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An announcement from Awale Resources Limited ( (TSE:ARIC) ) is now available.
Awalé Resources Limited has commenced a 2,600-meter drill program at the Lando target within the Odienné Project in Côte d’Ivoire. This initiative aims to explore a significant 4km-long copper-gold-molybdenum anomaly, potentially leading to a new discovery. The Lando target, characterized by its substantial copper geochemical footprint, is strategically positioned within a broader mineralized system, sharing structural similarities with nearby targets. The drilling program, part of an aggressive 18,000-meter exploration effort, underscores Awalé’s systematic approach to uncovering the potential of the emerging gold-copper district, with promising implications for the company’s operations and stakeholder interests.
More about Awale Resources Limited
Awalé Resources Limited is a mineral exploration company focused on discovering large high-grade gold and copper-gold deposits. The company is actively exploring the underexplored regions of Côte d’Ivoire, particularly the Odienné Copper-Gold Project.
YTD Price Performance: 14.63%
Average Trading Volume: 94,089
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$42.62M
Find detailed analytics on ARIC stock on TipRanks’ Stock Analysis page.