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Oriole Resources PLC ( (GB:ORR) ) has provided an update.
Oriole Resources PLC has completed Phase 1 drilling at its Mbe orogenic gold project in Cameroon, covering 6,828.40 meters across 24 drill holes. The company anticipates releasing a maiden JORC Mineral Resource Estimate in Q4-2025, following the receipt of results for the remaining drill holes. This milestone marks significant progress for Oriole Resources, as the mineralized system remains open for further exploration and potential resource expansion. The results are expected to enhance the company’s positioning in the gold exploration industry and provide valuable insights for stakeholders.
More about Oriole Resources PLC
Oriole Resources PLC is an AIM-quoted gold exploration company with a focus on early-stage exploration in West and Central Africa. The company has projects in Cameroon and Senegal, including the Mbe orogenic gold project and the Bibemi project in Cameroon, and the Senala gold project in Senegal. Oriole Resources is working on expanding its resource base through systematic exploration and strategic partnerships.
Average Trading Volume: 63,176,368
Technical Sentiment Signal: Buy
Current Market Cap: £18.31M
For a thorough assessment of ORR stock, go to TipRanks’ Stock Analysis page.