Awale Extends Charger's High-Grade Gold Zone to 600 Metres below Surface; Intersects 17.9 g/t Gold over 6 Metres and Targets New Strike Extensions
None
On November 6, 2025, Awalé Resources announced new high-grade drill results from the Charger discovery at its Odienné Project in Côte d'Ivoire. The key intercept was from hole OEDD-149, which hit 17.9 g/t gold over 6 metres. This result extends the high-grade gold zone to a vertical depth of 600 metres below the surface. The company confirmed that the mineralized system remains open at depth and to the southwest. Following these results, Awalé is mobilizing four drill rigs in November to commence an expanded drilling campaign.
The news is materially positive as it successfully extends the high-grade gold mineralization at the company's flagship Charger target to significant depth. The intercept of 6 metres at 17.9 g/t gold is excellent in terms of grade and confirms the continuity of the system, which is critical for building a potential resource.
Looking at the progression of news, Awalé has consistently delivered exceptional, high-grade results from Charger, including a spectacular 52 metres at 16.4 g/t Au on June 25, 2025, and 59 metres at 14.7 g/t Au on November 11, 2024. This latest release reinforces the thesis that Charger is a significant, high-grade gold discovery with considerable scale potential.
The timing of this release is also important. It comes just one week after the October 29, 2025, release on the 100%-owned Fremen target, which, despite a positive headline, delivered low-grade results that caused the stock to sell off from C$0.61 to C$0.55. These strong results from Charger serve to restore investor confidence in the company's technical ability and the quality of its primary assets.
While this result is not as impactful as the "game-changing" intercept from June 2025, it is a crucial step in de-risking the project. It validates the geological model at depth and supports the company's ambitious 100,000-metre drill program announced on October 3, 2025, which aims to deliver a maiden resource in 2026. The market should view this news as a strong confirmation that the key value driver for the company continues to deliver.
Awalé Resources Limited is a mineral exploration company focused on discovering large, high-grade gold and copper-gold deposits in Côte d'Ivoire. Its flagship asset is the Odienné Project, a district-scale land package covering 2,346 km². The project is comprised of ground held under a joint venture with Newmont Ventures Limited and a significant portion (1,550 km²) that is 100% owned by Awalé.
The company has made four discoveries on the JV ground: - Charger: A very high-grade, structurally controlled gold discovery. This is the company's most significant discovery to date. - BBM (Bondoukou-Bambadala-M'basso): A large, bulk-tonnage gold-copper system. - Empire: A high-grade gold discovery. - Lando: A large copper-gold anomaly.