Fortuna Silver Mines IncFSM
Mentioned
Impact on assets 2
Materials
Fortuna Silver Mines IncCritical Materials & Supply Chain
Newmont Goldcorp CorpNEM
Mentioned
Awalé Resources Limited has commenced a fully funded 15-month regional exploration program across its 100%-owned ground at the Odienné Gold-Copper Project in Côte d'Ivoire, comprising approximately 71,500 metres of drilling and 15,635 surface geochemical samples at a total budget of about US$8.5 million. The program is backed by the recent PDI Gold financing, supported by Fortuna Mining and Newmont, and allocates roughly US$5.5 million to drilling, US$2.2 million to drill sample analysis, and US$0.7 million to surface geochemistry. Of the 71,500 planned metres, 23,940 metres are auger, 10,000 metres aircore, 15,000 metres reverse circulation, and 22,560 metres diamond drilling, with 15,000 metres of that total held as unallocated discovery contingency — 10,000 metres diamond and 5,000 metres RC — reserved to rapidly follow up new discoveries. Drilling is set to restart at Fremen after the wet season, with approximately 5,960 metres of diamond drilling planned for Q4 including 14 holes to test the scale of the discovery, while assays from seven previously drilled holes remain pending. Work is already underway with 8,509 termitaria and soil samples collected at Seydou and Sama and a 1,440-metre scout aircore program over Anomaly 1 at Seydou, and a further 12,015 surface geochemical samples and 4,400 metres of auger drilling are planned at the GB and Tienko permit applications, subject to grant of permits. Awalé's 100%-owned permits cover approximately 1,542 square kilometres, or about two-thirds of the 2,338 square kilometre Odienné Project package, which also hosts an initial inferred Mineral Resource Estimate of 1.71 million ounces gold equivalent across the BBM, Charger, and Empire deposits.
Fortuna Silver Mines IncNewmont Goldcorp Corp