Awale Hits 3.7 g/t Gold and 0.85% Copper (4.2 g/t AuEq.) over 10 Metres within 1.9 g/t Gold and 0.57% Copper over 42 Metres in Deep Drilling at BBM
High-grade gold-copper discovery at BBM shows significant underground scale as Awalé transitions from exploration to resource definition.
The most recent news (March 16, 2026) reports high-grade gold and copper assay results from deep diamond drilling at the BBM discovery within the Odienné Project, Côte d'Ivoire. Key intercepts include 42m at 2.4 g/t AuEq (including 10m at 4.2 g/t AuEq) and 31m at 2.2 g/t AuEq. Crucially, the drilling confirms that the high-grade "plunge" extends to at least 600m vertical depth and remains open. The company also identified a potential second parallel high-grade shoot via step-out hole BBDD-27, which returned 34m at 1.3 g/t AuEq outside the current known resource area.
The impact is Material - Positive. While the market was aware of the BBM discovery, these results are transformative for the following reasons: - Depth Continuity: Doubling the known depth of mineralization to 600m (and testing to 800m) significantly increases the potential volume for the upcoming Mineral Resource Estimate (MRE). - Underground Potential: The grades and widths (e.g., 10m @ 4.2 g/t AuEq) are increasingly supportive of a bulk-tonnage underground mining scenario, moving beyond a simple open-pit model. - Scale: The interpretation of a second parallel shoot suggests the system is larger than previously modeled. - De-risking: These results are the final "confidence builders" before the Q2 2026 MRE, which is a major valuation catalyst.
Awalé Resources is focused on the Odienné Project in Northwest Côte d'Ivoire. The project is a "district-scale" IOCG (Iron Oxide Copper Gold) system. - Flagship Project: Odienné Project. - Key Zones: BBM (Gold-Copper), Charger (High-grade Gold breccias), and Empire (Gold). - Structure: The project is split between the Odienné East JV (Newmont earning in) and 100%-owned permits (Sienso, Sama, Seydou).