Oriole Resources has a diverse portfolio of African gold assets
Oriole Resources has a long track-record of exploration in Africa
Company
LON:ORR
Oriole Resources PLC is a gold exploration company, focused on Cameroon and West Africa. The company's main activity is exploration in Cameroon, where it identified multi-kilometre long gold anomalies within its Central Licence Package, including at its flagship Mbe project.
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Oriole Resources has a long track-record of exploration in Africa
The company said an independent desktop remote sensing study had identified the targets across a 3,592 square kilometre licence package
The explorer sees exciting greenfield potential and its now planning first pass exploration
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The three best samples contained more than 100 ppb (parts per billion) gold – with a peak assay of 210 ppb (0.21 g/t).
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A targeted drill programme is planned for later in the year
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Non-executive chairman John McGloin said Cameroon was “a key growth centre” going forward and the company would be expanding its footprint with additional licences under its existing joint ventures as well as new licence applications
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