Awalé Resources (TSX-V: ARIC)

Is smart money flowing into West Africa? In one word: Yes. A prime example? Montage Gold, next door to us. The Lundin Trust holds ≈20% of $MAU.V, valued at around C$140M. "Awalé got ≈80% of our last capital raise from institutional investors," says CEO Andrew Chubb. The full interview can be found at the following timestamped link: https://lnkd.in/dyy7HWDa

What do the recent news from our 100%-owned ground mean? Simply put, the news means we are on the cusp of a potential new gold discovery! "We followed the same structural trend and found new anomalies of a similar tenor to our BBM discovery", Awalé Resources (TSX-V: ARIC) CEO Andrew Chubb explained in an interview with Investing News Network. Watch the full interview here -> https://lnkd.in/d9GiS5f9

We're on the cusp of a new potential gold discovery on our 100%-owned property! On the same trend and only 4 kilometres away from our BBM discovery (2.4 g/t AuEq over 75m), we've uncovered a large gold footprint, with peak value of 1.3 grams gold. Awalé Resources (TSX-V: ARIC) CEO Andrew Chubb explains how we did it in the video below. Essentially, the termites burrow ≈40-metre-deep holes for us and bring samples to surface. It's a very low-cost yet effective sampling methodology, which we also used to make our BBM discovery. The discovery hole at BBM was drilled under the same 1.2 g/t gold termitaria sample. The structural trend is the same as BBM. The late intrusive rocks are similar to BBM. We are very excited to follow up on this new target given its proximity and similar characteristics to BBM. Read the full news release here: https://lnkd.in/dyBYw-nf

Awalé's 2024-2025 field season is shaping up to be a busy one! ✅ C$10M in the treasury for our 100%-owned properties. ✅ Joint Venture properties drill program fully funded by Newmont. Stay tuned for more updates from Awalé (TSX-V: ARIC) on this exciting new district! Watch the full interview with Valpal here: https://lnkd.in/dv7wUmHc

"Having the right technical team in place is what leads to discoveries", Awalé CEO Andrew Chubb told Antonio in their recent interview at the Beaver Creek Precious Metals Summit. We have that team. The full interview can be found at the following timestamped link: https://lnkd.in/dNKGbvn3

Why has Cote d'Ivoire gained so much attention from mining & exploration companies recently? - Strong regulatory framework - Strong infrastructure - Geological potential - Socioeconomic potential - Govt commitment to growth Let's explain. 1. Strong Regulatory Framework Côte d’Ivoire has long been a model of stability for the Economic Community of West African States alliance (ECOWAS). The legal system, based on French civil law, provides an investor-friendly environment with a well-recognised framework. 2. Strong Infrastructure One of the most developed nations in West Africa with: - 85,000km of roads, - 2 seaports, including the second-largest port in West Africa, - 7 airports, - 70-80% electricity penetration, - 140% mobile penetration, and - multiple industrial zones. 3. Geological Potential West Africa, a globally significant gold producer, holds +300M oz of gold, with the number of gold mines doubling since 2012. Côte d'Ivoire, despite having 33% of the Birimian Greenstone Belt, holds only 10% of that gold, showing its untapped potential. 4. Mining The region has attracted numerous mining companies due to its geological potential & favorable investment climate. The government has been open to partnerships with international mining companies like Newmont, Barrick, Endeavour, Fortuna, and many others. 5. Socioeconomic Potential Côte d'Ivoire's economy is led by cocoa exports and growing sectors like textiles, agribusiness, and mining. With a mostly youthful population, the country has a great labor force, offering considerable potential for various industries and services. 6. Skilled Labor Côte d'Ivoire is investing in education and vocational training to boost skilled labor, particularly in sectors like mining and manufacturing. This focus on human capital development will ensure the long-term sustainable growth in the region. 7. Growth Outlook Cote d’Ivoire’s future growth outlook is very promising. The country’s economic diversification efforts, infrastructure development, and investment-friendly policies are expected to continue contributing to sustained growth, as seen in the chart below. 8. Investment Incentives The Ivorian government actively encourages foreign direct investment with favorable tax regimes, incentives for the mining industry, and streamlined procedures to set up businesses. Special economic zones and industrial parks provide further incentives. 9. Security Since the democratic election of President A. Outtara, Côte d’Ivoire has been a model of security, stability, and safety. Over the last decade, the government has taken serious measures to enhance security and stability, making it a safe environment for investment. 10. Safety Côte d'Ivoire has recently strengthened its security infrastructure, ensuring key investment regions remain safe. With improved border controls and ECWOAS cooperation, the country offers a stable and secure environment for economic growth and foreign investment.

Cash is king! Awalé currently has +C$10M in cash, which we plan to use on our 100%-owned land. To explain how meaningful that spend could be, CEO Andrew Chubb explains that all of the work leading up to the discoveries we've made to date cost less than C$10M of $NEM money.

Why do we like BBM so much? It's simple - strong near-term resource potential, with promising grades & broad widths of both gold & copper mineralization. Awalé is committed to unlocking further value with more drilling set for Q4, aiming to expand BBM's potential. CEO Andrew Chubb explains in this interview with American Eagle Gold CEO Anthony Moreau.

We expect to release assay results from 6 more holes in Q4 of this year. 2 from BBM, 4 from charger. What comes after that? Awalé CEO Andrew Chubb explains what's next for the Newmont JV and, more importantly, the 100%-owned ground. The full interview can be found at the following timestamped link: https://lnkd.in/dNKGbvn3

Côte d'Ivoire is quickly emerging as one of the most mining-friendly jurisdictions in the world. With stable policies, significant gold reserves, and growing infrastructure, it's becoming a hotspot for exploration & investment. $ARIC.V CEO Andrew Chubb explains why we love the Ivory Coast in an interview with CEO.CA 🔺