Awalé Resources

Awalé is a diligent and systematic mineral exploration company focused on discovering large high-grade gold and copper-gold deposits. Exploration activities are currently underway in the underexplored regions of Côte d'Ivoire, where the Company is exploring the Odienné Copper-Gold Project, covering 2,346 square kilometres across seven permits—five granted and two applications. This includes 797 square kilometres in two permits held under the Awalé-Newmont Joint Venture (“OJV”). Awalé currently manages all exploration activities over the OJV, with funding currently provided by Newmont Ventures Limited (“Newmont”) under an Exploration Agreement signed in May 2022.

Awalé has discovered four gold, gold-copper, and gold-copper-silver-molybdenum mineralized systems within the OJV and has recently commenced exploration on its 100%-owned properties.

The Odienné Project is underexplored and has multiple pipeline prospects with similar geochemical signatures to Iron Oxide Copper Gold (IOCG) and intrusive-related mineral systems with substantial upside potential. The Company benefits from a skilled and well-seasoned technical team that allows it to continue exploring in a pro-mining jurisdiction that offers significant potential for district-scale discoveries.

Management Profile

Andrew Chubb, CEO

Mr. Chubb is an Economic Geologist with more than 20 years of exploration and mining experience. He has well-developed technical and operational skills from 20 years in technical, operational, consulting, and advisory roles in the mining and exploration industry across multiple continents including Australia, Africa, and Europe. He has led large teams from exploration through to feasibility including the Mantra Resources Mkuju Project in Tanzania prior to takeover by ARMZ/Uranium One for AUD1.02B. Andrew has a BSc with honours from the University of New England in Australia, is a Member of the Australian Institute of Geoscientists and the Society of Economic Geologists.

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

3 Months:

• Advance the current phase of drilling under the 100,000-metre program at the Odienné Project, with focus on progressing the BBM, Charger, and Empire targets toward resource estimates, while accelerating greenfield discovery drilling across the 100%-owned and JV permits.
• Continue geochemistry, mapping, and target-definition work on 100%-owned permits (Fremen, Sama, and Seydou) to build a fresh pipeline of drill targets.

6 Months:

• Deliver a first Mineral Resource Estimate (MRE) for the BBM, Charger, and Empire targets, building on the outcome of the ongoing drill program.
• Advance toward a Preliminary Economic Assessment (PEA) for the Odienné Project.
• Advance the greenfield exploration footprint by systematically drilling on newly identified high-priority targets across our 100%-owned permits.

12 Months:

Continue aggressive greenfield discovery programs, aiming to expand the project pipeline well beyond current known zones.

What do you think makes your company such a compelling investment?

• Large, under-explored land package: Odienné covers 2,346 square kilometres in Côte d’Ivoire, a recognized gold-copper fertile district — offering scale and opportunity for major discoveries.
• Multiple high-grade discoveries already made: The Company has delivered several significant gold- and gold-copper discoveries.
• Well-funded: Strong support from Fortuna Mining and Newmont.
• Proven technical team: Experienced team with a track record of discoveries across West Africa.