Oriole agreed a US$1.2m (£890,000) sale of its 1.2% net smelter return royalty interest in the polymetal project in Turkey.
Tag: Oriole Resources plc
Oriole increases Mbe inferred MRE
Oriole Resources plc has published a JORC inferred mineral reserves estimate of 1.66 million oz contained gold, with a mean grade of 1.02g/t, for the combined MB01-S and MB01-N deposits at Mbe in Cameroon. EXTENSIONS The figures follow completion during June of “a relatively modest amount of drilling” of 10 step-out holes for 2,476.80m. Consultant […]
Oriole looks to Mbe extensions to increase MRE
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 […]
Oriole starts drilling Wapouzé
Oriole Resources plc has started an inaugural drilling programme at its 85%-owned Wapouzé limestone project in northeast Cameroon. QUALITY The planned 1,000-metre campaign for 19 holes will target “steeply-dipping metamorphosed limestone (or ‘marble’) units”, located in the northeast of the licence. Drilling will focus on outcrops within three main zones, covering a total strike length […]
Oriole to diamond drill Wapouzé
Oriole Resources plc aims to begin an inaugural diamond drilling programme later this month at its 85%-owned Wapouzé limestone project, in northeast Cameroon. TVRs Drilling for 1,000 metres will determine the depth continuity of “outcropping limestone/marble units”, previously classified as “high-grade carbonate material”. The company said that the material was potentially suitable for use mainly […]
Oriole intersects further gold at Mbe
Oriole Resources plc has returned 23 mineralised intersections from step-out drilling at the MB01-S deposit, at its 50%-owned Mbe orogenic gold project in Cameroon. OWNERSHIP Partner and operator BCM International Ltd drilled 10 holes for 2,476.8 metres, and plans to complete the remaining five holes later this month. Results for drill hole MBDD044 included 27.20 metres […]