Awale Resources

Primary ticker: TSXV:ARIC
Stage of development: Exploration
Primary minerals: Gold

Live financials

Awalé Resources Ltd. is a junior gold exploration company with a successful management team and Board of Directors who have a proven track record of crystallized value delivery for shareholders. The objective is an economic discovery in west African Birimian Greenstone belts of Côte d’Ivoire, being the jurisdiction of choice in West Africa.

The company has strong first mover advantage with a diversified, district scale, permit portfolio. The focus is over three strategic gold anomalous project areas secured by 5 granted permits covering c. 1964km2 with further pipeline applications. The Birimian of west Africa is now recognised as one the world’s premier gold provinces with a extensive gold endowment, Côte d’Ivoire forms 33% of known West African Birimian geology, but contains less than 10% of these known resources. This represents an exciting opportunity for shareholders as Awalé progressess through it’s exploration objectives for gold and discovery with economic scale.

Management Profile

CEO – Glen Parsons ( Previous CEO Mariana Resources Limited)
• Director – Eric Roth ( Previous COO Mariana Resources Limited)
• Director – Ron Ho ( Previous NED Mariana Resources Limited), Sandstorm Gold
• Director – Derk Hartman ( Previous CFO Silver Bear Resources Limited)
Management Team
• CEO – Glen Parsons
• COO – Andrew Chubb
• CFO – Sharon Cooper
• IR- Karen Davies
• Country Manager Cote d’Ivoire – Karl Akueson
• Exploration Manager Cote d’Ivoire – Koffi Gbamele
Technical Advisory
• Neil Adshead

What recent news would you like to highlight to investors attending?

Update former Mariana Resources shareholders, and current Awale Resources shareholders. And introduce the company to potential new shareholders.

What recent news would you like to highlight to investors attending?

The company would like to highlight the swift progression of target generation and testing, and the opportunity to increase shareholder value by accumulating land in one of the worlds premier gold provinces.

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Target Generation
Target Testing

6 Months:

Target Generation
Target Testing
Target Definition

12 Months:

Target Generation
Target Testing
Target Definition

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

One of the challenges we face as a junior exploration company is the ever changing gold market, but we work to over come this by continuing to keep shareholders abreast of the progress we are making, and by continuing to add shareholder value.

In a sentence, what do you think makes your company such a compelling investment?

Awale is made up of a knowledgeable, value driven team, that has a proven successful track record with multiple take over stories in the past 5 years, and extensive experience in the junior market exploration space.