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An announcement from Oriole Resources PLC ( (GB:ORR) ) is now available.
Oriole Resources PLC has announced promising results from its Mbe gold project in Cameroon, with significant gold mineralization discovered near the surface. The latest drilling results, particularly from hole MBDD012, have reinforced the potential of Mbe as a major new gold discovery, with mineralization confirmed over a substantial area and depth. The ongoing drilling program is nearly 70% complete, and the company plans to release further resource estimations later in the year, which could have significant implications for its mining strategy and stakeholder interests.
More about Oriole Resources PLC
Oriole Resources PLC is a gold exploration company listed on the AIM market, focusing on projects in West and Central Africa. The company is primarily engaged in the exploration and development of gold resources, with a significant focus on its Mbe orogenic gold project in Cameroon.
Average Trading Volume: 21,006,086
Technical Sentiment Signal: Sell
Current Market Cap: £8.86M
Learn more about ORR stock on TipRanks’ Stock Analysis page.