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Gold & silver

Oriole Resources looks forward to results from Cameroon exploration

Batches from soil sampling at CLP and drilling at Bibemi are both with the lab

Oriole Resources said it sent two batches of samples from its Central Licence Package and Bibemi gold projects in Cameroon for testing with results due this quarter.

"The first half of 2022 has been a busy time for the team, completing the outstanding soil grids and continued mapping in the easternmost CLP licences, and wrapping up the Phase 4 drilling programme at Bibemi ahead of the start of the rainy season," Tim Livesey, chief executive, said.

"We continue to be impressed by the discoveries in the CLP. Significant gold-in-soil anomalies from the initial sampling grids indicate to us that this has the potential to become a new gold district in Africa.

"At Bibemi, we await assay results from the most recent drilling, with a view to improving our understanding of the geological controls on mineralisation, hopefully leading to the delivery of an initial JORC Exploration Target later in the year.

“Visual inspection of the core looks promising, especially in relation to the horizontal veining, which has the capacity to increase mineralised volumes significantly."

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