Awale Resources Limited
0.65
CAD
-0.02
(-2.99%)
ISIN
CA05455R2081
CUSIP
05455R208
Return %
Stock
S&P 500
1Y
6.56
14.20
3Y
550.00
81.12
5Y
103.13
68.34
Capital Structure
USD
•
in mil. unless spec.Working Capital
USD
•
in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Quarterly Revenue
USD
•
in mil. unless spec.Quarterly Earnings Per Share
USD
•
in mil. unless spec.Quarterly Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- Andrew Chubb
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 141 Adelaide Street W Toronto ON Canada V6C 2T6
- IPO Date
- Mar 31, 2016
- Website
- awaleresources.com
- Similar Companies
- Business
- Awalé Resources Limited (TSXV: ARIC) is a Canada-based mineral exploration company focused on the acquisition, exploration and development of gold and copper-gold properties primarily in Côte d'Ivoire. The company holds the flagship Odienné Project covering 2,346 square kilometres across seven permits in the northwest Denguélé Region, approximately 600 kilometres northwest of Abidjan; key targets include the high-grade gold discoveries at Empire and Charger, the large-scale copper-gold Sceptre discovery, the Belt Basin Margin (BBM) gold-copper discovery with resource potential, the Lando copper-gold anomaly and the Fremen gold target on the Sienso permit. Incorporated in 2015 and formerly known as Spada Gold Limited until a name change in December 2017, Awalé maintains headquarters in Mission, British Columbia. Operations target iron oxide copper-gold (IOCG) style mineralization in an underexplored district comparable to global IOCG provinces; the company manages exploration on its 100%-owned permits and the Awalé-Newmont joint venture covering Odienné East and West permits, where Newmont can earn up to 65% through US$15 million in expenditures. Recent developments include the June 2025 strategic investment by Fortuna Mining Corp., which acquired a 15% stake for US$6 million via private placement, securing pre-emptive and top-up rights; in Q4 2025, Awalé launched a major drilling program of up to 100,000 metres through 2026 aimed at delivering a maiden mineral resource estimate and preliminary economic assessment for Odienné in Q2 2026, alongside ongoing discoveries such as extended high-grade intercepts at Charger and BBM expansions confirming underground potential.
Company News
Awalé Outlines Fully Funded 71,500 Metre Exploration Program Targeting New Discoveries Across Its 100%-Owned Odienné Ground
Orecap Receives TSXV Acceptance for Stardust Agreement on McGarry Gold Project
Awalé Appoints Michael Dorfman to Its Board of Directors
Orecap Shareholders Approve McGarry Option Transaction with Stardust Metal
Orecap Exercises All Warrants in Awalé Resources, Increasing Stake to Over 10.6 Million Shares
Awalé to Exhibit at PDAC 2026 Core Shack and Participate in Ore Day VIP Investor Lunch
Awalé Discovers Second High-Grade Gold Zone 200 Metres from the Charger Trend
Orecap Highlights Discovery of Large, Never-Drilled Ultramafic Target at the McGarry Property