Final Results and Completion of Phase 1 Drill Program for the Empire Discovery
Final Results and Completion of Phase 1 Drill Program for the Empire Discovery
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.
This successful gold discovery from the maiden drill program at Odienné has covered a fraction of the of
the 3km long soil anomaly (Figure 6) which extends toward the southeast. This anomaly is a primary target
for further exploration this field season. Visible gold in fresh rock has been noted in every diamond hole
that has intersected the mineralized diorite.
HIGHLIGHTS
Best intercepts from this batch of results include (see full list in table 1):
• OEDD0015 – Deep step back hole between drill lines 2 and 2A (Figure 2 and 3)
o 17 meters (‘m’) at 0.7 grams per tonne gold (“g/t Au”) from 254m downhole
including 7.1m at 1.2g/t Au from 261.9m downhole.
• OERC0022 – Twin and extension of OEDD0010 (Figure 2 and 3)
o 29m at 0.8 g/t Au from 140m downhole.
Including 8m at 1.9g/t Au from 148m downhole.
These results compliment the following previously reported results (see releases dated 19th Nov. 2019,
23rd Dec. 2019 and the 29th Jan 2020):
• OEDD0001 (Figure 2 and 5)
o 18.15m at 4.9 g/t Au from 40 m downhole,
including 10.4 m at 7.9 g/t Au from 40m downhole
• OEDD0002 (Figure 2 and 5)
o 27 m at 3.1 g/t Au from 43.2 m downhole
including 9 m at 5.3 g/t Au from 43.2 m downhole.
• OEDD0003 (Figure 2 and 5)
o 19m at 0.9 g/t Au from 151m downhole
including 1m at 4.54 g/t Au from 152 m downhole.
• OEDD0009 (Figure 2 and 4)
o 17m at 2.6 g/t Au from 40 m downhole,
including 2.65m at 15.4 g/t Au from 40m,
o 16.74m at 1.9 g/t Au from 74.26m downhole,
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including 9.28m at 2.7g/t Au from 80.72m and,
o 16m at 1.8 g/t Au from 98m downhole,
including 3m at 7.6 g/t Au from 111m downhole
• OERC0008 Step-back hole to Discovery Hole OEDD0001 (Figures 2 and 5)
o 16m at 1.3 g/t gold (“Au”) from 81m downhole,
including 1m at 11.3 g/t Au from 94m downhole
o 10m at 2.3 g/t Au from 109m,
including 5m at 3.9 g/t Au from 109m downhole
• OERC0021 Step-out hole 200m along strike from Discovery Section (Figures 2 and 4)
o 32m at 0.9g/t Au from 32 m downhole,
including 2m at 4.8g/t Au from 53m downhole
o 34m at 1.9 g/t Au from 96m downhole,
including 18m at 3g/t Au from 97m downhole and 2m at 15.5 g/t Au from 111m
downhole
o 29m at 1.2g/t Au from 134m downhole,
including 11m at 2.5g/t Au from 140m downhole and 2m at 5.6g/t Au from 140m
downhole
• OEDD0003 extension (hole re-entered and extended Figure 2 and 6)
o 3m at 4.5 g/t Au from 193m downhole
• OERC0005 twin of OEDD0001 (Figure 2 and 5)
o 22m at 1.5g/t Au from 22m downhole
Including 1m intervals of 4.4 g/t Au, 6g/t Au and 16.6g/t Au , from 27, 41 and 46
m downhole respectively
Note; True width Intercepts are approximately 75 to 90% of the reported downhole interval downhole .
The Broad intercepts above are calculated at a 0.2g/t Au trigger with included intercepts calculated at a 1
g/t Au trigger. All calculated intercepts include 3m of internal waste . Plans and Sections for these holes
are shown in figures 2, 3, 4 and 5.
The Empire discovery and significant extent of mineralization remains open along strike and down dip
with demonstrated high grade zones with 2nd phase drilling planned for late March. Now that final results
have been returned the company can complete studies on geometry of the mineralisation ready to test
plunging mineralisation in the next drill prog ram as well as step out along the current 3 kilometre
geochemical anomaly that follows the Empire shear zone. To note a 3,000meter Auger in fill program has
already been completed over this 3km anomaly to further define drill targets at the Empire Prospect.
