Oriole Resources PLC (AIM:ORR) has reported strong final results from its maiden drilling programme at the Mbe gold project in Cameroon.
The latest results confirm that the mineralised zone extends over a strike length of approximately 500 metres, with a vertical depth of at least 290 metres and remains open in all directions.
It's expected that the data will support an upcoming resource estimation, which will confirm and underpin the project's potential.
"The maiden JORC MRE is due in Q4-2025 and is expected to achieve a high level of conversion over the Exploration Target at MB01-S, and an expansion of that estimate is also anticipated based on these new results," chief executive Martin Rosser said in a statement.
He added: "We are pleased that the final MB01-S maiden drilling programme results support further extensions to the exploration target we published in July, approximately 60% of that estimate relating to MB01-S."
Drill-in detail
The last four holes of the 6,828.40-metre Phase 1 programme returned 59 further gold intersections from the MB01-S target.
Drillhole MBDD024 intersected 29.80 metres at 0.79g/t gold from 116.90 metres, including 13.70 metres at 1.36g/t gold.