Infill Soil Sampling Enhances Gold Anomalies at the Samanda Prospect, Bondoukou Project, Cote d’Ivoire.
Infill Soil Sampling Enhances Gold Anomalies at the Samanda Prospect, Bondoukou Project,
Cote d’Ivoire.
Vancouver, BC, June 9, 2020, Awalé Resources Limited (“Awalé” or the “Company”) (TSXV: ARIC)
is pleased to announce that infill soil sampling has enhanced the initial gold in soil anomalies
reported for the Samanda Prospect, Bondoukou project (Figures 1 to 3; Company press release
dated February 4, 2020).
The Samanda East prospect is now a high priority target for the Company. The gold in soil
anomaly forms a robust 1.5 km long >20 parts per billion (“ppb”) Au anomaly, with a 350m by
300m core at >300ppb Au with a peak value of 1,178 ppb Au*. This anomaly can be traced further
out to 3 km along strike at the prospect (Figure 4). A trench program will commence at Samanda
East in July , and drilling is also planned for late Q3/early Q4 after the conclusion of the wet
season.
Samanda West (Figure 3) contains several high order anomalies with containing >40ppb Au cores
and a peak value of 4,297 ppb Au*. Further infill sampling and mapping is required at this target
to better define structural controls before trenching and drilling. This work will commence in
tandem with the Samanda East Trench program.
The gold in soil anomalies follow a high strain contact between granite/granodiorite to the west
and dominantly basaltic volcanic rocks to the east. Brecciation and quartz veining has developed
along this high strain contact. Together these anomalies are equivalent in scale and tenor to the
Fako auger anomalies along the Awari Shear where the company returned significant trench and
drill results (Fako was a 6km long 10 ppb Au anomaly with consistent >50ppb Au cores). The
Samanda structure continues under cover a further 5 km to the north where it confluences with
the Awari shear, and warrants first pass auger drilling in the future.
Delineation of these soil anomalies highlights the potential and scale of the Bondoukou project
and further compliments the additional previously defined 40km east west Awari Shear zone
anomalies. The company plans for a Q4 scout drill program to test a minimum of 4 targets on the
Project.
LINK VIEW ATTACHED FIGURES: http://www.awaleresources.com/_resources/maps/Samanda-Infill-Soils-
Figures.pdf
CEO Glen Parsons commented today:
“Whilst follow -up drilling at our Empire discovery at Odienné remains our priority for the current
quarter, our field teams continue to successfully advance drill target generation activities at the
Bondoukou project, with the aim of developing multiple drill targets for testing later this year.
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The robust 1.5 km long high order soil anomaly at Samanda East is stacking up to be another high
priority drill target. This compliments the Company objective of being ready to scout drill multiple
targets at Bondoukou in Q4 2020”.
*Descriptive Statistics from sampling for Gold in soils. ppb (parts per billion)
Au ppb Au ppb
Number Samples 1,351 Percentile80 12
Minimum 0 Percentile90 21
Maximum 4,297 Percentile95 37
Mean 15.5 Percentile98 87
Median 5 Percentile99 133
Background
The Samanda prospect is one of the twelve priority target areas that were defined at the Bondoukou
Project through Awalé’s 2017 regional reconnaissance exploration program. Samanda is characterized by
the highest order (up to 20.2ppb Au) BLEG (“Bulk Leach Extractable Gold”, from silt samples) stream gold
anomalies within the entire Bondoukou project area. The table below includes summary statistics for the
silt samples collected from the Samanda prospect , these are consisten tly high order anomalies for this
style of sampling and are distributed along the granitoid contact zone . The contact zone has now been
mapped as granite to the west and a mafic to Intermediate volcanic package to the east.
BLEG Stream summary statistics from the Samanda prospect.
Au ppb Au ppb
Number Samples 11 Percentile80 10
Minimum 2.9 Percentile90 17
Maximum 20.2 Percentile95 19
Mean 8.1 Percentile98 19
Median 5 Percentile99 19
This interpreted contact along with gold in stream anomalism and the structural interpretation of the
aerial magnetic data collected by the company led to the broad scale first pass soils program at the
Samanda prospect covering approximately 9 strike kilometres (Figure 3).
Structures in the magnetics at Samanda are dominated by NNE and NE trending lineaments in a typical C-
S sinistral shear array, which is supported by the current field studies. NNE trending lineaments are
interpreted as zones of transpressive sinistral shears and/or mylonitizatio n, while ENE lineaments
represent oblique sinistral shears. Locally quartz veining and brecciation has been observed at the contact
between the Granite body and the volcanics, develop ed around NNE and NNW trending shears and
mylonites. Observed in situ mi neralisation observed in some of these localities is hosted in strongly
oxidised and laminated quartz veins at Samanda West.
Selected rock chip samples collected during the course of the mapping and soil sampling program have
returned values up to 16.2 grams/tonne (“g/t”) Au, with other rock samples collected also returning high
order values of 0.9 g/t Au g/t Au, 1.3 g/t Au, 2.2 g/t Au, a nd 6.9 g/t Au. (Note: rock chip sampling is not
necessarily representative of mineraliz ation at the prospect, it does however indicate presence of gold
mineralisation along the Samanda Trend).
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Quality Control and Assurance
Analytical work for geochemical samples and rock chip samples is being carried out at the independent
Intertek Laboratories Australia Ltd. an ISO 17025 ( 2017) Certified Laboratory. Samples are stored at the
Company’s field camps and put into sealed bags un til collected by Intertek from the C ompany’s secure
Bondoukou office and transported by Intertek to their laboratory in Tarkwa, Ghana for preparation and ,
subsequently the samples are shipped by Intertek to their Australian laboratory for analysis. Samples are
logged in the tracking system, weighed, dried and pulverized to better than 85%, passing a 75 -micron
screen, this pulp sample is then shipped to Australia where 10 -gram split is analysed by ICP/MS with an
Aqua Regia digest . Blanks, duplicates and certified reference material (standards) are being used to
monitor laboratory performance during the analysis.
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 Operating Officer and holds an Economic Geology Degree with Honours,
is a Member of the Australian Institute of Geoscientists (AIG), and is a Member of the Society of Economic
Geologists (SEG). Mr Chubb has 18 years of experience in international minerals exploration and mining
project evaluation.
ON BEHALF OF THE BOARD
AWALE RESOURCES LIMITED.
“Glen Parsons”
Glen Parsons, President and CEO
For additional information you are invited to visit the Awalé Resources Limited website at
www.awaleresources.com, or contact Karen Davies, Head of Investor Relations at Tel: 604.314.6270
End
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