Mr. Andrew Chubb reports

AWALE LAUNCHES 15,000-METRE DRILL PROGRAM TARGETING NEW DISCOVERIES ON 100%-OWNED PERMITS

Awale Resources Ltd. has provided further details on its fully financed $8-million exploration program through to December, 2026, across its 100-per-cent-owned permits at the Odienne project in Ivory Coast.

Highlights:

• 15,000 metres of discovery drilling under way on 100-per-cent-owned permits;
• $8-million exploration budget allocated for 2026 on 100-per-cent-owned permits, supported by approximately $15-million in treasury;
• Eight drill rigs are currently at Odienne, with one rig exclusive to 100-per-cent-owned permits;
• Detailed aerial magnetic and radiometric surveys completed to support exploration targeting;
• Four termite sampling teams active across the Sama and Seydou permits;
• The discoveries made to date are part of a regional-scale mineralized system that has not been fully explored;
• Dedicated Awale exploration team focused on 100-per-cent-owned permits.

"Odienne is rapidly advancing toward our first mineral resource estimate through the ongoing 88,000-metre drill program within the joint venture. In parallel, we have also established a dedicated exploration team for our 100-per-cent-owned ground that is actively building a robust discovery pipeline that we believe has the potential to contribute to a district-scale camp. The discoveries made to date are part of a regional-scale mineralized system that has not yet been fully explored. The Awale team has built a strong track record of discovery through an innovative and disciplined approach to exploration, and we are now applying and expanding that same approach across our 100-per-cent-owned properties," commented Andrew Chubb, chief executive officer of Awale Resources.

$8-million budget for 2026 on 100-per-cent-owned permits

Work programs include:

• Drilling: 15,000 metres of drilling are planned to test target geology generated from geophysics, geochemistry and surface interpretation;
• Fremen target: 4,000-metre drill program has commenced and will continue over the more advanced Fremen target within the Sienso permit;
• Scout drilling at Sama and Seydou scheduled for early 2026;
• Aerial geophysics: detailed aerial magnetic and radiometric surveys at 100-metre line spacing have been completed to support litho-structural interpretation and target generation;
• Geochemistry: termite mound, soil and stream sediment sampling are under way to locate and identify the footprints of mineralization at surface; over 1,500 samples have been collected to date.

About Awale's 100-per-cent-owned permits

Awale holds three granted permits (Sienso, Sama and Seydou) and has two additional permits under application, collectively covering approximately 1,550 square kilometres of highly prospective greenfield exploration ground located along trend from the BBM, Charger and Empire discoveries.

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 kilometres in two permits held under the Awale-Newmont joint venture. Awale currently manages all exploration activities over the Odienne joint venture, with financing 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 Odienne joint venture 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, 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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