Oriole Resources plc has progressed early-stage exploration on the four licences in its 90%-owned eastern Central Licence Package, which has a “district-scale potential” in Cameroon. ANOMALISM Ndom, Pokor, Niambaram and Tenekou are located contiguous with the company’s 50%-owned Mbe licence. Completed geological and regolith mapping over approximately 9km2 on the PK01 target at Pokor has […]
Tag: Tenekou – Niambaram – Pokor – Ndom – licences – eastern CLP – Cameroon
Oriole signs Mbe-Bibemi completion agreement
Oriole Resources plc has signed a completion agreement, including 2,950m inaugural diamond drilling, with its earn-in partner on the Bibemi and Mbe gold projects in Cameroon. EXPLORATION BCM International Ltd expects to begin operations in December, and will focus on MB01-N. The operator aims to convert the target’s range of 15 to 20 million tonnes […]
Oriole targets $1m to develop CLP gold licences
Oriole Resources plc aims to secure US$1 million investment for exploration on its five gold licences in the eastern Central Licence Package, central Cameroon. TERMS The company said it was transferring its 90% project interest into a sub-holding company, NewCo, to enable the investment and advance exploration while minimising equity dilution for shareholders. Oriole has […]