Oriole Resources plc has secured a further two years for its five gold exploration licences within the Eastern Central Licence Package in the Adamawa and North regions, Cameroon.
Held through the company’s 90%-owned subsidiary Oriole Cameroon SARL, the renewed licences represent a contiguous, district-scale land package covering 2,266km2.
The Eastern CLP includes the flagship 80%-owned Mbe licence, where BCM International Ltd is funding up to US$4 million exploration to earn up to a 50% interest.
Oriole retains a 90% interest in the other four licences of Tenekou, Niambaram, Pokor and Ndom.