An announcement from Oriole Resources PLC ( (GB:ORR) ) is now available.
Oriole Resources PLC has completed its Phase 5 drilling program at the Bibemi gold project in Cameroon, covering approximately 6,900 meters across 56 holes. The results indicate continued mineralization within the existing mineral resource estimate (MRE) pit shell design, suggesting potential for resource expansion and upgrade to Measured and/or Indicated JORC Code categories. The drilling program, funded by BCM International, aims to refine the geological model and update the MRE, with further technical studies supporting the company’s exploitation license application with the Cameroon Mines Ministry.
More about Oriole Resources PLC
Oriole Resources PLC is a gold exploration company listed on the AIM market, focusing on projects in West and Central Africa. The company is primarily engaged in the exploration and development of gold resources, with a significant focus on its Bibemi orogenic gold project in Cameroon.
YTD Price Performance: -25.66%
Average Trading Volume: 19,343,253
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £7.69M
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