(NewsDirect)
Awale Resources Ltd (TSX-V:ARIC) CEOAndrew Chubb shares positive assay results from follow-up drilling atthe new gold-copper discovery at the BBM Target within the OdiennéProject in Côte d'Ivoire with Proactive's StephenGunnion.
Initially discovered inJanuary with four initial drill holes spaced 500 metres apart,subsequent drilling improved results, tracking down a plunge withbroader intercepts. The most notable result was 75 metres at 2.4 gramsper tonne equivalent, among other similarly promising findings. Thecompany now plans to pursue further drilling to explore the shearzone-hosted target's potential, aiming to scope out grade andgeology continuity in preparation for resource drilling later in theyear at BBM, as well as the Charger and Sceptre targets, promising anexciting year ahead.
In addition to BBM, 4,000 metres weredrilled in the current programme, with results from Charger andSceptre pending. Chubb announced a significant drilling plan of 25,000metres for the year, which will focus on both advancing currentdiscoveries and exploring new targets. This ambitious drillingprogramme is fully funded by Awalé's joint venture partner,Newmont, allowing the company to progress without needing to raiseadditional funds from the market.
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