Scout RC and Diamond Drilling Intersects key indicator Copper and Molybdenum Sulfide Mineralization at the Odienné Project

VANCOUVER, BC , Jan. 17, 2023 /CNW/ - Awalé Resources Limited (" A walé " or the " Company ") (TSXV: ARIC) is pleased to provide the following update on the recently-completed scout drilling at the Sceptre East and Charger Targets, Odienné Project, Côte d'Ivoire (Figure 1). A total of nine holes for 1,292.2m were completed over initial geophysical and geochemical targets (see Company News Release dated December 20, 2022 ), with seven holes having intersected significant alteration and sulfide mineralization. Assays are pending.

Highlights

An initial seven hole for 1,092.2m drill program at Sceptre East has confirmed silica-sericite alteration and sulfide mineralization associated with a highly-fractured and deformed porphyritic intrusive. This intrusive phase has been intersected over approximately 1km in strike and remains open to both the east and west of the current drilling.
Sulfide mineralization in four of the seven holes at Sceptre East consist of quartz-veinlet-hosted chalcopyrite and molybdenite as well as disseminations within a broader fracture envelope. At this early stage the observed alteration and sulfide assemblage is interpreted to be part of a larger intrusive related mineralized system at Sceptre .
A further two holes for 200m were completed at Charger and successfully intersected polymetallic sulfide mineralization within an intrusive host which lies beneath previously reported gossan material and new artisanal workings (see Company News Release dated October 13, 2022 ).

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