IOCG Style Mineralisation Confirmed At Charger
Awalé Resources Limited (TSXV: ARIC) has obtained further positive results from drilling at the Empire and Charger prospects, Odienne Project, Cote d’Ivoire, West Africa.
Final assay results have now been returned for the last 11 holes completed (three diamond drill holes/“DDH” and 8 Reverse Circulation/“RC” holes for a total of 1,297m) with the following highlights:
Empire Prospect – ‘Empire Gap’ Offset Drilling
Five RC holes and one diamond hole were drilled into a 150m lateral offset from the Empire Main discovery known as Empire Gap. This drilling has delineated a further 180m strike potential of new, open and high-grade gold mineralisation at the Empire prospect. The combined mineralised strike length for Empire Main and Empire Gap is now approximately 400m.
- OERC-119 – 9.0m at 1.9 grams per tonne gold from 139m downhole including 3m at 3.9 g/t Au from 139m. This RC hole is a 40m step-out west of previously reported hole OERC102
- OERC-118 – 8m at 1.4 g/t Au from 110m downhole including 1 m at 8.4 g/t Au. This RC hole is a 40m step-out east of OERC102.
- OEDD-39. 2m at 2g/t Au from 164m downhole. This DDH is a 50m step back from OERC-102.
This drilling has resulted in the discovery of a new mineralized zone at Empire Gap, with drillholes OERC-118, OERC-119 and OEDD39 all intercepting more than 50 down hole metres of the target ‘Empire Diorite’ with brittle ductile deformation and associated alteration. Holes drilled along strike east and west have intercepted shorter intervals of diorite within a package of sheared and mineralised volcanic and mylonitic rocks.
The mineralised shear zone defining the Empire Gold Corridor remains open down dip and along strike and future follow up drilling is planned.
Three RC holes and two diamond holes were completed at Charger as follow up to the previously reported 3.0m at 9 g/t Au and peak copper value of 0.71% (handheld pXRF results) in hole OERC-89. The Charger prospect is interpreted by the company to have all the hallmarks of Iron Oxide Copper Gold “IOCG” systems with strong hematite and magnetite alteration being associated with the gold and copper mineralisation.
- OEDD-38 – 6m at 0.3 g/t Au from 24m downhole. Mineraliwed interval is hosted within a hematite breccia at equivalent position as OERC-89 and
- 4m at 1.1 g/t Au from 50m downhole.
- OERC-124 1m at 1.1 g/t Au from 51m downhole within a 40m-wide hematite alteration zone
CEO, Glen Parsons, said the IOCG style mineralisation at Charger is now interpreted to tie in with district scale copper and base metal anomalism identified by Awale within the Odienné Project area.
Approximately three km north of the Charger discovery lies a >five km long Cu-Au soil anomaly with impressive Cu values up to 0.18% and known as the Sceptre Target. This anomaly was delineated using a combination of company and former Randgold Resources (now Barrick) legacy data sourced by the company.
“Follow up drilling has now confirmed at least 180m of new, open mineralisation on an offset extension to the Empire Main mineralisation,” Mr Parsons said.
“There are very few holes in this new zone and most have returned encouraging results with high-grade gold, ‘Empire style’ mineralisation and alteration. Follow up drilling is planned as we now chase the Empire Corridor style as well as the exciting new Charger style mineralisation.
“Following the discovery at Charger we continue to explore and develop the potential of IOCG systems within the Odienné project. As previously reported, strong copper anomalism exists to the north of the Empire Corridor with a significant five km copper with gold anomaly at the “Sceptre Prospect” advancing to drill ready status.
“The 4th Quarter will be a productive one for Awale, geochemical sampling is currently underway over the greater Charger prospect area as well as the new Sceptre target. This work will be complemented with permit wide Aerial Magnetic and radiometric surveys planned for Q4 2021 as well as ground gravity surveys over the Charger prospect. These works will culminate with Q4 drilling of the new targets at Sceptre and Sceptre East as well as follow up drilling at the Charger prospect and the Empire Corridor.”
For further information please visit: http://www.awaleresources.com/