LINK: SEE FIGURES 1 TO 7:
http://awaleresources.com/_resources/maps/2020_02_24_OdienneDrilling_figuresfinal.pdf
Company CEO Glen Parsons commented today:
“These last results from the maiden drill program at the Empire prospect confirm continuity of
mineralization within the main drill zone and we now have a robust 200m long and greater than
200m deep mineralized envelope. This forms the initial core of the system which remains open
down dip and along strike, within the current 3km soil anomaly still to be tested.
Despite the deeper diamond hole falling outside the plunge of high grade mineralization, it has
demonstrated continuity of alteration and mineralization style and intercepted the target geology
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from 153 to 300 meters downhole, extending the current dimensions of the system to greater than
200m vertical and 200m long and the width of the mineralized envelope ranges from 30 to 80m.
The company now has consistent target geology to chase in future drilling and has recently
completed a 100x25metre Auger program to tighten the 3km soil anomaly for drill testing. Results
from this program are expected in mid-March, after which a phase 2 drill program will commence
at Empire.
Awale looks forward to news that will continue to flow from drilling at our exciting Empire prospect
at Odienné as well as continued exploration results from Bondoukou, in the north east, where we
continue to develop and progress multiple exploration targets for drill testing later this year.”
Concluding Remarks on a Successful Maiden Drilling Program
Empire is a high priority prospect that was discovered and systematically explored by Awalé, resulting in
a coincident geology, gold/arsenic geochemistry, and ground geophysics (Induced Polarization, or “IP”)
anomaly. The high order soil anomalism coincides with a mapped mylonite -bearing structure that has
been intruded by a later diorite body. This diorite is the host of mineralization now drilled at the Empire
prospect and is the primary target for future exploration programs.
The soil sampling completed by the company forms a 3km long > 18ppb Au anomaly which includes a
500m long > 109 ppb Au core (Figure 6), artisanal mining activity commenced some months after the
completion and reporting of the soil program. The high order core anomaly has formed that focus of phase
1 drilling and has delivered robust and continuous gold mineralization within this zone. Drill fences in this
core zone are 100m apart and, and currently there is demonstrated gold mineralization to a vertical depth
of 150m on the discovery section (OEDD003 returned 3m at 4.6 g/t Au from 196m) and in section 2A to a
depth of 125m with OERC21 intercepting 11m at 2.5g/t Au from 140m. The mineralized envelope on
section 2A is some 80 metres wide and 30 meters wide on section 2 (Figures 4 and 5).
Hole OEDD0015 (Figure 3) intercepted the target diorite from 155m to 300m downhole with brittle ductile
deformation evident from 190m to the footwall contact at 300m. Visible Gold has been observed in brittle
ductile zones between 230 and 300 meters down hole, assay grades returned are atypical, and the hole is
interpreted to lie outside the plunge of better mineralization intercepted in OEDD009 and OERC0021, hole
OERC0022 intercepted lower tenor mineralization down dip of OERC0021 and is interpreted to lie at the
margins of the plunging mineralization.
The recently completed drilling program has confirmed the mineralization model developed by the
company where gold is hosted in a brittle ductile orogenic shear zone setting at the margin of the diorite
intrusion. The footwall contact of the diorite is strongly potassic altered (almost complete fine grained
replacement of the protolith by biotite) and represents the main fluid pathway into the mineralized
system. Gold mineralization appears to weaken distal from the footwall structure but persists up to 80m
into the hanging wall. All drill holes that have intercepted diorite have exhibited brittle ductile
deformation and are mineralized.
Further to this all diamond holes that have intercepted th e brittle ductile deformation have contained
free gold, with the first 2 holes returning very high grade intercepts(OEDD0001 returned 10.4m at 7.9 g/t
Au, including 1m at 73.1 g/t Au and OEDD0002 returned 9m at 5.3 g/t Au) , follow up drilling has also
returned high grades with 1m at 11.3 g/t Au in OERC0008, 1m at 16.8 g/t Au in OERC0005, 2m at 15.5 g/t
Au in OERC0021 and 2.65m at 15.4 g/t Au in OEDD0009. Potassic alteration is overprinted by a later phase
of silica-sulfide alteration is associated with free gold and minor tellurides, there is also significant, early,
calc-silicate alteration present in the system (epidote/pyroxene), carbonate alteration is also present. The
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sulfide mineralogy is dominated by pyrite with subordinate chalcopyrite and galena. Disseminated
mineralization is present, but at low tenor (0.2 to 1 g/t Au) within the brittle ductile zone.
