Awalé Resources Signs Drill for Equity Memorandum of Understanding over Odienné and Bondoukou
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VANCOUVER, BC, April 12, 2021 /PRNewswire/ - Awalé Resources Ltd. (TSXV: ARIC) (the Company or Awalé ) is pleased to announce that it has entered into a binding Memorandum of Understanding ( MoU ) with Geodrill Limited (TSX: GEO) ( Geodrill ) for a US$1 million drilling for equity program on Awalé s Odienné and Bondoukou gold projects in Côte d Ivoire.
This MoU covers a minimum of 10,000 meters of drilling for value US$1 million, commencing in April over the Company s two focus areas.
Odienné Project (North West Côte d Ivoire)- Resource definition and discovery drilling focussed on rapidly building near surface gold ounces both in and around the existing Empire Main discovery area. Extending mineralization over the 900m geochemical footprint at the Empire Main high grade gold discovery is a priority and the Charger pr