Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Oriole Resources PLC ( (GB:ORR) ) just unveiled an announcement.
Oriole Resources PLC has announced promising drill results from its Mbe orogenic gold project in Cameroon, highlighting the potential for high-grade gold mineralization within broader lower-grade zones. The latest results from drillhole MBDD009 include a notable intersection of 1.00m at 51.30g/t Au, extending the mineralized corridor to over 400m. The company plans to complete its Phase 1 drilling program by Q3-2025 and anticipates a maiden mineral resource estimate by Q4-2025, with the potential for open pit mining methods.
More about Oriole Resources PLC
Oriole Resources PLC is a gold exploration company listed on the AIM market, focusing on West and Central Africa. The company is primarily engaged in exploring gold deposits, with a significant project in Cameroon known as the Mbe orogenic gold project.
Average Trading Volume: 19,820,005
Technical Sentiment Signal: Sell
Current Market Cap: £8.18M
For a thorough assessment of ORR stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue