Awalé Reports Gold Recoveries of up to 98% at Odienné on Simple, Conventional Metallurgy

Original announcement by orestocks on

Company
Awalé Resources Limited
Ticker
ARIC.V
Exchange
Unavailable
Region
Côte d'Ivoire
Primary commodity
Gold
Secondary commodities
Copper, Silver
Document categories
Metallurgy
Extracted
2026-09-15 11:26:59 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Awalé Resources reported high gold recoveries of 91% to 98% at its Odienné Gold-Copper Project using conventional gravity and cyanidation. The results exceeded the metallurgical assumptions used in the May 2026 Mineral Resource Estimate and provide key technical inputs for the project's upcoming Preliminary Economic Assessment (PEA).

Reasoning: The metallurgical testwork returned high recoveries on a simple flowsheet, significantly exceeding the conservative assumptions used in the previous Mineral Resource Estimate, which de-risks the upcoming PEA.

Positive factors

  • High gold recoveries (91-98%) exceeding MRE assumptions
  • Simple, conventional metallurgy (gravity and cyanidation)
  • Non-refractory, free-milling gold
  • No deleterious elements or preg-robbing identified
  • Strong gravity recoverable gold (up to 70.2%)
  • Results complete a principal technical input for the PEA

Negative factors

  • Copper concentrate grade (16.18% Cu) is low by industry standards and may attract higher treatment charges
  • Gold in copper concentrate is worth less than doré

Facts used in scoring: 8

Classification and evidence

Free Millingpositive

Simple, clean ore amenable to standard processing without oxidation.

Why it applies: Gold is described as coarse, free, and non-refractory with no preg-robbing issues.

Evidence · text

“Gold is coarse, free, and non-refractory, with no preg-robbing or deleterious-element issues identified.”

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Gold recoveries of 91% to 98% are at or above the exceptional band for cyanidation.

Evidence · text

“Gold recoveries of 91% to 98%”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: The preferred flowsheet involves gravity, flotation, and cyanidation circuits.

Evidence · text

“A conventional gravity and cyanidation circuit works at all three deposits.”

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: the document describes a gravity route ("gravity")

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: 4 distinct composites were tested

Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

Metallurgical Results (8)

bottle rollOdienné Gold-Copper Project · goldRecovery: 91 %Head Grade: 0.9Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Odienné Gold-Copper Project
Commodity
gold
Region
côte d'ivoire
Reported Region
Côte d'Ivoire
Ticker
ARIC.V

Test Work

Program Status
detailed
Test Type
bottle roll
Sample
BBM deposit composite (whole ore cyanidation)
Grind P80
85 µm
Leach Time
48 hours

Recovery

Recovery
91 %
Recovery Basis
actual_test
Head Grade
0.9
Head Grade Unit
g/t

Lab

Laboratory
Alfred H. Knight Mineral Processing UK Ltd
Consultant
Bara Consulting Limited

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: Strong recovery on lower-than-average resource grade material.

Positive factors

  • Exceeds MRE assumption of 86.0%

Evidence · text

“Gold recovery was 91.0% at BBM (versus 86.0% assumed in the MRE)”
gravity recovery with copper pre-float and cyanidationOdienné Gold-Copper Project · goldRecovery: 93.7 %Head Grade: 0.9Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Odienné Gold-Copper Project
Commodity
gold
Region
côte d'ivoire
Reported Region
Côte d'Ivoire
Ticker
ARIC.V

Test Work

Program Status
detailed
Test Type
gravity recovery with copper pre-float and cyanidation
Sample
BBM deposit composite (preferred flowsheet)

Recovery

Recovery
93.7 %
Recovery Basis
actual_test
Head Grade
0.9
Head Grade Unit
g/t

Lab

Laboratory
Alfred H. Knight Mineral Processing UK Ltd
Consultant
Bara Consulting Limited

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: Improved recovery through addition of gravity and flotation circuits.

Positive factors

  • Lifts gold recovery from 91.0% to 93.7%

Evidence · text

“Adding a gravity circuit and copper flotation lifts BBM gold recovery to 93.7%”

Tags used in scoring

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: processing_route matches the gravity signal

gravity recovery with copper pre-float and cyanidationOdienné Gold-Copper Project · copperRecovery: 92.3 %Head Grade: 0.425Head Grade Unit: %View all details
Link to this fact

Identity

Project
Odienné Gold-Copper Project
Commodity
copper
Region
côte d'ivoire
Reported Region
Côte d'Ivoire
Ticker
ARIC.V

Test Work

Program Status
detailed
Test Type
gravity recovery with copper pre-float and cyanidation
Sample
BBM deposit composite (preferred flowsheet)

Recovery

Recovery
92.3 %
Recovery Basis
actual_test
Head Grade
0.425
Head Grade Unit
%

Lab

Laboratory
Alfred H. Knight Mineral Processing UK Ltd
Consultant
Bara Consulting Limited

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: Strong recovery but concentrate grade may attract higher treatment charges.

