Completion Of First Nine Holes At The Charger Zone

TORONTO - Awalé Resources Limited announced high-grade assay results from the first nine diamond drill holes completed as part of the Company's drill campaign at the Charger zone at the Odienné Project in Côte d'Ivoire. Highlights include 26m of 12 grams per tonne (g/t) gold (Au) in OEDD-120 and 95m of 1.8 g/t Au in OEDD-118.

“Results from Charger, including 12 g/t Au over 26m in hole OEDD-120 and 1.8 g/t Au over 95m in hole OEDD-118, confirm the northeastern (NE) mineralization corridor and reinforce our confidence in the continuity, geometry, and scalability of the Charger system. Notably, drill hole OEDD-137 intersected 26m @ 2 g/t Au in a second breccia approximately 50m west of the NE corridor, highlighting the potential for parallel zones of mineralization similar to what has been defined.

"With assays pending for four deeper holes, we confidently advance as we trace high-grade mineralization at depth. Our confidence in the geology is growing and deeper holes are planned to begin in May. We now have sufficient data to interpret Charger-style mineralization as magnetite-destructive and occurring within low magnetic zones relative to their surroundings. This geophysical signature has led to the identification of four new target areas adjacent to the current discovery zone. With deeper drilling planned and new targets in hand, we are confident in the potential for Charger to provide more exciting results," said Andrew Chubb, CEO.