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Mining Stock Daily

Awalé Resources Drilling Update from Odienné as the Company Awaits Results from the Lando Target

Mar 26, 2025
Andrew Chubb, CEO of Awale Resources, provides exciting updates on gold exploration in Côte d'Ivoire. He highlights the significant gold intersections achieved at the BBM site and the potential for new discoveries at the Lando target. The discussion explores a strategic drilling program focusing on extensive mineralization with a combined strike length over 15 kilometers. Chubb also delves into the collaborative efforts with experienced geologists to guide exploration and the optimistic outlook for results from ongoing drilling at Fremen.
18:21

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Recent drilling at the BBM zone has confirmed a robust gold mineralized system, enhancing the project's potential for resource development.
  • Awale Resources is implementing a hub-and-spoke operational model to optimize several nearby discoveries, attracting renewed investor interest in Côte d'Ivoire.

Deep dives

Drilling Progress at BBM Zone

Recent drilling at the BBM zone of the ODNA project in Côte d'Ivoire has yielded significant results, including 52 meters of gold equivalent mineralization at 2 grams per ton, beginning approximately 200 meters below the surface. The drill program aimed to infill the previously spaced drilling to 100 meters apart, confirming a robust and continuous mineralized system over a strike length of 1.2 kilometers. The core of this mineralization has a higher grade of 300 meters steeply plunging northwest, which adds to the positive potential of the project, and broader, lower-grade mineralization is expected to be suitable for open-pit mining. The results align with the company's expectations and suggest a significant opportunity for resource definition and development at the site.

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