Positive factors

  • High copper recovery of 92.3%

Negative factors

  • Concentrate grade (16.18% Cu) is low by industry standards

Evidence · text

“capturing 92.3% of the copper into a potentially saleable concentrate”

Tags used in scoring

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: processing_route matches the gravity signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 92.3% is at or above the exceptional band (92%)

bottle rollOdienné Gold-Copper Project · goldRecovery: 97 %Head Grade: 8.91Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Odienné Gold-Copper Project
Commodity
gold
Region
côte d'ivoire
Reported Region
Côte d'Ivoire
Ticker
ARIC.V

Test Work

Program Status
detailed
Test Type
bottle roll
Sample
Charger deposit composite (whole ore cyanidation)
Grind P80
85 µm
Leach Time
48 hours

Recovery

Recovery
97 %
Recovery Basis
actual_test
Head Grade
8.91
Head Grade Unit
g/t

Lab

Laboratory
Alfred H. Knight Mineral Processing UK Ltd
Consultant
Bara Consulting Limited

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: Strongest straightforward leach response with low reagent consumption.

Positive factors

  • Very high recovery (97.0%)
  • Exceeds MRE assumption of 91.4%

Evidence · text

“Charger returned the strongest straightforward leach response, at 97.0% gold extraction”

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 97% is at or above the exceptional band (95%)

bottle rollOdienné Gold-Copper Project · silverRecovery: 82.5 %Head Grade: 9.7Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Odienné Gold-Copper Project
Commodity
silver
Region
côte d'ivoire
Reported Region
Côte d'Ivoire
Ticker
ARIC.V

Test Work

Program Status
detailed
Test Type
bottle roll
Sample
Charger deposit composite (whole ore cyanidation)
Grind P80
85 µm
Leach Time
48 hours

Recovery

Recovery
82.5 %
Recovery Basis
actual_test
Head Grade
9.7
Head Grade Unit
g/t

Lab

Laboratory
Alfred H. Knight Mineral Processing UK Ltd
Consultant
Bara Consulting Limited

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: Good byproduct recovery.

Positive factors

  • Solid silver recovery of 82.5%

Evidence · text

“82.5% silver extraction by whole-ore cyanidation”
bottle rollOdienné Gold-Copper Project · goldRecovery: 97.8 %Head Grade: 1.63Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Odienné Gold-Copper Project
Commodity
gold
Region
côte d'ivoire
Reported Region
Côte d'Ivoire
Ticker
ARIC.V

Test Work

Program Status
detailed
Test Type
bottle roll
Sample
Empire deposit composite (whole ore cyanidation)
Grind P80
85 µm
Leach Time
48 hours

Recovery

Recovery
97.8 %
Recovery Basis
actual_test
Head Grade
1.63
Head Grade Unit
g/t

Lab

Laboratory
Alfred H. Knight Mineral Processing UK Ltd
Consultant
Bara Consulting Limited

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: Excellent recovery on soft material.

Positive factors

  • Highest gold extraction (97.8%)
  • Exceeds MRE assumption of 94.1%

Evidence · text

“Empire returned the highest gold extraction of the three deposits at 97.8% by whole-ore cyanidation”

Tags used in scoring

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 97.8% is at or above the exceptional band (95%)

bulk sulphide flotation with cyanidation of concentrate and tailingsOdienné Gold-Copper Project · goldRecovery: 98.2 %Head Grade: 1.63Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Odienné Gold-Copper Project
Commodity
gold
Region
côte d'ivoire
Reported Region
Côte d'Ivoire
Ticker
ARIC.V

Test Work

Program Status
detailed
Test Type
bulk sulphide flotation with cyanidation of concentrate and tailings
Processing Route
flotation
Sample
Empire deposit composite (preferred flowsheet)

Recovery

Recovery
98.2 %
Recovery Basis
actual_test
Head Grade
1.63
Head Grade Unit
g/t

Lab

Laboratory
Alfred H. Knight Mineral Processing UK Ltd
Consultant
Bara Consulting Limited

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: Optimized flowsheet provides exceptional recovery.

Positive factors

  • Highest overall recovery (98.2%)

Evidence · text

“rising to 98.2% with bulk sulphide flotation and cyanidation of concentrate and tailings”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 98.2% is at or above the exceptional band (95%)

gravity recovery with copper pre-float and cyanidation of the copper flotation tailingsOdienné Gold-Copper Project · goldRecovery: 96.3 %Head Grade: 2.06Head Grade Unit: g/tView all details
Link to this fact

Identity

Project
Odienné Gold-Copper Project
Commodity
gold
Region
côte d'ivoire
Reported Region
Côte d'Ivoire
Ticker
ARIC.V

Test Work

Program Status
detailed
Test Type
gravity recovery with copper pre-float and cyanidation of the copper flotation tailings
Processing Route
flotation
Sample
Project composite (preferred flowsheet)

Recovery

Recovery
96.3 %
Recovery Basis
actual_test
Head Grade
2.06
Head Grade Unit
g/t

Lab

Laboratory
Alfred H. Knight Mineral Processing UK Ltd
Consultant
Bara Consulting Limited

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-15T00:00:00.000Z

Reasoning: Strong blended performance across the project.

Positive factors

  • High blended recovery of 96.3%

Evidence · text

“The Project composite returned... 96.3% [Au extraction]”

Tags used in scoring

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: processing_route matches the flotation signal

Gravity Routeneutral

Gravity separation forms a material part of the flowsheet.

Why it applies: processing_route matches the gravity signal

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: 96.3% is at or above the exceptional band (95%)

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.