Identifies Mineralisation In Scout Drilling At Odienné Project
Awalé Resources Limited (TSXV: ARIC) has intersected new high-grade gold mineralisation in scout Reverse Circulation (RC) drilling at the newly-defined Charger prospect, which is located 3km north of the high-grade Empire Main gold discovery in Cote d’Ivoire.
Results have now been received for 22 holes of an initial 23 hole / 1,634m RC programme at Charger, with highlights including:
- OERC-89 – 1m at 20.3 grams per tonne gold (g/t Au) from 16m downhole, plus
- 3m at 9.0 g/t Au from 30m downhole.
- These two high-grade intervals lie within a broader mineralised envelope of 21 m at 2.6 g/t Au from 13m downhole
- OERC-91 – 16m at 0.8 g/t Au from 2m downhole
- Including 1m at 1.7 g/t Au from 4m, and
- 1m at 2.6 g/t Au from 14m
The Charger prospect is a 600m long auger soil gold anomaly (with gold values consistently >90 parts per billion, and a peak value of 0.56 g/t Au), with this initial drill programme consisting of three 160m-spaced drill lines targeting the central portion of the anomaly.
The high-grade gold mineralisation at Charger is hosted within a diorite body interpreted to have intruded the nose of a fold structure. The diorite host is variably iron-altered (hematite, magnetite +/- chlorite) with both disseminated sulphide and sulphide veins.
CEO, Glen Parsons, said this style of alteration is different to that of the Empire Main discovery and is believed by the company to be conducive to a high grade disseminated style of mineralisation. Follow-up diamond drilling to determine the precise geometry of this new mineralised zone at Charger is currently expected to commence on or around June 16.
“We have initial exciting, high grade fresh rock intercepts from the first shallow scout drilling programme at Charger,” Mr Parsons said.
“These new high-grade results at Charger are hosted in a fold hinge target that has uncovered a new style of alteration and mineralisation for the Empire Corridor. The Iron Alteration with disseminated sulphides differs from Empire Main and presents as a potential new high grade disseminated style of mineralisation proximal to Empire Main.
“These results at Charger and of course Empire Main highlight multiphase fluid flow, alteration, and mineralised systems of the greater Odienné Project, reinforcing Awalé Resources ability to continually unlock and develop the potential for a significant gold camp in Côte d’Ivoire.
“We are pleased to be planning and preparing for an immediate follow up diamond and RC phase of drilling to determine the geometry and orientation of the intercepted mineralisation.
“We also anticipate reporting results from the Empire Main targets in the ensuing weeks as well as initial results from the Bondoukou Scout drilling programme in July.”
For more information visit https://www.awaleresources.com/
