Awalé Resources Limited

Awalé Resources is a diligent and systematic mineral exploration company focused on discovering large-scale gold and gold-copper deposits in Côte d’Ivoire. The Company’s flagship Odienné Project now hosts an initial inferred Mineral Resource Estimate of 1.71 million ounces gold equivalent across the BBM, Charger, and Empire deposits (32.4 Mt at 1.33 g/t Au and 0.33% Cu), providing a strong foundation for ongoing growth and future economic studies. The Odienné Project covers 2,346 square kilometres across seven permits, including 797 kilometres held under the Awalé-Newmont Joint Venture. Awalé manages exploration activities across the joint venture area, with funding currently provided by Newmont Ventures Limited under the Exploration Agreement signed in May 2022.

In addition to the current resource base defined on the joint venture ground, Awalé controls a substantial 100%-owned land position across the broader Odienné district, where multiple untested and early-stage targets provide additional potential discovery upside. Across the Project, Awalé has identified multiple gold and copper-gold systems and continues to build a pipeline of targets with potential to support further discoveries and resource growth. With a skilled and experienced technical team, Awalé is advancing exploration in an underexplored and pro-mining jurisdiction with clear potential for district-scale discoveries.

Management Profile

Andrew Chubb, CEO

Mr. Chubb is an Economic Geologist with more than 20 years of exploration and mining experience. He has well-developed technical and operational skills from 20 years in technical, operational, consulting, and advisory roles in the mining and exploration industry across multiple continents including Australia, Africa, and Europe. He has led large teams from exploration through to feasibility including the Mantra Resources Mkuju Project in Tanzania prior to takeover by ARMZ/Uranium One for AUD1.02B. Andrew has a BSc with honours from the University of New England in Australia, is a Member of the Australian Institute of Geoscientists and the Society of Economic Geologists.

What are your key goals for the next 3, 6 and 12 months?

3 Months:

• Advance ongoing infill and expansion drilling at the BBM, Charger, Empire, and Fremen targets, with focus on resource growth and conversion.
• Continue advancing the PEA for the Odienné Project, targeted for Q3 2026.
• Continue systematic exploration and target generation across Awalé’s 100%-owned land package, including follow-up drilling at Fremen and other greenfield targets.

6 Months:

• Deliver the PEA for the Odienné Project.
• Continue resource growth drilling at BBM and Charger, including underground expansion drilling. • Advance multiple discovery and expansion targets across the broader Odienné district.

12 Months:

• Continue expanding the Odienné Mineral Resource Estimate through ongoing drilling.
• Advance the Odienné Project toward a PFS targeted for Q4 2027.
• Continue aggressive district-scale exploration programs aimed at making additional discoveries across the 100%-owned and JV permits.

What do you think makes your company such a compelling investment?

• Initial 1.71 Moz AuEq. inferred Mineral Resource Estimate: Odienné hosts 32.4 Mt at 1.64 g/t AuEq., combining open-pit and underground development potential.
• Strong growth potential: Mineralization remains open at BBM, Charger, Empire, and Fremen, with ongoing drilling targeting resource growth and additional discoveries.
• Large, underexplored district-scale land package: Awalé controls 2,346 square kilometres in Côte d’Ivoire, including a substantial 100%-owned land position with multiple untested targets.
• Strong strategic backing and treasury: Supported by strategic shareholders including Fortuna Mining and Newmont.
• Proven technical team: Experienced team with a strong track record of exploration success and discovery in West Africa.