GOLD: 12 g/t over 26 Metres in Côte d'Ivoire | Awalé Resources CEO Interview

Awalé Resources CEO Provides Update on Gold Exploration in Côte d’Ivoire: Highlights from Resource Talks Interview

In a recent interview hosted by Resource Talks, Andrew Chubb, CEO of Awalé Resources, offered an in-depth update on the company's ongoing exploration activities in Côte d’Ivoire, emphasizing promising results from recent drilling campaigns and strategic outlooks for the company's future development. It’s important to note that the interview was sponsored by Awalé Resources, and the host owns shares of the company, which introduces potential conflicts of interest. Viewers are encouraged to conduct independent research and approach the information with a critical perspective.

**Key Exploration Results: High-Grade Gold Intercepts**

One of the most notable disclosures was the reporting of a significant gold intersection: 12 grams per tonne (g/t) over 26 meters. Such grades are considered highly favorable in gold exploration, indicating the potential for economically viable mineralization. Chubb explained that this result stems from ongoing exploration at the Charger zone, which continues to be a focus due to its promising grade and size potential.

**Charger Zone: Structural and Lithological Controls**

The interview delved into the geological characteristics of Charger, with Chubb clarifying that the zone exhibits both structural and lithological controls that influence mineralization. The company is working towards building a resource model for Charger, with plans for more detailed metallurgical and structural studies to better understand the controls on mineralization and to optimize future drilling campaigns.

Regarding the grades, the CEO acknowledged that the current results may fluctuate, but the overall trend remains encouraging. He indicated that upcoming assay results are expected to shed more light on the zone's resource potential, with a timeline for releasing additional data set for the near future.

**Exploration Expansion and Future Drilling Plans**

Chubb highlighted that the company is planning further drilling at Charger to delineate the extent of mineralization, possibly extending to greater depths. Drilling at BBM (a nearby target) is also ongoing, with expectations of increasing resource estimates as more data becomes available.

The company is exploring other targets on its 100%-owned ground, including Lando and Sceptre East. The Lando project, in particular, has seen recent drilling success, and plans are underway to deepen exploration efforts, aiming to establish a resource estimate in the coming months. Meanwhile, the deep hole at Sceptre East is anticipated to be completed soon, which could provide valuable geological insights.

**Market and Financial Outlook**

Chubb addressed the company's financial position, indicating that Awalé Resources still has sufficient funds to sustain exploration activities. He also emphasized that the company remains open to marketing efforts to attract potential investors and partnerships, which could accelerate development.

Regarding corporate strategy, the possibility of spinning out certain assets, such as the 100%-owned ground, was discussed, but no definitive plans were announced. The focus remains on delineating resources and advancing exploration to unlock value.

**Additional Insights and Industry Context**

The interview also touched on broader industry considerations, including how larger operators like Newmont view regional prospects. While specific comments from Newmont were not detailed, the general sentiment is that regional exploration progress benefits all stakeholders.

Chubb concluded with a cautious note, emphasizing that mineral exploration is inherently risky, and investors should be prepared for potential losses. The company’s approach is to systematically evaluate each target while managing risks diligently.

**Final Thoughts**

This interview provides valuable insights into Awalé Resources’ exploration activities in Côte d’Ivoire, highlighting promising high-grade gold results and ongoing efforts to expand resource estimates. However, given the potential conflicts of interest inherent in sponsored content, investors and stakeholders should interpret the information carefully and consider independent sources before making investment decisions.

As the company advances its exploration programs, the coming months will be critical in determining whether Charger and other targets can deliver meaningful resource growth, potentially positioning Awalé Resources as a notable player in Côte d’Ivoire’s gold sector.