The AIM-listed firm said the results from a sampling of 454 rock chips from predominantly quartz and quartz-tourmaline veins had returned 16 samples containing over 10 grams per tonne (g/t) of Gold (Au), with 43 samples assayed containing over 1 g/t Au.
The best results included samples containing 135.4 g/t Au, 119.7 g/t Au, 117.2 g/t Au, and 107.2 g/t Au.
Oriole added that north-east trending high-grade mineralisation at Zone 1 of the project had been confirmed over a 4-kilometre strike, as well as a confirmation of Zone 2 to the East with assays of up to 35.9 g/t Au.
Current Phase 1 trenching would also be increased by four trenches to cover a total of 2,000 metres.
Tim Livesey, chief executive of Oriole, said the project had delivered “high-grade results from what is an initial phase of ground-truthing”, adding that the extended trenching programme would “tighten up” targeting for a drilling programme planned in 2019.
Oriole has an option to earn up to a 90% interest in the Bibemi project, which is located in the highly prospective neoproterozoic Pan-African greenstone belts in north-eastern Cameroon.
Shares were up 23.8% at 0.41p.
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