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Awale Resources Limited ( (TSE:ARIC) ) just unveiled an announcement.
Awalé Resources Limited has announced significant progress in its exploration activities at the Charger target within the Odienné Project in Côte d’Ivoire. The Charger zone has yielded some of the highest-grade gold intercepts in West Africa over the past year, highlighting its potential as a major gold discovery. The ongoing drilling program aims to confirm the continuity and volume potential of the mineralization, with results expected in April/May 2025. The company’s geological model suggests that structural folding is a key control on gold mineralization, and the current exploration efforts are focused on expanding the high-grade volume within the mineralized corridor.
More about Awale Resources Limited
Awalé Resources Limited is a company operating in the mining industry, focusing on the exploration and development of high-grade gold deposits. The company is actively engaged in projects within Côte d’Ivoire, with a particular emphasis on the Odienné Project, which includes several promising targets such as Charger, BBM, Empire, and Sceptre.
YTD Price Performance: 21.95%
Average Trading Volume: 86,086
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$42.62M
For a thorough assessment of ARIC stock, go to TipRanks’ Stock Analysis page.