's
management's discussion and analysis as filed under the Company's profile at www.sedarplus.ca.
Forward-looking information in this news release is based on the opinions and assumptions of
management considered reasonable as of the date hereof, including that all necessary governmental
and regulatory approvals will be received as and when expected. Although the Company believes that
the assumptions and factors used in preparing the forward-looking information in this news release are
reasonable, undue reliance should not be placed on such information. The Company disclaims any
intention or obligation to update or revise any forward-looking information, other than as required by
applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
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https://www.newsfilecorp.com/release/259921