Mr. Andrew Chubb reports

AWALÉ COMMENCES 88,000-METRE DRILL PROGRAM FOCUSED ON RESOURCE DEFINITION AND DISCOVERY

Awale Resources Ltd. has provided further details on its 88,000-metre diamond drill program now underway at the Odienne project in Ivory Coast. This extensive program, part of Awale's systematic district-scale exploration strategy, is designed to advance the BBM, Charger and Empire targets toward an initial resource, while continuing greenfield exploration across priority targets in the Odienne East and Odienne West permits.

Highlights

• 88,000 metres of diamond drilling under way at Odienne with four rigs currently operating and two additional rigs arriving in December;
• Focus is on advancing BBM, Charger and Empire toward resource estimates, while accelerating greenfield discovery;
• Multiple new greenfield targets identified, with infill geochemistry program under way ahead of discovery drilling;
• Details on up to 15,000 metres of additional drilling will be provided in a subsequent update;
• Strike-extension drilling under way at Charger; first results expected before year-end.

"We are very proud to begin this next, transformative phase at Odienne," commented Andrew Chubb, chief executive officer of Awale Resources. "This 88,000-metre joint venture campaign is our largest to date and marks the culmination of three years of systematic groundwork and continual success at the drill bit.

"With four rigs turning and two more arriving in December, we are rapidly expanding our understanding of this emerging gold and copper district. Our objective is very clear: advance BBM, Charger and Empire toward resource definition and a preliminary economic assessment, while continuing to make new discoveries that support a Tier 1 scale district."

Objective for the targets

• Charger: Strike-extension drilling targeting a second demagnetized zone to the southwest of the current drill area. Initial infill drilling aims to bring Charger to an inferred resource down to 400 metres vertical metres, with step-down drilling planned to test continuity at depth.
• BBM: Infill and step-down drilling to support an initial resource estimate and expand known mineralization at depth.
• Empire: Initial resource drilling to bring Empire to an inferred resource before further expansion and resource development drilling both down plunge and along strike. Rigs will be shifted to Empire after completion of resource development drilling at BBM.
• Greenfield and Discovery expansion targets: An initial 9,000 metres of drilling assigned to high-priority targets: A total of 13 new geochemistry and geophysical targets have been identified which will be layered with geophysics including the recent airborne gravity gradient (AGG) survey to develop high-priority greenfield targets. Termite-mound and soil geochemistry programs will increase target resolution from 400 by 50 m to 200 by 50 m sample spacing. Deeper step-down and along-strike drilling will continue at BBM, Charger and Empire with the aim of expanding resource inventory postdelivery of a PEA in Q3 2026.

Program scope and objectives

The 88,000-metre program is the most significant phase of drilling undertaken across the Awale-Newmont joint venture (OJV) permits to date, covering multiple mineralized corridors within the Odienne district (see Table 1 for planned program details -- type of drilling, planned metres and timing). With up to six rigs operating by December, Awale expects initial results from Charger by year end, followed by a steady flow of results throughout the 2026 field season, which runs through to August, 2026.

Q4 2025 -- resource definition drilling

Q4 drilling is primarily focused on resource development for the initial mineral resource estimate (MRE).

Q1 2026 -- discovery drilling

In Q1 2026, the program shifts to greenfield and discovery expansion drilling. Recently completed AGG data are now being integrated with extensive new termite-mound geochemistry to refine and prioritize greenfield discovery targets.

About Awale Resources Ltd.

Awale is a diligent and systematic mineral exploration company focused on discovering large high-grade gold and copper-gold deposits. Exploration activities are currently under way in the underexplored regions of Ivory Coast, where the company is exploring the Odienne copper-gold project, covering 2,346 square kilometres across seven permits -- five granted and two applications. This includes 797 square km in two permits held under the Awale-Newmont joint venture (OJV). Awale currently manages all exploration activities over the OJV, with funding currently provided by Newmont Ventures Ltd. under an exploration agreement signed in May, 2022.

Awale has discovered four gold, gold-copper and gold-copper-silver-molybdenum mineralized systems within the OJV, and has recently commenced exploration on its 100-per-cent-owned properties.

The Odienne project is underexplored and has multiple pipeline prospects with similar geochemical signatures to iron-oxide-copper-gold (IOCG) and intrusive-related mineral systems with substantial upside potential. The company benefits from a skilled and well-seasoned technical team that allows it to continue exploring in a pro-mining jurisdiction that offers significant potential for district-scale discoveries.

Qualified person

The technical and scientific information contained in this news release has been reviewed and approved for release by Andrew Chubb, the company's qualified person as defined by National Instrument 43-101. Mr. Chubb is the company's chief executive officer and holds an economic geology degree, is a member of the Australian Institute of Geoscientists (AIG), and is a member of the Society of Economic Geoscientists (SEG). Mr. Chubb has over 25 years of experience in international mineral exploration and mining project evaluation.

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