Extractive Industries

Oriole seeks investment partner for CLP lithium

Oriole Resources plc said it was seeking an investment partner for its lithium project in the 4,091km2 Central Licence Package (90%) in Cameroon.

ANOMALY

Of the nine licences originally chosen for orogenic gold mineralisation and other minerals, Ndom and Gamboukou in the Eastern CLP have shown lithium-bearing pegmatites from mapping and sampling.

Chief executive officer Tim Livesey said that further analyses and mineralogical studies were needed to understand the initiation point for the original anomaly. 

“As we remain focused on the significant positive gold results seen to date across the five Eastern CLP licences, we will continue to run our lithium investigations in parallel and remain open to any investment interest at a project level from any lithium specialist exploration groups.”

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