Oriole Resources plc reported “wide gold intersections” outside exploration target MB01-S at its 90% owned orogenic gold Mbe project in the Adamawa Region of central Cameroon. MRE The findings come from the final results of the now completed ten-month diamond drilling programme of 24 holes for 6,828.40 metres. Chief executive officer Martin Rosser said that […]
Tag: orogenic gold
Oriole issues inaugural Mbe exploration target
Oriole Resources plc has identified 33 to 44 million tonnes, at 0.77 to 0.95g/t gold, for 0.82 to 1.34m ounces contained gold in its inaugural JORC exploration target for the Mbe orogenic gold project in Cameroon. MODEL Independent consultant Forge International Ltd extends the target, which is open in all directions and at depth, over the […]
Oriole completes phase V drilling at Bibemi
Oriole Resources plc has completed phase V of drilling, several weeks later than planned, at its 90% owned Bibemi orogenic gold project in Northern Cameroon. REVIEW Operator and earn-in partner BCM International drilled a total 6,915.40m in 56 holes at the Bakassi Zone 1 prospect over three sub-prospects of BZ1-MRE, BZ1-NW, and BZ1-SW. Results are due […]
Oriole identifies new mineralised zone at Bibemi
Oriole Resources plc said it had identified a new mineralised zone at the Lawa West prospect within its 82.2%-owned Bibemi orogenic gold project in Cameroon. EXPANSION Earn-in partner BCM International Ltd is currently funding up to US$4 million exploration in return for up to a 50% interest in the project. Oriole added that recent mapping within the […]
Oriole encouraged by Bibemi drill progress
Oriole Resources plc earn-in partner has completed 10 of 62 drill holes in the phase IV exploration programme at its 82.2%-owned Bibemi orogenic gold project in Cameroon. STUDIES The company said that multiple shallow-dipping, less than 45˚ from horizontal, and steeply dipping quartz and quartz-tourmaline veins, up to 2.40m wide, have been intersected. BCM International […]
Oriole signs non-binding Bibemi-Mbe earn-ins
Oriole Resources plc has signed two non-binding heads of terms with BCM International Ltd for earn-ins at the company’s Mbe and Bibemi orogenic gold licences in Cameroon. MBE The transactions, for up to 50% interest in each licence with the Ghana-based mining and civil contractor, are expected to be executed before the end of the […]