Oriole Resources Reports Positive Drill Results at Mbe Gold Project

Oriole Resources PLC ( (GB:ORR) ) has issued an announcement.

Oriole Resources PLC announced further positive drill results from its Mbe orogenic gold project in Cameroon, revealing over 40 new gold intersections. The results confirm the continuity of mineralization along a 200-meter strike length, with the system remaining open in all directions and at depth. The company’s Phase 1 drilling program is nearly 70% complete, and they plan to release a JORC Exploration Target estimation in Q3 2025, with a maiden mineral resource estimate expected in Q4 2025. These developments could enhance Oriole’s position in the gold exploration industry and potentially attract further investment.

More about Oriole Resources PLC

Oriole Resources PLC is a gold exploration company listed on AIM, focusing on projects in West and Central Africa. The company is primarily engaged in the exploration and development of gold resources, with a market focus on identifying and advancing gold projects in underexplored regions.

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Technical Sentiment Signal: Sell

Current Market Cap: £8.96M

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