Maiden Scout Drilling Success At Samanda East Prospect
Awalé Resources Limited (TSXV: ARIC) has received positive assay results from a 4381m scout drilling programme at the Samanda East and the southernmost four targets of the Kodio Trend at the Bondoukou project in Cote d’Ivoire.
In addition to previous drilling at Fako, the company has now tested just 15% of the known 60+km cumulative mineralised strike length for the discovery of gold deposits at the Bondoukou project.
Highlights from the Bondoukou Programme:
At Samanda East, eight drillholes for 585m were completed over the >300ppb core of a 1.5 km long >20ppb ppb gold in soil anomaly. The scout programme was designed and intercepted gold mineralisation along a NNE Structural trend. The following encouraging results for follow up returned:
BNRC0002 – 10m @ 0.6 grams/tonne (g/t) gold (Au) from surface, including 2.0m @ 2.3 g/t Au from 8.0m downhole
BNRC0007 – 10m @ 0.6 g/t Au from surface, including 2.0m @ 2.3 g/t Au from 8.0m downhole
At Kodio 51 holes for 3,796m were drilled over the 4 southernmost targets on the >15km long Kodio gold in auger geochemistry trend.
CEO, Glen Parsons, said low grade mineralisation was intercepted over all four targets and confirm near continuous mineralisation along this major north/south structure which can be followed over the company’s entire permit area.
“We are encouraged by results at Samanda where further follow up is planned for both Samanda East and West in Q4,” Mr Parsons said. “Furthermore, the confirmation that the north/south Kodio structure is mineralised by fluid flow allows us to continue to assess our further multiple defined targets for follow up.
“Remember, we are sitting on over 80km of this mineralised trend which continues over our three licences. We have only drill tested a mere eight km of this total trend by wide spaced drilling.
“Therefore, we continue our thorough exploration approach and refine our targets in Q4 readying for the next phase of testing and discovery.
“The Bondoukou exploration continues appropriately alongside our brownfields and new discovery focus at the Odienné Project.
“The Odienné Empire Main discovery is an exciting high-grade focus where we are looking to build ounces on the locked in foundation of the discovery.
“This is now complemented by the unique and new Charger Prospect which is displaying a new form of alteration system where gold is hosted. Assays are pending and we wait in anticipation and will update the market accordingly.”
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