Best results from reverse circulation drilling include 16-metre grading 1.08 grammes per tonne of gold from 12 metres and 5 metres grading 8.97 grammes per tonne of gold from 110 metres including 1 metre grading 43 grammes per tonne of gold.
A total of 1,106 diamond core and reverse circulation samples for Assaleyta and 2,159 rock, diamond core and reverse circulation samples from Hesdaba are currently pending ministerial clearance in Djibouti, with final gold assay results for the programmes anticipated in the second half of 2021.
Oriole has a 10.61% interest in Thani Stratex Djibouti Limited, where African Minerals Exploration & Development Fund III is managing and funding a multi-million dollar exploration programme across a portfolio of low-sulphidation epithermal gold projects in the East African Rift Valley.
"It's great to see yet more encouraging results from this project, with targeted second phase drilling building on the results of the earlier exploration phases,” Tim Livesey, chief executive of the AIM-listed group, said in a release.
“As work progresses in Djibouti, we are happy to see this continued success as we expect this will ultimately be reflected in an increased value in our equity position in the projects.”