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Oriole Resources Begins Phase 5 Drilling in Cameroon

Oriole Resources Begins Phase 5 Drilling in Cameroon

Oriole Resources PLC (GB:ORR) has released an update.

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Oriole Resources PLC has started Phase 5 drilling at their 82.2%-owned Bibemi gold project in Cameroon, with a focus on expanding the confirmed Mineral Resource Estimate (MRE) which currently stands at approximately 375,000 ounces of gold. Despite initial delays due to logistical challenges, the company has made provisions to continue operations into the rainy season, with results expected in the latter half of 2024. Alongside drilling, Oriole Resources is also conducting surface exploration within the wider licence area.

For further insights into GB:ORR stock, check out TipRanks’ Stock Analysis page.

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