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Bullboard - Stock Discussion Forum
Awale Resources Ltd
V.ARIC
Alternate Symbol(s):
AWLRF
Awale Resources Limited is a Canada-based mineral exploration company focused on the discovery of high-grade gold and copper-gold deposits. It undertakes exploration activities in the underexplored parts of Cote d'Ivoire. The Odienne project lies in the northwest Denguele Region of Cote d’Ivoire, close to the borders of Mali and Guinea. The project covers approximately 1600 square kilometers...
(km2) in four permits: the granted Odenne East permit, and three permits under application. The Granted Odienne East Permit consists of multiple Iron Oxide Copper Gold (IOCG) copper-gold (Cu-Au) targets and gold (Au) targets, which include the high-grade gold Empire discovery situated along the 20 kilometers long Empire gold Corridor in the south. The Bondoukou Project is located in the northeast of Cote d’Ivoire and is accessed via sealed roads from Abidjan to the city of Bondoukou. The project consists of three granted permits covering 1191.5 km2 along with three applications covering 1182.9 km2.
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TSXV:ARIC - Post Discussion
Awale Resources Ltd
> Defining a New World Class Gold/Copper District in West Afr.
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(1931)
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Betteryear2
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Post by
Betteryear2
on Jul 23, 2023 2:10pm
Defining a New World Class Gold/Copper District in West Afr.
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Jul 21, 2023
Awal Resources is a gold & copper exploration company focused on discovering large high-grade deposits in the underexplored jurisdiction of Cote d’Ivoire. West Africa is now accepted as one of the world’s great gold provinces, and is the largest Paleoproterozoic gold-producing region, with a near 10,000-tonne gold endowment. Cote d’Ivoire contains 33% of the prospective Birimian greenstone belts in West Africa, but less than 10% of total gold resources, making it an ideal location for new gold discoveries. For more information, please visit www.awaleresources.com. VIDEO CHAPTERS:
0:00
Why Awal?
3:47
Odienn geological setting
5:35
Odienn's 7 permits
7:41
Awal's 3 high-grade discoveries
10:26
Drill core from Charger (with visible gold)
11:25
The path forward
13:30
The team, the board, and the corporate summary
15:10
How to stay up-to-date with Awal FORWARD-LOOKING STATEMENTS! This presentation contains forward-looking information within the meaning of Canadian securities laws (collectively “forward-looking statements”). Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Forward-looking statements in this presentation include but are not limited to statements regarding the closing of the Acquisition and Private Placement, and ability to achieve results, creation of value for Company shareholders, achievements under the Newmont JV, planned drilling, commencement of operations. Although the Company believes any forward-looking statements in this presentation are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance and that actual results may differ materially from those in forward-looking statements as a result of various factors, including the potential inability to obtain required regulatory approvals and satisfy other applicable closing conditions; possible adverse impacts due the global outbreak of COVID-19; the Company's inability to generate sufficient cash flow or raise sufficient additional financing requirements; volatility in metals prices; the ability of the Company to retain its key management employees and skilled and experienced personnel; conflicts of interest; litigation or other administrative proceedings brought against the Company; actual or alleged breaches of governance processes or instances of fraud, bribery or corruption; exploration, development and mining risks and the inherently dangerous nature of the mining industry, and the risk of inadequate insurance or inability to obtain insurance to cover these risks and other risks and uncertainties; property and mineral title risks including defective title to mineral claims or property; changes in national and local government legislation, taxation, controls, regulations and political or economic developments in Canada and Cote d’Ivoire; equipment shortages and the ability of the Company to acquire necessary access rights and infrastructure for its mineral properties; environmental regulations and the ability to obtain and maintain necessary permits, including environmental authorizations and water use licences; extreme competition in the mineral exploration industry; delays in obtaining, or a failure to obtain, permits necessary for current or future operations or failures to comply with the terms of such permits; risks of doing business in Cote d’Ivoire , including but not limited to, labour, economic and political instability and potential changes to and failures to comply with legislation; the Company's common shares may be delisted from the TSX Venture Exchange if it cannot maintain compliance with the applicable listing requirements and other risk factors described other filings with Canadian securities regulators, which may be viewed at www.sedar.com . Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether because of new information future events or results or otherwise.
Defining a New World Class Gold & Copper District in West Africa | Awal Resources (TSX-V: ARIC) - YouTube
(1931)
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Betteryear2
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Comment by
Betteryear2
on Jul 23, 2023 2:13pm
Note: Should state Awale Resources
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