Oriole Resources PLC (LON:ORR), the exploration company-focused on West Africa, said it plans to commence its maiden drilling programme later this year on its Bibemi gold project in Cameroon, subject to the easing of coronavirus (COVID-19) related travel restrictions.
The AIM-listed firm noted that results from its exploration programme in the fourth quarter of 2019 have enabled the company to expand its planned 2020 drilling campaign at the Bakassi Zone to almost 2,000 metres (m).
The Bibemi gold project is held by Bureau d'Etudes et d'Investigations Géologico-minières, Géotechniques et Géophysiques SARL (BEIG3), through its wholly-owned subsidiaries Reservoir Minerals (BVI) Cameroon and Reservoir Minerals Cameroon Sarl (RMC).
The company said it now planned a diamond drilling programme expanded to 1,940m(17 holes) at Bakassi Zone.
It added that three new holes will be designed to intersect, at depth, mineralised stacked veins were identified during the fourth quarter 2019 programme that returned up to 35.86 grammes per tonnes (g/t) of gold at surface.
The group said one hole is planned to test the historic RMC trench which reported a best intersection of 38.00 metres grading 2.21 g/t of gold.
Further detailed mapping of the northern Bakassi Zone is intended before drilling, with the aim of expanding the planned drill programme to a full 3,000m, it added, with a maiden drill programme anticipated in late 2020
Oriole CEO Tim Livesey commented in a statement: "Results to date have defined significant gold mineralisation over a strike of more than five kilometres at Bakassi and we already have a good understanding of the mineralising systems in two dimensions.
“With a c.2,000m drilling programme already in sight, we are looking forward to testing the system in the third dimension during H2 and recommencing our fieldwork in Cameroon as soon as the current global situation allows."