Awalé Resources stock soars on 45.7 g/t gold find

Awalé Resources soared on Monday after the Newmont-backed gold explorer reported outstanding assay results of 45.7 grams per tonne gold over 32 metres from drilling on the Odienné project in Côte d’Ivoire.

Located in the northwest Denguèlé region, close to the borders of Mali and Guinea, the Odienné project comprises seven permits that together cover 2,462 kmIn 2017, Awalé initiated its involvement in the project by acquiring an initial two permits from Aforo Resources – an Australian company – in partnership with their local associate – ANGET – who still retains a 10% interest.

Four holes for a total of 699 metres were completed at Charger during the latest drilling phase, with the 45.7 g/t intercept being the only one to encounter significant mineralization. The mineralization, according to the company, is consistently high grade throughout the reported interval.

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