Oriole Resources plc reported extensions in three directions from the final set of results following completion of step-out drilling at the Mbe gold project in Cameroon.
INTERSECTIONS
The northern, western and southern extensions to the existing geological model are expected to increase the total resource at the MB01-South deposit.
The company is preparing a revised mineral resource estimate due to be published during the third quarter of 2026.
Oriole said that the final two drill holes had returned a further 13 mineralised gold intersections.
Drill hole MBDD048 results included 16.40 metres at 1.65grammes per tonne gold from 116.80m depth, including three metres at 4.72g/t gold and five metres at 2.05g/t gold.
Hole MBDD049 returned 27.00m at 0.61g/t gold from 202.50m depth, including five metres at 1.71g/t gold and three metres at 1.05g/t gold.
Chief executive officer Martin Rosser added: “The final drill hole results for the MB01-S step-out drilling conclude a successful programme and it is anticipated should increase the total resource at MB01-S from the current 870koz Au [gold].
“Notably, MBDD049 supports the potential for further mineralised zones at depth to the east of the phase I drilling, which will be considered in future programmes.”
Oriole owns 50% of Mbe, which currently has a total JORC inferred MRE of 1.23 million ounces contained gold across both the MB01-S and MB01-North deposits.