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Oriole Resources reveals positive initial 2020 results at Bibemi gold project

"This has been a fantastic start to our field season in Cameroon," said Tim Livesey, Oriole chief executive

Oriole Resources PLC - Oriole Resources reveals positive initial 2020 results at Bibemi gold project

Oriole Resources PLC (LON:ORR) has revealed positive initial results from its 2020 exploration campaign at the Bibemi gold project in Cameroon.

Mapping work, at the 90% owned project, has shown a continuation of mineralisation at the main Bakassi area adding 1.3 kilometres to the known strike which now exceeds 5 kilometres. Preparations are underway for a drill programme of 1,500 metres.

"The results of our initial mapping, trenching and sampling programmes in 2018/19 confirmed extensive gold anomalism but it was clear that gaining a better understanding of the structural setting would be essential in order for us to identify the most prospective areas of mineralisation where there is potential to define a resource,” Tim Livesey, Oriole chief executive said in a statement.

"We are delighted to see such positive results at the beginning of the 2020 field season," he added.

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Livesey noted that the findings, which also include rock-chip sampling results showing consistent gold values, highlight the prospectivity of the Bakassi area and continue to confirm the company’s geological model.

He added: "This has been a fantastic start to our field season in Cameroon. It's rare to have your geological models advanced and supported so strongly, with every analysis coming back positive for gold.

“This is a great credit to our geological team who have developed and tested this hypothesis, yet again highlighting the value of having 'boots on the ground'. We look forward to following-up with further fieldwork and a targeted diamond drill programme during 2020."

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