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Oriole Resources hails "very encouraging" Cameroon gold results

While the trench work at Bibemi is still at a very early stage, it appears to confirm several suppositions about the area
man by a trench
Among the more eye-catching returns was six metres at just over three grams per tonne of the yellow metal with individual veins measuring up to 13.7 grams per tonne

Oriole Resources PLC (LON:ORR) said a trench programme at one of its Cameroon gold assets had returned what it described as “very encouraging” results.

At the Bibemi project, geologists found orogenic-style gold mineralisation, which is formed when the earth’s crust folds.

READ: Oriole Resources offers considerable upside in West African gold exploration

Among the more eye-catching returns was six metres at just over three grams per tonne of the yellow metal with individual veins measuring up to 13.7 grams per tonne.

Though the higher-grading intercepts appeared at first glance to be rather sporadic, they do follow the previously-mapped trends and confirm the early model of shear-related vein mineralisation, said Oriole chief executive Tim Livesey.

“When one considers the scale of the area and the average 200m-spacing between trenches, the results to date suggest the presence of multiple mineralised ore shoots within what is a major 600m-wide structural corridor,” he added.

Infill work at Bibemi over 4,360 metres is expected to begin in the second quarter.

The trench programme followed on from rock-chip sampling, which found high-grade gold along with a four-kilometre strike.

Some 20 kilometres away at the Wapouzé deposit, Oriole’s team took 2,119 soil samples and 146 rocks to complete this earlier-stage assessment of the asset.

The work being carried out by Oriole in Cameroon is part of an earn-in programme, which will give the company a 90% share of both Bibemi and Wapouzé.

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