Oriole Resources PLC (AIM:ORR) has reported more encouraging gold results from the Mbe project, in Cameroon, with 43 additional intersections.
The latest results are from holes MBDD010 and MBDD011, taking the total number of gold intersections in the Phase 1 drill programme to 179. Highlights from the new data include 3.00 metres at 2.88 grams per tonne (g/t) gold and 4.30 metres at 1.63 g/t gold.
These holes were drilled on an infill fence line and confirm mineralisation continuity along a 200-metre strike length. Mineralisation has been confirmed to a vertical depth of at least 290 metres and remains open in all directions.
The Phase 1 programme is nearly 70% complete with 4,527.20 metres drilled across 15 holes. A sixteenth hole is in progress. Results from holes MBDD012 and MBDD013 are expected in late Q2 or early Q3 2025.
"We are pleased to report further encouraging mineralised intersection results from Mbe,” said chief executive Martin Rosser.
“They continue to show along-strike continuity of mineralisation, which remains open in all directions and at depth, and which has been confirmed to at least 290m from surface.
“The eagerly anticipated Mbe JORC Exploration Target estimate is currently on schedule for reporting in Q3 2025."