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Awale Resources Ltd V.ARIC

Alternate Symbol(s):  AWLRF

Awale Resources Limited is a Canada-based mineral exploration company focused on discovering high-grade gold and copper-gold deposits. The Company undertakes exploration activities in the underexplored parts of Cote d'Ivoire. The Company’s portfolio includes the Odienne Project in north-west Cote d’Ivoire. Odienne Project lies in the northwest Denguele Region of Cote d’Ivoire, close to the borders of Mali and Guinea. The project covers approximately 2,462 square kilometers (km2) in seven permits - the granted Odienne East and Sienso permits, and five permits under application. Its mineralization targets include the Sceptre, Charger, Lando, and BBM Prospects. Sceptre is a 5-km-long high-tenor copper-gold (Cu-Au) Iron Oxide Copper Gold (IOCG) geochemical target which has broad copper-gold, molybdenum, and silver intercepts. The Empire Gold Discovery is a high-grade gold target located on the 20 km long Empire structural corridor.


TSXV:ARIC - Post by User

Bullboard Posts
Post by oiljack14on Jul 28, 2020 3:00pm
99 Views
Post# 31332631

Drilling rig company owns 15% app of ARIC wow

Drilling rig company owns 15% app of ARIC wow
 When does a drilling company take down 15% of the gold explorer's total share count?  Answer.....after they have done the initial exploration drilling and hit a "discovery" and before they go back to further delineate it lol.
 
So many unqiue parts to this story.
 
CEO sold his last gold company for $150 mm Pounds to Sandstorm Gold.
 
Look at how much he personally own too.  Crazy.  I don't expect a miss when they start drilling next week lol.  But nothing is guaranteed. 
 
 
 
 
iled 2020-07-09 08:50
 
Tx date 2020-07-08
$ARIC
Awale Resources Limited
Capital Drilling Limited
3 - 10% Security Holder of Issuer
Holder: Capital DI Ltd. (Indirect Ownership)
Common Shares
11 - Acquisition or disposition carried out privately
$299,999.98
+4,285,714 vol
$0.07 each
13,730,159  

 
 

Bullboard Posts