Awalé Resources Limited provided an exploration update on the Odienné Project JV in Côte d'Ivoire. With Newmont funding a USD 3 million budget for 2023, the Company has undertaken an aggressive exploration campaign in the first half of the year at Odienné, that has culminated in 4859 m of drilling completed. The Company awaits a strong flow of results from this reverse circulation (RC) and diamond drilling (DD) which was completed on July 17, 2023.

This drilling followed up on the Sceptre East and Charger discoveries, as well as scout drilling three new targets at Lando, Sceptre Main and BBM. A summary of completed exploration in the second half of 2023 is as follows: Two Phases of drilling totaling 4859 m in 33 holes over 5 zones at the Odienné East permit. New discovery at Sceptre East and high grade gold intercepted at Charger in a discovery drilling phase for these targets; Assays Pending for Phase 2 and 3 including; Follow up drilling at the Scepter East and Charger targets; Scout drilling at three new targets ?

Lando, Sceptre Main and BBM; Results flow expected from early August. Airborne geophysics ? Permit wide 100m line spaced detailed magnetic and radiometric survey; Ground geophysics; IP ?

8km2 of Gradient array and Pole Dipole surveys at Sceptre Main, Sceptre East and Lando; Gravity - permit wide 400m x 400m grid (90% complete).