Welcome to our dedicated page for AWALE RES news (Ticker: AWLRF), a resource for investors and traders seeking the latest updates and insights on AWALE RES stock.
Awalé Resources Limited reports mineral exploration developments tied to gold and copper-gold targets in Côte d'Ivoire. Company news centers on the Odienné Copper-Gold Project, including drilling and assay results from targets such as BBM, Charger, Empire and Fremen, plus updates on mineralized corridors, shallow discoveries and depth extensions.
Coverage also includes Awalé's 100%-owned ground, the Sienso permit, and the Awalé-Newmont Joint Venture area where Awalé manages exploration activities with funding from Newmont Ventures Limited. Recurring announcements describe diamond and aircore drilling, gold and copper intercepts, project presentations and district-scale exploration work across the Odienné permit package.
Awalé Resources (OTCQX: AWLRF) reported second-phase step-out drilling results at the Charger 2 target on the Odienné Project in Côte d'Ivoire.
New intercepts include 18.0 g/t Au over 7m within 9.2 g/t over 18m and 14.1 g/t Au over 4m within 4.0 g/t over 16m, outside the current Charger MRE envelope of 1.71 Moz AuEq at 1.64 g/t AuEq. Mineralization remains open along strike and down plunge, about 200m southwest of Charger 1. Five drill rigs are active, with two more expected, supporting ongoing exploration and potential resource growth across Charger and BBM.
Awalé Resources (OTCQX: AWLRF) increased its cash position to approximately $18.8 million after the exercise of 5,499,166 warrants at $0.20, raising about $1.1 million. Insiders and a strategic shareholder exercised roughly 5.2 million warrants. The company now has 118,996,931 shares outstanding and targets a Preliminary Economic Assessment in Q3 2026 to advance its Côte d'Ivoire gold projects.
CEO.CA, a leading investor social network for junior resource and venture stocks, released a new Inside the Boardroom episode featuring Andrew Chubb, CEO of Awalé Resources (OTCQX: AWLRF, TSXV: ARIC).
The May 14, 2026 interview discusses the 1.71 Moz AuEq Mineral Resource Estimate at the Odienné project and broader strategy.
Awalé Resources (OTCQX:AWLRF) reported an initial inferred Mineral Resource Estimate for the Odienné gold-copper project in Côte d'Ivoire of 32.4 Mt at 1.64 g/t AuEq, totalling 1.71 Moz AuEq (1.39 Moz gold, 93,000 t copper).
BBM hosts 27.8 Mt at 1.52 g/t AuEq (1.36 Moz AuEq), Charger 1.6 Mt at 4.64 g/t AuEq (232 koz AuEq), and Empire 3.0 Mt at 1.23 g/t Au (119 koz). All resources are inferred, not reserves. A PEA is targeted for Q3 2026 and a Pre-Feasibility Study for Q4 2027.
Awalé Resources (OTCQX:AWLRF, TSXV:ARIC) reported a stronger treasury of approximately $17.7 million in cash after receiving about $5.0 million from the exercise of 6,230,114 warrants at $0.80 each.
The company now has 113,497,765 shares outstanding, supporting a multi-year exploration runway in Côte d'Ivoire.
CEO.CA (wholly owned by EarthLabs) published an Inside the Boardroom interview with Andrew Chubb, CEO of Awalé Resources (TSXV: ARIC; OTCQX: AWLRF; FSE: 2F60) following a new discovery at the Fremen target — Awalé's first find on 100% owned ground.
CEO.CA describes its platform as a leading investor social network with millions of annual visitors and broad coverage of junior mining and venture companies.
Awalé Resources (AWLRF) reported a new discovery at the 100%-owned Fremen target, 11 km along strike from BBM. Key assays include 1.9 g/t Au over 17 m from 6 m and 2.1 g/t Au over 12 m from 32 m. A 126-hole, 5,210 m program confirmed near-surface mineralization across an initial 1-km zone within an 8-km corridor. Results from 52 additional holes are pending, and the Fremen corridor remains open for expansion.
Awalé Resources (OTCQX: AWLRF) reported step-down drill results at the Empire target, confirming broad, multi-zone gold mineralization to 280m vertical depth.
Key intercepts include 5.1 g/t Au over 10m (including 24.9 g/t over 2m) and 1.3 g/t Au over 11m. All resource drilling results are now reported and an initial MRE is targeted for Q2 2026.
Awalé (OTCQX: AWLRF) reported high-grade step-down drilling at the Charger target, including 18.9 g/t Au over 7 m (from 292 m) that contains 24.8 g/t Au over 5 m. Results confirm continuity of high-grade mineralization to 300–400 m and complete a 17-hole program supporting an initial MRE targeted in Q2 2026.
Four Charger 2 holes and 12 Empire holes remain to be released; follow-up drilling will test Charger to at least 600 m vertical depth.
Awalé Resources (OTCQX: AWLRF) reported high-grade step-down drilling at Charger 1, including 36.2 g/t Au over 6 m (from 475 m) and other intercepts down to 400 m below surface. Results support continuity of a steeply southwest-plunging breccia system and will feed an initial Mineral Resource Estimate targeted for Q2 2026.
Follow-up drilling will test Charger to at least 600 m vertical depth and include additional step-outs; eight Charger holes remain to be reported.