The BBM Zone is a grassroots discovery. These latest holes followed up on this new discovery, and the company expects to restart drilling in April. These multiple, shallow, broad, high-grade intercepts demonstrate the BBM zone’s excellent continuity and scale potential.
Highlights:
- 75 m @ 2.4 g/t gold equivalent (Au Eq) from 242 m downhole in OEDD-74.
- 44 m @ 2.5 g/t Au Eq from 131 m downhole in OEDD-65.
- 40 m @ 1.9 g/t Au Eq from 194 m downhole in OEDD-76.
- 39 m @ 1.6 g/t Au Eq from 60 m downhole in OEDD-64.
- Assay results from the Charger target are expected soon.
- A follow-up drill programme is scheduled to begin in April.
All holes were mineralised and intercepted target geology. Mineralisation remains open in all directions.
Andrew Chubb, CEO of Awalé Resources, commented:
“We are delighted with these assays from the follow-up programme at the BBM target. The mineralisation is robust and we have now confirmed plunging high-grade mineralisation over 500 m of strike, which remains open in all directions. The consistently high-grade gold mineralisation encountered in multiple drill holes underscores the prospectivity of our exploration area and highlights the substantial value it holds for our company and stakeholders.”
