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Awalé Resources (TSX-V: ARIC), a gold exploration company targeting large, high-grade deposits in Cote d’Ivoire, has secured $19.0M in new capital. The funding arrives as the company continues its work in West Africa, a region now widely accepted as one of the world’s great gold provinces.
Cote d’Ivoire, specifically, presents a compelling opportunity for new discoveries. It contains 33% of the prospective Birimian greenstone belts in West Africa but accounts for less than 10% of the total gold resources, making it an underexplored jurisdiction ripe for significant finds.
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