Awalé Resources Limited announced the commencement of a 3,000 metre diamond drilling program over the Charger Prospect at the Odienné project. The drilling is planned to follow up to the recently announced 26 g/t gold over 57m, including 45.7 g/t gold over 32m from 165m downhole in OEDD-83 at the Charger Prospect. Additionally, a 4,000m drill program for the BBM discovery will commence with a second diamond drill rig in the upcoming weeks.

Awalé views Odienné as highly prospective for large-scale Iron Oxide Copper Gold (IOCG) mineral systems. Awalé's exploration approach has now delivered significant discoveriesthat also include the Empire and Sceptre East with multiple untested pipeline targets that highlight the district scale potential of the project. About The Charger Prospect: This new intercept of 57m @26 g/t gold in drillhole OED-83 from the recently announced four drillhole program reopens Awalé's original interpretation of broader mineralization where the breccia zones may connect at depth which would rapidly increase the volume of the high grade gold mineralization. The Charger Prospect is a discovery that has delivered multiple high grade significant intercepts in previous drilling which includes the following high grade intercepts in the breccia pipe to the south of that intercepted in OEDD-83: OERC-132: 32m @ 3.0 g/t Au from 74m downhole.

o Including 4m @ 12.4 g/t Au from 78m downhole. OEDD-45 (step back from OERC 132) contains 3 high grade intervals within a 65 m wide zone of mineralization which included o 12 m @ 4.9 g/t gold from 89m downhole, o 13m at 1.3 g/t gold from 114m downhole and, o And 21m @ 1.3 g/t gold from 133m downhole. Hole OEDD-53 (50m step back from OEDD-45): 32m @ 1.5g/t Au from 215m downhole o Including 3m @ 5.2g/t Au from 77m.

Four holes for 699 m were drilled at Charger during this phase, three of these testing a new 3D geologic framework for mineralization at the prospect. Three holes (OEDD-78, OEDD-79 and OEDD-82) did not intercept significant mineralization. However, hole OEDD-83 was specifically targeted to drill through potential mineralization associated with the newly recognized NE structural control.

This intercept is 60 m north of the two previously intercepted breccia pipes, and is under the discovery hole (OERC-89) at Charger. The Awalé-Newmont JV ? ?Odienné Project JV?

The Odienné Project JV covers one permit and one application within the greater Odienné Copper-Gold Project in the Northwest of Côte d'Ivoire, and is subject to an earn-in agreement with Newmont Ventures Limited through which Newmont retains the option to earn-in to a minimum of 65% interest, from Awalé, in the Odienné Project JV in return for USD 15 million of exploration expenditures. Newmont is funding the exploration program and Awalé is managing the Odienné Project JV in the initial three-year phase.