Awalé Resources operates in northern Côte d’Ivoire. They recently published their initial MRE on a part of the project which is under a joint venture with Newmont (Newmont currently at 61%). This MRE consists of three deposits. BBM is the bulk of the resource, Charger is the high-grade quartz breccia, and Empire is seen as a small high-grade potential starter pit. The conversation centred on the just-released maiden mineral resource estimate showing 1.7 million ounces gold equivalent at roughly 1.7 g/t, the Newmont JV mechanics following that result, the upcoming PEA, and the path to a mining license application by mid-2027.
The post 1.71M oz of Gold in Côte d’Ivoire, But Is the Grade Actually Mineable? first appeared on Resource Talks.