Awale Resources

Website: www.awaleresources.com
Primary ticker: TSXV:ARIC
Stage of development: Exploration
Primary minerals: Gold
Project to promote: Odienne, Bondoukou

Live financials

Awalé Resources is a gold exploration company focussed on the discovery of large high-grade deposits in the underexplored jurisdiction of Cote d’Ivoire. West Africa is now accepted as one of the world’s great gold provinces, and is the largest Paleoproterozoic gold producing region, with a near 10,000 tonne gold endowment. Cote d’Ivoire contains 33% of the prospective Birimian greenstone belts in west Africa, but less than 10% of total gold resources, making it an ideal location for new gold discoveries.

Management Profile

Glen Parsons, Karen Davies, and Andrew Chubb will be on site
Board
• 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
Limited
• 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
Eric Roth


What is your rationale for attending 121 Mining Investment?

To update our current shareholders and seek out new shareholders


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

Results from our drilling at the Empire, from our Odienne project


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

3 Months:
Return results from current drill program on Odienne; Target generation

6 Months:
Target testing, Target definition, and resource drilling

12 Months:
Target definition, and resource drilling, 12-24 months Feasibility


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

The market; keep working regardless to build value for our shareholders


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

Awale has significant and diverse drill ready targets for drilling which commenced in last H2; Initial drilling on Odienne which commenced in Oct 2019, and drilling on Bondoukou which would commence in 2020. Awale has a large strategic anomalous gold land package with district scale, three projects over 2307Kmsq. And a successful board and management team with a proven record of value deliver for shareholders.