Awale Resources (TSXV: ARIC) has begun an 88,000 metre drill program at their Odienne project in Cote d’Ivoire. The program is said to be part of a systematic district-scale exploration strategy, which is set to advance three targets towards an initial discovery, while also seeing the continuation of greenfield exploration across priority targets.
The exploration program is set to initially focus on the Charger, BBM, and Empire targets, part of the Odienne East claims that are under a joint venture agreement with Newmont. At Charger, drilling is to focus on strike extension with the company focused on a second demagnetized zone to the southwest of the current drill area. infill drilling meanwhile aims to bring the inferred resource to a depth of 400 metres, while further drill testing will seek to identify continuity at depth.
At BBM, infill and step-down drilling will aim to support an initial mineral resource and expand known mineralization to depth. While drilling at Empire will look to establish an initial inferred resource before further expansion is to occur both down plunge and along strike.
An initial 9,000 metres of the 88,000 metre drill program meanwhile have been allocated to greenfield and discovery expansion targets, with those metres set to test thirteen new geochemistry and geophysical targets. Awale meanwhile has stated that up to 15,000 metres of additional drilling may be added to the program later in the season.
The program is set to be conducted by six drill rigs, four of which are currently turning, while two are expected to be added to the program in December. Initial results from the program are expected to be released by year end, with the program expected to run through to August 2026.
“This 88,000-metre joint venture campaign is our largest to date and marks the culmination of three years of systematic groundwork and continual success at the drill bit,” commented Andrew Chubb, CEO of Awale. “Our objective is very clear: advance BBM, Charger, and Empire toward resource definition and a preliminary economic assessment, while continuing to make new discoveries that support a Tier-1-scale district.”
Awale Resources last traded at $0.54 on the TSX Venture.
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