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LSE:ORR

Oriole Resources PLC

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Market:
LSE
Market Cap:
£3.33 m
Price
0.37 GBX
Change
0.00%
52 weeks high
0.65
52 weeks low
0.04

Oriole Resources is an AIM-quoted exploration company, focused on creating shareholder value through the development of quality exploration assets.

PRINCIPAL ACTIVITIES

The principal activity of the Group is the exploration and development of gold and base metals in Africa and Europe.

STRATEGY AND VISION

The Company’s strategic intent is to maximise shareholder value, through quality exploration in highly gold-endowed terranes throughout Africa (e.g. Birmian and Archean) and Europe (Tethyan).  This includes our new projects in Cameroon, where we are earning up to a 90% interest in the Bibemi and Wapouzé projects, and our 85%-owned Dalafin project in Senegal, where IAMGOLD has the option to spend US$8m to acquire 70%. We have interests and royalties in several projects in Turkey and Africa and are actively seeking further exploration opportunities, particularly in West Africa, to consolidate our existing geographic footprint.

PROJECTS

CAMEROON

Oriole Resources is earning-in to an initial 51% interest in these early-stage gold exploration projects, privately owned by local company BEIG3 SARL.

Bibemi and Wapouze

Central Cameroon

SENEGAL

Located in south-eastern Senegal, the 472.5 sq km Dalafin licence is positioned in the centre of the Birimian-age Kédougou-Kenieba gold belt that extends from eastern Senegal into western Mali.

Senala

UK, Turkey & Senegal.

BOARD

JOHN MCGLOIN
NON-EXECUTIVE CHAIRMAN

TIM LIVESEY
CHIEF EXECUTIVE OFFICER

BOB SMEETON
CHIEF FINANCIAL OFFICER

DAVID PELHAM
INDEPENDENT NON-EXECUTIVE DIRECTOR

MANAGEMENT

CLAIRE BAY
VP EXPLORATION & BUSINESS DEVELOPMENT

BAHRI YILDIZ
GENERAL MANAGER, TURKEY

REGISTERED OFFICE

Oriole Resources PLC
180 Piccadilly
London
W1J 9HF

Email[email protected]
Tel: +44 (0)207 830 9650
Fax: +44 (0)207 830 9651

Chief Executive Officer: Tim Livesey

Media contact: Camarco
Tel: +44 (0)20 3757 4980

REGIONAL OFFICES

UK EXPLORATION OFFICE

Oriole Resources PLC
Wessex House
Upper Market Street
Eastleigh
Hampshire
SO50 9FD

Tel: +44 (0) 238 065 1649

VP Exploration & Business Development: Claire Bay

TURKEY OFFICE

Oriole Exploration Limited
t/a Stratex Madencilik San. Tic. Ltd. Şti.
Çukurambar Mahallesi 1458. Sokak
Elit Aprt. No: 17/6
06510 Çankaya, Ankara/Turkey

Tel: +90 (0) 312 285 2046
Fax: +90 (0) 312 285 2048

General Manager: Bahri Yildiz

SENEGAL OFFICE

Oriole Exploration Limited
c/o Energy & Mining Corporation S.A.
Sacre Coeur 111 / VDN
No. 9231
Dakar BP.45.409, Senegal

Tel: +221 (0) 338 699 989

General Manager: Issouf Ouedraogo

UNITED KINGDOM

NOMINATED ADVISER

Grant Thornton UK LLP
30 Finsbury Square
London
EC2P 2YU

IR/PR ADVISER

Blytheweigh
4-5 Castle Court
London
EC3V 9DL

CO-BROKERS

WH Ireland
24 Martin Lane
London
EC4R 0DR

Hannam and Partners
2 Park Street
London
W1K 2HX

AUDITORS AND REPORTING ACCOUNTANTS

PKF Littlejohn
1 Westferry Circus
Canary Wharf
London
E14 4HD

SOLICITORS TO THE COMPANY

Edwin Coe
2 Stone Buildings
Lincolns Inn
London
WC2A 3TH

REGISTRARS

Share Registrars Limited
Suite E, First Floor
9 Lion and Lamb Yard
Farnham
Surrey
GU9 7LL

BANKERS

Lloyds
High Street
Slough
Berkshire
SL1 1DH

TURKEY

SOLICITORS TO THE COMPANY

Legisterra Consulting
Boğaz Sokak 7/8
GOP
Ankara

Click here for information on major shareholders.