# Awalé Files NI 43-101 Technical Report for the Odienné Project Mineral Resource Estimate

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/awale-files-ni-43-101-technical-report-for-the-odienne-project-mineral-resource--5ab17658-b9b6-481a-a8b4-d9dd9ee49d77

Original source: https://finance.yahoo.com/markets/commodities/articles/awal-files-ni-43-101-210000336.html

Publisher: yahoo\_press

Original announcement: 2026-07-03T21:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Awalé

- Ticker: ARIC

- Exchange: TSXV

- Region: Unavailable

- Primary commodity: Gold

- Secondary commodities: Copper

- Document categories: Resource update

- Extracted: 2026-08-20 21:00:58 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Awalé has filed a NI 43-101 Technical Report for the Odienné Project, defining an Inferred Mineral Resource of 32.4 Mt at 1.64 g/t AuEq \(1.7 Moz AuEq\). The resource includes significant gold and copper components across the BBM and Charger deposits.

Reasoning: The announcement establishes a foundation resource of 1.7 Moz AuEq, though it is entirely in the Inferred category, which limits economic confidence.

- Positive factor: Significant contained metal \(1.7 Moz AuEq\)

- Positive factor: Maiden resource establishment

- Positive factor: High-grade underground component \(Charger\)

- Negative factor: 100% Inferred resource \(based on text\)

- Negative factor: High geological risk

Facts used in scoring: 4

## Classification and evidence

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The entire resource is described as inferred.

Evidence · text

> 1,707,000 ounces AuEq. inferred

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.

Why it applies: Described as a foundation resource for the company.

Evidence · text

> Foundation resource for the Company

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Resource Estimates (4)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/awale-files-ni-43-101-technical-report-for-the-odienne-project-mineral-resource--5ab17658-b9b6-481a-a8b4-d9dd9ee49d77#fact-resource-facts-0)

gold

#### Identity

- Commodity: gold
- Ticker: ARIC

#### Resource Data

- Category: inferred
- Tonnes: 32400000
- Grade: 1.64
- Grade Unit: g/t AuEq
- Contained Metal: 1707000
- Contained Unit: oz AuEq

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-03T00:00:00.000Z

Reasoning: Large scale inferred resource provides a foundation for the project.

- Positive factor: Large scale

- Negative factor: Inferred category

Evidence · text

> 32.4 Mt grading 1.64 g/t gold equivalent \("AuEq."\) for 1,707,000 ounces AuEq. inferred

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/awale-files-ni-43-101-technical-report-for-the-odienne-project-mineral-resource--5ab17658-b9b6-481a-a8b4-d9dd9ee49d77#fact-resource-facts-1)

copper

#### Identity

- Commodity: copper
- Ticker: ARIC

#### Resource Data

- Category: inferred
- Tonnes: 32400000
- Contained Metal: 93000
- Contained Unit: t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-03T00:00:00.000Z

Reasoning: Copper is reported as a significant contained metal component of the total resource.

- Positive factor: Significant copper byproduct

Evidence · text

> 93,000 tonnes copper

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/awale-files-ni-43-101-technical-report-for-the-odienne-project-mineral-resource--5ab17658-b9b6-481a-a8b4-d9dd9ee49d77#fact-resource-facts-2)

gold

#### Identity

- Commodity: gold
- Ticker: ARIC

#### Resource Data

- Category: inferred
- Tonnes: 27800000
- Grade: 1.52
- Grade Unit: g/t AuEq
- Contained Metal: 1360000
- Contained Unit: oz AuEq

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-03T00:00:00.000Z

Reasoning: BBM forms the cornerstone of the project with significant AuEq tonnage.

- Positive factor: Cornerstone deposit

Evidence · text

> BBM forms the cornerstone deposit with combined open pit and underground resources of 27.8 Mt at 1.52 g/t AuEq. for 1.36 Moz AuEq.

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/awale-files-ni-43-101-technical-report-for-the-odienne-project-mineral-resource--5ab17658-b9b6-481a-a8b4-d9dd9ee49d77#fact-resource-facts-3)

gold

#### Identity

- Commodity: gold
- Ticker: ARIC

#### Resource Data

- Category: inferred
- Tonnes: 1600000
- Grade: 4.64
- Grade Unit: g/t AuEq
- Contained Metal: 232000
- Contained Unit: koz AuEq

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-07-03T00:00:00.000Z

Reasoning: Charger defines a high-grade underground resource component.

- Positive factor: High grade

Evidence · text

> Charger defines a high-grade underground resource of 1.6 Mt at 4.64 g/t AuEq. for 232 koz AuEq.

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.