Follow - Up Exploration Plan at Odienné
The company plans to undertake a 5000m phase 2 RC/DD program in late March/early April, this program
will both test the 3km soil anomaly as well as plunge test and define extents of mineralization in the
recently completed phase 1 program. To better target the extension drilling component of phase 2 drilling
Awalé has recently completed a c. 3000m Power Auge r program on a 100x25m spacing to tighten
geochemical targets for the Phase 2 RC/DD drill program. The auger results are expected in the ensuing
weeks.
Further to this an orientation ground magnetic survey is also underway over the Phase 1 drill area. Data
from this survey as well as the IP completed over the same area is also being assessed against the Phase
1 drilling to determine if these geophysical methods would be effective in delineation of the target diorite
unit in conjunction with the auger geochemistry program. Once this assessment is complete the
geophysics surveys will be extended.
The company also plans to fly a permit wide aerial magnetic survey in late March or early April depending
on timing of permitting and the selected contractor availability to complete the survey.
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Table 1: List of Significant intercepts for the Empire Prospect
Hole East North RL
Total
Depth
(m)
Inclination Azimuth From
(m) To (m) Length
(m)
g/t
Au
Gram
Metres
OEDD0001 647381 1030237 465 108.16 -55 20 40 58.15 18.15 4.9 88.9
Including 40 50.4 10.4 7.9
and 46 47 1 73.1
OEDD0002 647403 1030294 467 84.06 -55 200 43.2 70.2 27 3.1 83.7
Including 43.2 52.2 9 5.3
and 48.2 49.2 1 34.9
and 61.2 62.2 1 19.3
OEDD0003 647419 1030332 469 210.06 -56.17 204 110.49 121 10.51 0.3 3.6
124.7 130 5.3 0.4 1.9
151 170 19 0.9 17.3
Including 152 157 5 1.8
and 152 153 1 4.5
OEDD0003 181 182 1 2.2 2.2
Extension 193 196 3 4.6 13.8
OEDD0009 647490 1030215 467 156 -55 20 0 8.8 8.8 0.4 3.8
40 57 17 2.6 44.5
Including 40 42.65 2.65 15.4
64 70 6 0.5 3.2
74.26 91 16.74 1.9 31.3
Including 80.72 90 9.28 2.7
and 82 83 1 6.8
and 85 86 1 7.2
and 86 87 1 3.8
and 89 90 1 3.6
98 114 16 1.8 28.2
103 104 1 3.5 3.5
111 114 3 7.6 22.9
128 137.67 9.67 0.2 2.0
OEDD0010 647465 1030167 467 138 -55 20 61 67 6 0.3 1.9
92 97.9 5.9 0.3 1.5
108.05 111 2.95 1.1 3.2
Including 110 111 1 3.0
121 127 6 0.4 2.6
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Hole East North RL
Total
Depth
(m)
Inclination Azimuth From
(m)
To
(m)
Length
(m)
g/t
Au
Gram
Metres
OEDD0015 647387 1030084 475 345.4 -55 20 137 138 1 2.9 2.9
156 159 3 0.4 1.2
208 210 2 0.5 1.0
216 218 2 0.8 1.7
222 237 15 0.5 7.4
Including 228 229 1 2.8
241 247 6 0.3 2.0
254 271 17 0.7 11.6
Including 261.9 269 7.1 1.2 8.3
and 265 266 1 2.8
and 268 269 1 3.4
274 275 1 0.5 0.5
280 282 2 0.8 1.6
282 283 1 0.2 0.2
287 290 3 0.4 1.1
298 307 9 0.3 2.3
317 318 1 1.4 1.4
OERC0003/OEDD0006 647556 1030108 467 57.9/84.4 -55 24 1 3 2 0.6 1.2
OERC0003/OEDD0006 9 27 18 0.2 4.3
OERC0005 647389 1030234 465 110 -55 28 27 49 22 1.5 33.0
Including 27 28 1 4.4
and 41 42 1 6.0
and 46 47 1 16.8
55 66 11 0.6 6.6
OERC0006 647350 1030154 465 120 -55 20 109 113 4 0.9 3.6
OERC0008 647367 1030196 465 170 -55 22 62 64 2 1.0 2.0
81 97 16 1.3 20.8
Including 88 89 1 4.0
and 94 95 1 11.3
109 119 10 2.3 23.0
Including 109 114 5 3.9
123 126 3 1.7 5.1
131 141 10 0.7 7.0
Including 137 138 1 4.8
157 158 1 0.6 0.6
OERC0015 647462 1030127 474.2 180 20 -55 126 138 12 0.5 6.0
145 146 1 0.9 0.9
161 172 11 0.2 2.3
177 178 1 1.5 0.0
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Hole East North RL
Total
Depth
(m)
Inclination Azimuth From
(m)
To
(m)
Length
(m)
g/t
Au
Gram
Metres
OERC0016 647541 1030064 477.2 115 20 -55 66 75 9 0.3 2.9
87 88 1 0.6 0.6
OERC0018 647860 1030009 475.8 93 20 -55 27 28 1 0.5 0.5
OERC0019 647846 1029971 476.1 80 20 -55 50 51 1 1.1 1.1
