Awalé hits 98% gold recovery at Odienné

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

Highlights:

Higher demonstrated recoveries and simple metallurgy flow directly into future economic studies, including the Preliminary Economic Assessment, and into the gold-equivalent reporting grades used in future drill hole reporting.

Gold recoveries of 91% to 98%, with every deposit exceeding the recovery assumed in the May 2026 Mineral Resource Estimate. Gold recovery was 91.0% at BBM (versus 86.0% assumed in the MRE), 97.0% at Charger (versus 91.4%), and 97.8% at Empire (versus 94.1%).

Metallurgy is simple. A conventional gravity and cyanidation circuit works at all three deposits. Gold is coarse, free, and non-refractory, with no preg-robbing or deleterious-element issues identified.

BBM improves further with copper. Adding a gravity circuit and copper flotation lifts BBM gold recovery to 93.7%, while capturing 92.3% of the copper into a potentially saleable concentrate.

Robust gravity recoverable gold values at all three deposits. Laboratory testing returned overall three stage gravity recoverable gold of 45.0% at BBM, 53.4% at Charger, and 70.2% at Empire, to a concentrate mass of less than 0.85%. This supports the inclusion of a gravity circuit in the flowsheet and the potential for significant gold recovery ahead of leaching.

A core building block of the PEA is complete. These deposit-by-deposit results will underpin flowsheet selection, recovery assumptions, and processing cost estimates in the PEA.

Toronto, Ontario--(Newsfile Corp. - September 15, 2026) - Awalé Resources Limited (TSXV: ARIC) (OTCQX: AWLRF) (FSE: 2F60) ("Awalé" or the "Company") is pleased to report the results of detailed metallurgical testwork undertaken on its Odienné Gold-Copper Project (" Odienné " or the " Project ") in Côte d'Ivoire. Testwork was carried out separately on the BBM, Charger, and Empire deposits, and on a blended Project composite, returning gold extractions of 91