Awalé Resources Ltd (TSX-V:ARIC) has unveiled a remarkable high-grade gold discovery at its Odienné project in Côte d'Ivoire, with CEO Andrew Chubb describing a recent drill hole as 'nothing short of spectacular.' The drill hole yielded an impressive 32 metres at 45.7 grammes per tonne of gold within a 57-metre interval averaging 26 grammes per tonne. Chubb emphasized the significance of this find, noting its consistency of high-grade mineralization without reliance on large gold nuggets. He described it as the best drill hole of his career, underscoring the exceptional nature of the discovery.
The company has only begun to explore the project's potential and plans to follow up with an imminent drilling program targeting both the BBM and Charger sites, with rigs expected to commence within two weeks. The BBM target, announced last week as a new discovery, and the Charger target, known for its visible gold breccia pipe system, are areas of focus due to their previously identified high-grade intercepts. Chubb expressed enthusiasm for the future, citing the Odienné project's drilling results as among the highest-grade gold sections in Africa in decades.
With 25,000 metres of drilling planned for the year, he anticipates further significant discoveries and commits to keeping stakeholders informed on the project's progress. The discovery's importance lies in its exceptional grade and consistency, positioning it as one of the most promising gold finds in recent African mining history. The high-grade intervals without reliance on nugget effects suggest a robust and economically viable mineralized system that could have substantial implications for gold production in West Africa.
The timing of this discovery comes as global gold demand continues to strengthen, making high-grade deposits increasingly valuable. The Odienné project's results could potentially attract significant investment interest and position Awalé Resources as a key player in West African gold exploration. The company's systematic approach to exploration and the quality of mineralization encountered suggest that this may be just the beginning of a major gold district development in Côte d'Ivoire.
