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Gold & silver

Oriole Resources showcases further high-grade gold results from CLP project in Cameroon

Orole Resources PLC has collected an additional 27 selective samples from outcropping rocks on its CLP project in Cameroon.

Ten of the new samples graded over one gram per tonne (g/t) gold, with best results of 64.3 g/t and 16.2 g/t.

The samples were collected from a mixture of shear veins, extensional veins and the host altered QFP, all of which have returned anomalous gold, further confirming that the mineralisation is not restricted to just the quartz veining.

The results follow on from extensive sampling work that was completed in January.

A ground-based geophysics programme is currently underway at the Mbe anomaly to test the vein structures at depth and to help develop the geological model.

" We are excited to share this latest data from our current programme, with a focus on the Mbe gold anomaly,” said Oriole’s chief executive Tim Livesey.

"In addition to the very high gold grades seen in the quartz veins, the presence of highly significant mineralisation within the host rocks is an excellent indicator of the potential of this anomaly to host a gold resource of scale.

"The abundant evidence of mineralisation yet again confirms and supports our belief in the geology of the area. With excellent infrastructure close by, including main road access and the national power grid, we believe the Eastern CLP will deliver on our early indications of a new gold district in Cameroon."

In January 2023, the company reported initial rock-chip sampling results of up to 134.1 g/t from a three kilometre-long corridor of sheared and strongly altered quartz-feldspar porphyry and quartz veins at Mbe, one of five licences within the Eastern CLP block.

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