Oriole Resources Advances Maiden Drilling at Mbe Gold Project

The latest announcement is out from Oriole Resources PLC ( (GB:ORR) ).

Oriole Resources PLC has completed the first diamond drill hole, MBDD001, at its Mbe Gold Project in Cameroon as part of a fully funded maiden drilling program. The drilling aims to explore the MB01-S target, where previous trenching indicated high-grade gold mineralization. The drill core is being analyzed, with results expected in early 2025. This program is a significant step in the company’s exploration efforts in the region, potentially enhancing its position in the gold exploration market and impacting stakeholders by advancing the understanding of the project’s mineral potential.

More about Oriole Resources PLC

Oriole Resources PLC is an AIM-listed gold exploration company focused on early-stage exploration in Central and West Africa, specifically Cameroon. The company is involved in exploring for gold deposits and is currently executing a maiden drilling program at the Mbe Gold Project in the Adamawa Region of Cameroon.

YTD Price Performance: 58.82%

Average Trading Volume: 14,923,354

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £10.52M

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