News Releases

Search by keyword or filter by year

Vancouver, British Columbia--(Newsfile Corp. - February 29, 2024) - Awalé Resources Limited. (TSXV: ARIC) (the "Company" or "Awalé") is pleased to announce that we have recently completed a 21 hole 3932m Diamond drill program that commenced in late December 2023. Initial assay results from drilling are expected in March, samples were batch sent to the laboratory during drilling and the BBM target will be reported first followed by Charger and Lando. The drilling at BBM, Charger and Lando has intercepted target alteration and mineralization and results are eagerly anticipated.
Vancouver, BC, February 14, 2024, Awalé Resources Limited. (ARIC-TSX.V) (the "Company" or “Awalé”) wishes to announce that it has granted an aggregate 1,450,000 stock options to directors/officers, employees and consultants with an exercise price of C$0.12. An aggregate 350,000 of the options are subject to vesting and all but 100,000 of the remaining options (1,350,000) granted have a 5 year term with an expiry of February 6, 2029. The remaining 100,000 expire in 2 years on February 6, 2026.
Vancouver, Canada January 11, 2024 – Awalé Resources Limited (“Awalé” or the “Company”) (TSXV: ARIC) is pleased to announce a new gold-copper discovery at the BBM Target within the Odienné Project in Côte d'Ivoire. BBM is a significant new greenfield discovery for the Company and has excellent scope for rapid expansion. In addition to the new discovery, further significant results with visible gold have been returned for the Charger Target and new mineralization from the first two scout holes at the Lando Target, which lies 10km NW of the new BBM discovery and is associated with the same mineralized corridor (Figures 1 and 2).
Toronto, Ontario--(Newsfile Corp. - December 27, 2023) - Awalé Resources (TSXV: ARIC), is pleased to announce the commencement of a 4000-meter diamond drilling program at the Odienné joint venture project with Newmont. This is a continuation of the Awalé's strategy of exploring and developing high-grade gold and copper-gold deposits in the fertile Odienné region of Côte d'Ivoire.
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2023) - Awalé Resources Limited (TSXV: ARIC) ("Awalé") is pleased to announce that it has closed its previously announced non-brokered private placement (December 1, 2023) with Newmont Ventures Limited ("Newmont"), a wholly-owned subsidiary of Newmont Corporation, to raise gross proceeds of C$957,530.89. The proceeds from the private placement will be used to initiate greenfield exploration on the Odienné project permits, which lie outside the Newmont Joint Venture, and for general administrative costs of Awalé.
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2023) - Awalé Resources Limited (TSXV: ARIC) ("Awalé") is pleased to announce that Awalé and Newmont Ventures Limited ("Newmont"), a wholly-owned subsidiary of Newmont Corporation, subject to TSX Venture Exchange ("Exchange") acceptance, have entered into an Investment Agreement (the "Agreement") for a strategic non-brokered private placement financing to raise C$957,530.89. The financing will be structured through the issuance of (i) units ("Units") with each Unit comprised of one common share in the capital of Awalé (a "Share") and one half of one common share purchase warrant (a whole warrant, a "Warrant") and (ii) Shares. If completed, the proceeds from the financing will be used to initiate greenfield exploration on the Odienné project permits, which lie outside the Newmont Joint Venture, and for general administrative costs of Awalé.
VANCOUVER, BC, October 26, 2023 ‐ Awalé Resources Limited (“Awalé” or the “Company”) (TSXV: ARIC) wishes to announce that it has issued the balance of 1,812,230 shares in settlement of outstanding debt.  Requiring shareholder approval obtained on September 6th, the Company has issued an aggregate of 3,978,882 shares in settlement of $477,465 of debt.  The recent shares issued are subject to a hold period trading restriction expiring February 21, 2024. 
VANCOUVER, BC, Sept. 20, 2023 /CNW/ - Awalé Resources Limited ("Awalé" or the "Company") (TSXV: ARIC) is pleased to announce that at the Company's September 6, 2023 shareholder meeting, all resolutions were passed. 
VANCOUVER, BC, Aug. 21, 2023 /CNW/ - Awalé Resources Limited ("Awalé" or the "Company") (TSXV: ARIC) is pleased to provide the following assay results for follow-up drilling completed at the Charger and Sceptre East targets at its Odienné Project in Côte d'Ivoire (Figure 1). 17 holes remain to be reported for the Charger, Lando, Sceptre Main and BBM targets. Strong news flow is expected to continue throughout August and September from these remaining targets as results are returned from the laboratory.
VANCOUVER, BC , July 27, 2023 /CNW/ - Awalé Resources Limited ("Awalé" or the "Company") (TSXV: ARIC) is pleased to provide an exploration update on the Odienné Project JV in Côte d'Ivoire. With Newmont funding a 3 million USD budget for 2023, the Company has undertaken an aggressive exploration campaign in the first half of the year at Odienné, that has culminated in 4859 m of drilling completed. The Company awaits a strong flow of results from this reverse circulation (RC) and diamond drilling (DD) which was completed on July 17, 2023 .

Receive Company News