Awalé Hits Multiple High-Grade Intervals Outside Current MRE at Charger 2, Including 18.0 g/t over 7 Metres

Original announcement by yahoo_press on

Company
Awalé
Ticker
ARIC
Exchange
TSXV
Region
Unavailable
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-09-21 12:23:25 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Awalé has reported high-grade gold drill results at the Charger 2 project that extend beyond the current mineral resource estimate. Notable intercepts include 18.0 g/t gold over 7 metres, supporting the potential for resource expansion along strike.

Reasoning: The announcement reports multiple high-grade gold intercepts that extend beyond the existing mineral resource envelope, suggesting significant resource growth potential.

Positive factors

  • High-grade gold intercepts
  • Step-out extension outside current MRE
  • Mineralization remains open along strike

Facts used in scoring: 5

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Intercepts are reported outside the current Charger MRE envelope.

Evidence · text

“outside the current Charger MRE envelope”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 18.0 g/t gold over 7m is exceptionally high grade for an orogenic/epithermal style context.

Evidence · text

“18.0 g/t gold over 7m”

Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

Drill Results (5)

CHDD-24Charger · goldGrade: 9.2Grade Unit: g/tIntercept: 18 mView all details
Link to this fact

Identity

Hole ID
CHDD-24
Project
Charger
Commodity
gold
Ticker
ARIC

Geometry

Grade
9.2
Grade Unit
g/t
Intercept
18 m
From
144 m
To
162 m
Intercept Depth
144 m

Classification

Program
exploration
Sample Type
drill
Group ID
CHDD-24:144-162
Mining Method
unknown

Location

Location
Charger 2
Loc. Confidence
medium
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: Strong grade and width reported outside the MRE.

Positive factors

  • High grade intercept

Evidence · text

“9.2 g/t gold over 18m from 144m downhole (CHDD-24)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CHDD-24Charger · goldGrade: 18Grade Unit: g/tIntercept: 7 mView all details
Link to this fact

Identity

Hole ID
CHDD-24
Project
Charger
Commodity
gold
Ticker
ARIC

Geometry

Grade
18
Grade Unit
g/t
Intercept
7 m
From
144 m
To
151 m
Intercept Depth
144 m

Classification

Program
exploration
Sample Type
drill
Group ID
CHDD-24:144-151
Mining Method
unknown

Location

Location
Charger 2
Loc. Confidence
medium
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: Exceptional high-grade intercept.

Positive factors

  • Bonanza grade

Evidence · text

“18.0 g/t gold over 7m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CHDD-23Charger · goldGrade: 4Grade Unit: g/tIntercept: 16 mView all details
Link to this fact

Identity

Hole ID
CHDD-23
Project
Charger
Commodity
gold
Ticker
ARIC

Geometry

Grade
4
Grade Unit
g/t
Intercept
16 m
From
153 m
To
169 m
Intercept Depth
153 m

Classification

Program
exploration
Sample Type
drill
Group ID
CHDD-23:153-169
Mining Method
unknown

Location

Location
Charger 2
Loc. Confidence
medium
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: Good intercept outside MRE.

Positive factors

  • Solid grade and width

Evidence · text

“4.0 g/t gold over 16m from 153m downhole (CHDD-23)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CHDD-25Charger · goldGrade: 13.9Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
CHDD-25
Project
Charger
Commodity
gold
Ticker
ARIC

Geometry

Grade
13.9
Grade Unit
g/t
Intercept
2 m
From
177 m
To
179 m
Intercept Depth
177 m

Classification

Program
exploration
Sample Type
drill
Group ID
CHDD-25:177-179
Mining Method
unknown

Location

Location
Charger 2
Loc. Confidence
medium
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: High grade intercept.

Positive factors

  • High grade

Evidence · text

“13.9 g/t gold over 2m from 177m downhole (CHDD-25)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

CHDD-21Charger · goldGrade: 9.4Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
CHDD-21
Project
Charger
Commodity
gold
Ticker
ARIC

Geometry

Grade
9.4
Grade Unit
g/t
Intercept
2 m
From
240 m
To
242 m
Intercept Depth
240 m

Classification

Program
exploration
Sample Type
drill
Group ID
CHDD-21:240-242
Mining Method
unknown

Location

Location
Charger 2
Loc. Confidence
medium
Loc. Source
document

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-06-03T00:00:00.000Z

Reasoning: High grade intercept.

Positive factors

  • High grade

Evidence · text

“9.4 g/t gold over 2m from 240m downhole (CHDD-21)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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.