Awalé Resources Limited (ARIC) Economic Study
TSXV: ARIC · Gold, Copper · Advanced Exploration stage
- Market cap$104.7M
- Share price$0.730
- 52-week range$0.520 – $1.18
- Shares outstanding143,456,467
- ExchangeTSXV
- Websiteawaleresources.ca
Awale Resources is a diligent and systematic mineral exploration company focused on discovering large-scale gold and gold-copper deposits in Côte d'Ivoire. The Company's flagship Odienne Project now hosts an initial inferred Mineral Resource Estimate 1 of 1.71 million ounces gold equivalent across the BBM, Charger, and Empire deposits (32.4 Mt at 1.33 g/t Au and 0.33% Cu), providing a strong foundation for ongoing growth and future economic studies. In addition to the current resource base defined on the joint venture ground, Awale controls a 1,542 km 2 100%-owned land position across the broader Odienne district, where multiple targets provide additional potential discovery upside. Across the Project, Awale has identified multiple gold and gold-copper systems and continues to build a pipeline of targets with potential to support further discoveries and resource growth. The Odienne Project covers 2,338 km 2 across seven permits, including 797 km 2 held under the Awale-Newmont Joint Venture. Awale manages exploration activities across the joint venture area. With a skilled and experienced technical team, together with support from three strategic shareholders, Awale is advancing exploration in an underexplored and pro-mining jurisdiction with clear potential for district-scale discoveries.
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Awalé Resources Limited economic studies
No economic study (PEA, pre-feasibility or feasibility) is on file for Awalé Resources Limited.