A well-funded gold-copper exploration company with 4 significant discoveries on a 2,462 km2 tenure in the underexplored greenstone belt of Côte d’Ivoire.
+$17M in cash gives us the room to push our 100%-owned projects very hard.
Fremen, for example, shares key geological characteristics with BBM and Charger, and has the potential to evolve into another significant discovery within the broader Odienné district.
🇨🇮 $ARIC.V $AWLRF
I often see companies reporting a large total resource that is actually made up of multiple separate deposits combined into one number.
When the company knows what they’re doing and has a clear development plan, this can be perfectly reasonable.
Experienced management can integrate the deposits through shared infrastructure and a unified strategy, etc, creating potential value via economies of scale.
However, when this isn’t handled well it can causes problems.
Distinct deposits often have different metallurgy, permitting hurdles, logistics challenges, or economics that don’t combine as cleanly as the headline suggests.
The result can be higher capex, delays, and disappointing outcomes.
This is why ... you guessed it ... you gotta ask & dig.
Always break down the components of a resource estimate. Headline numbers can mask complexities.
Ask & dig.
I did, in my recent conversation with @AwaleResources $ARIC.V.
The CEOs answer is in the clip below.
The full interview is on YT and wherever you get your pods.
Empire is the perfect potential starter pit, with high grades close to surface, but we believe there's much more room for growth.
➡️ 15m @ 13.1 g/t Au from 69m
➡️ 27m @ 3.1 g/t Au from 43m
➡️ Potential for extensions to the SE as well as open along strike
🇨🇮 $ARIC.V $AWLRF
Charger is the high-grade sweetener to our MRE, and hosts some of the best grades in Africa, but we believe there's much more room for growth.
➡️ 57m @ 26 g/t Au
➡️ 9m @ 52.8 g/t Au
➡️ High-grade gold system remains open at depth
🇨🇮 $ARIC.V $AWLRF
Charger is the high-grade sweetener to our MRE, and hosts some of the best grades in Africa, but we believe there's much more room for growth.
➡️ 57m @ 26 g/t Au
➡️ 9m @ 52.8 g/t Au
➡️ High-grade gold system remains open at depth
🇨🇮 $ARIC.V $AWLRF
BBM is the cornerstone of our initial MRE, but we believe there's much more room for growth.
➡️ 72m @ 1.8 g/t Au 0.36% Cu
➡️ 38m @ 3.0 g/t Au 0.5% Cu
➡️ Potential to develop into largest gold-copper deposit in West Africa
🇨🇮 $ARIC.V $AWLRF
BBM is the cornerstone of our initial MRE, but we believe there's much more room for growth.
➡️ 72m @ 1.8 g/t Au 0.36% Cu
➡️ 38m @ 3.0 g/t Au 0.5% Cu
➡️ Potential to develop into largest gold-copper deposit in West Africa
🇨🇮 $ARIC.V $AWLRF
We delivered our initial MRE this week.
But this is just the beginning.
We’re now accelerating.
➡️ Drill results on 100% ground in Q3 2026
➡️ PEA in Q3 2026
➡️ PFS & Mining Licence in Q4, 2027
🇨🇮 $ARIC.V $AWLRF
Delivering a 1.71 Moz gold Eq. resource at 1.64 g/t AuEq shows the strength of our system.
But!
Odienné has the potential to grow into a much larger gold-copper system as we advance resource growth, category conversion, and mining scenario optimization.
🇨🇮 $ARIC.V $AWLRF.
Delivering a 1.71 Moz gold Eq. resource at 1.64 g/t AuEq shows the strength of our system.
But!
Odienné has the potential to grow into a much larger gold-copper system as we advance resource growth, category conversion, and mining scenario optimization.
🇨🇮 $ARIC.V $AWLRF.
This MRE establishes Odienné as a significant gold-copper project with a 1.71 Moz resource at 1.64 g/t AuEq.
With near-surface mineralization at BBM & Empire, and high-grade mineralization at Charger, we have a lot of flexibility going into the PEA.
🇨🇮 $ARIC.V $AWLRF
This MRE establishes Odienné as a significant gold-copper project with a 1.71 Moz resource at 1.64 g/t AuEq.
With near-surface mineralization at BBM & Empire, and high-grade mineralization at Charger, we have a lot of flexibility going into the PEA.
🇨🇮 $ARIC.V $AWLRF
Missed the @AwaleResources Corporate Update + Q&A? No worries — the replay is now available.
The webinar discusses today’s 1.71Moz AuEq Inferred Mineral Resource Estimate at the Odienné Project and what it means for the Company moving forward.
Watch below 👇
https://t.co/gbS3yIKSEu
You have questions, and we're here for it.
Join $ARIC.V CEO Andrew Chubb for a Q&A.
Tuesday, May 19th at 12:30 PM EST.
Register here 👉 https://t.co/61dkfyVbBZ
Send questions to [email protected] or use #AskARIC on X or CEOca.
You have questions, and we're here for it.
Join $ARIC.V CEO Andrew Chubb for a Q&A.
Tuesday, May 19th at 12:30 PM EST.
Register here 👉 https://t.co/61dkfyVbBZ
Send questions to [email protected] or use #AskARIC on X or CEOca.
The recent warrant exercises don't only reflect strong shareholder conviction in $ARIC.V's outlook and asset quality, but they also ensure a multi-year exploration runway across our 100%-owned properties, with no near-term capital constraints.
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