11 12 1 2.9 2.9
31 32 1 0.5 0.5
OERC0020 647832 1029934 475.9 82 20 -55 44 46 2 0.7 1.4
67 68 1 0.3 0.3
OERC0021 647513 1030311 476.3 165 200 -52 32 64 32 0.9 29.4
Including 43 45 2 3.3
and 53 55 2 4.8
96 130 34 1.9 64.6
Including 97 115 18 3.0
and 111 113 2 15.5
134 163 29 1.2 34.8
Including 140 151 11 2.5
and 140 144 4 3.7
OERC0022 647475 1030173 474.5 180 20 -55 29 30 1 0.6 0.6
38 40 2 0.8 1.5
54 55 1 0.6 0.6
110 111 1 0.6 0.6
120 121 1 0.5 0.5
126 133 7 0.8 5.8
Including 129 130 1 4.0
140 169 29 0.8 22.6
Including 148 156 8 1.9
and 148 149 1 4.2
and 151 152 1 5.2
Note: All intervals calculated using a 0.2 g/t Au trigger value and include 3 metres of internal waste.
Included intervals calculated at a 1 g/t Au trigger with 3m of internal waste except where individual
assays are reported.
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Note on Screen Fire Assays and Grade Variability
Assays above 1 g/t Au are now routinely assayed by the Company using the Screen Fire Assay analytical
technique (see description below). Where a Screen fire Assay has been completed these results supersede
Fire Assay results for reported intercepts.
Grade variability is evident from results received from the twin of OEDD0001 (OERC0005) . OEDD0001
returned 18.15m at 4.9 g/t Au from 40m while OERC0005 returned 22m at 1.5 g/t Au from 27m. The main
difference being a maximum value of 73.2 g/t Au in OEDD001 and only 16.8 g/t Au in OERC0005. Other
intercepts are similar. Quarter NQ core duplicate samples taken within mineralize d zones have also
returned variable results, this is viewed as an example of the grade variability within the mineralization.
For reporting purposes screen fire assays have been used rather than the fire assay results, screen fire
assays have been systematically made for any sample over 1 g/t Au withing the brittle ductile zones. The
table below depicts this nugget gold variability in field duplicate samples.
Table 2: Selection of duplicate fire assay results within mineralized zones, Empire drilling.
Hole ID Primary Fire Assay Duplicate Fire Assay
OEDD0001 34.11 20.73
OEDD0002 2.45 1.84
OEDD0009 21.1 1.73
OEDD0009 0.8 4.62
Company geologists are also re -visiting the IP data collected over the area to see if the data can be
‘trained’ on the now know host rock geology and the footwall contact, if this is successful, further IP
surveys may also be used a targeting tool in conjunction with the auger geochemistry.
Quality Control and Assurance
Analytical work for drill core and RC percussion samples is being carried out at the independent Intertek
Laboratories Ghana Ltd. an ISO 17025 Certified Laboratory. Samples are stored at the company’s field
camps and put into sealed bags; they are stored securely until collected by Intertek for transportation to
Ghana. Samples are logged in the tracking system, weighed, dried and finely crushed to better than 70%,
passing a 2 mm screen. A split of up to 1,000 g is taken and pulverized to better than 85%, passing a 75 -
micron screen, and a 50 -gram split is analyzed by Fire Assay with an AAS finish. Blanks, duplicates and
certified reference material (standards) are being used to monitor laboratory performance during the
analysis. Due to the presence of free gold the lab was requested to run a quartz wash be tween each
sample during preparation. Samples that have returned more than 1g/t Au have been Screen Fire Assayed.
Screen Fire Assay involves screening a nominal 1kg sample and firing the entire coarse fraction, including
the screen cloth. Duplicate assays are carried out on the undersize fraction which is more reproducible
due to the smaller gold particle sizes. The total gold content is calculated as a weighted mean of the
measured grades of the two screen fractions.
ON BEHALF OF THE BOARD
AWALE RESOURCES LIMITED.
“Glen Parsons”