Awalé Resources Limited announced new step-down drilling results from the Charger target at its Odienné Project in Côte d'Ivoire. Significant intercepts at Charger 1 include: 18.9 g/t gold over 7m from 292m, including 24.8 g/t gold over 5m (CHDD-20), 9.2 g/t gold over 7m from 310m, including 14.7 g/t gold over 4m & 11.7 g/t gold over 4m (CHDD-13). Results confirm and extend high-grade gold mineralization through depths of 300m below surface.
Four diamond drill holes at Charger 2 have been completed and are in the reporting pipeline. Empire resource drilling results to be released shortly. These results complete the 17-hole resource drilling program supporting the Company's initial Mineral Resource Estimate in Second Quarter 2026, which will include the BBM, Charger, and Empire targets.
The program successfully tested the down-plunge continuity of the high-grade Charger 1 system to depths of 400 metres below surface. The reported holes in this release, together with those reported on March 31 2026 are approximately 250 metres down-plunge from the original discovery hole at Charger (OEDD-83), which returned 57 metres at 26 g/t gold. CHDD-14 and CHDD-17 were drilled a further 40 and 80 metres down-plunge from CHDD-03, which returned 52.8 g/t gold over 9 metres.
CHDD-20 expands mineralization up-plunge from CHDD-03 in what was previously a lower grade gap. Follow-up drilling will test Charger to at least 600 metres vertical depth, while also stepping out to the northeast and southwest to evaluate potential strike extensions and additional mineralized zones. The Company will soon report results from four additional exploration holes at Charger 2, as well as the remaining twelve holes from the Empire Mineral Resource Estimate drill program.
Diamond drilling also continues at BBM, targeting new exploration and expansion zones, alongside a broad aircore drilling program testing multiple greenfields targets across the Odienné East and Odienné West permits. Table 1: Significant Intercepts from Diamond Drilling - (from this release) Hole ID From(m) To(m) Length(m) Au(g/t) Ag(g/t) Cu(ppm) Mo(ppm) Composite Trigger(Au g/t) CHDD0005 279 280 1.00 1.1 0.15 7.63 0.5 342 343 1.00 0.6 0.21 71.2 0.5 378 380 2.00 0.7 0.76 8.52 0.5 399 400 1.00 0.5 0.46 3.91 0.5 416 417 1.00 0.6 0.42 38.83 0.5 CHDD0006 351 352 1.00 2.0 7.56 9.33 0.5 367 368 1.00 4.6 5.69 6.23 0.5 383 386 3.00 0.9 0.61 101.82 0.5 432 433 1.00 1.2 1.01 29.24 0.5 394 401 1.00 0.6 0.91 106.12 0.5 CHDD0008 307 308 1.00 0.5 0.21 108.31 0.5 323 331 1.00 1.4 0.71 21.62 0.5 384 385 1.00 1.1 0.56 4.22 0.5 390 391 1.00 1.4 1.59 5.14 0.5 400 401 1.00 1.7 0.59 2.71 100.54 134 141 1.00 2.2 3.81 64.77 0.5 CHDD0009 234 235 1.00 0.9 0.26 5.02 0.5 291 292 1.00 1.4 0.21 50.92 0.5 361 362 1.00 0.9 0.26 0.11 0.5 365 366 1.00 0.5 1.13 85.72 0.5 CHDD0013 301 303 2.00 0.9 ICP Results Pending 0.5 310 317 7.00 9.2 0.5 including 310 314 4.00 14.7 5.0 327 331 4.00 11.7 0.5 339 340 1.00 1.1 0.5 345 346 1.00 1.3 0.5 360 363 3.00 9.0 0.5 including 361 363 2.00 13.1 5.0 388 391 1.00 0.8 0.5 CHDD0019 306 307 1.00 0.6 0.11 103.54 0.5 314 315 1.00 2.3 0.31 68.36 0.5 354 355 1.00 1.1 0.25 1.52 0.5 CHDD0020 241 242 1.00 0.7 0.27 2.12 50.29 292 297 7.00 18.9 3.75 0.3 20.5 including 293 298 5.00 24.8 4.75 0.3 210.0 308 310 2.00 3.1 0.86 1.82 0.5 316 321 5.00 3.0 0.62 62.86 0.5 325 326 1.00 1.2 0.27 1.71 0.5 Table 2: Charger Drill Collar Details - (all collars from this release) Hole ID Easting Northing RL_M Azimuth_True Dip EOH_M Comment CHDD0005 647828.0 1032078.5 466.7 306.9 -58.7 473.09 CHDD0006 647852.1 1032110.2 466.4 307.0 -58.6 473.50 CHDD0008 647839.1 1032095.7 466.5 306.7 -58.7 473.70 CHDD0009 647811.7 1032068.5 467.2 306.6 -58.7 488.20 CHDD0011 647845.8 1032130.8 467.1 307.5 -58.3 173.15 Failed Hole CHDD0012 647852.6 1032072.1 465.5 307.6 -58.2 165.25 Failed Hole CHDD0013 647838.7 1032130.7 467.4 307.5 -58.4 443.15 CHDD0016 647857.0 1032048.1 464.4 304.8 -59.7 67.60 Failed Hole CHDD0018 647820.3 1032047.9 466.3 306.0 -59.1 40.17 Failed Hole CHDD0019 647881.9 1032075.1 464.2 304.9 -59.9 578.34 CHDD0020 647870.3 1032154.7 466.3 307.0 -57.0 441.70 Analytical work for drill samples is being carried out at the independent Intertek Laboratories in Ghana and Australia, an ISO 17025 Certified Laboratory. Samples are prepared and stored at the Company's field camps and put into sealed bags until collected by Intertek from the Company's secure Odienné office and transported by ALS to their preparation laboratory in Yamoussoukro, Côte d'Ivoire, for preparation.
Samples are logged in the tracking system, weighed, dried, and pulverized to greater than 85%, passing a 75-micron screen. Two pulps are prepared from each sample with one stream to Intertek Ghana for fire assay and a second to Australia where the sample is analyzed by 52 element ICP/MS with a 4-Acid digest. Blanks, duplicates, and certified reference material (standards) are being used to monitor laboratory performance during the analysis.
Where visible gold is observed in drill core, a quartz wash is applied between every sample to reduce or eliminate any contamination. Once fire assay results are received, samples over 5 g/t gold are routinely screen fire assayed, samples lower than 5 g/t gold continued within a high-grade interval are also screen fire assayed. Significant intervals reported in this news release are calculated as downhole length-weighted intercepts.
For the Charger target, initial mineralized zones are calculated at a 0.5 g/t Au trigger and include up to 3 metres of internal waste for delineating mineralized zones. Included intervals are calculated at 2 g/t Au, 5 g/t Au, and 10 g/t Au trigger values, with up to 3 metres of internal waste.
