Oriole Resources plc began Phase 4 diamond drilling programme at Bakassi Zone 1 in the company’s 90%-owned Bibemi gold project in Cameroon.
PROGRAMME
The company has to date identified four main prospects with the majority of drilling focused on a circa 1km section at the Bakassi Zone 1 prospect.
The programme, which began on 30 May, will comprise an initial 550m drilling, from which results will be used to revise Oriole’s three-dimensional geological and mineralisation model for the prospect.
Oriole will decide expanding the drilling programme subject to geological observations.
The company said that an interpretation is underway of a recently completed geomagnetic survey across the four key prospects at Bibemi.
A series of technical studies has also started to support a two-year extension of the Bibemi licence for which the company will submit a report during Q3.
SUB-HORIZONTAL STRUCTURES
Chief executive Tim Livesey added that Oriole had aggressively progressed programmes and was moving towards a clearer definition of the mineralising systems.
“Structural studies carried out previously identify these cross-cutting, sub-horizontal structures as being important for controlling the location of higher-grade intervals within the shear corridor.
“This programme offers the potential for significant volumetric increase to the known system and so we look forward to sharing the findings from this programme with the market as they become available.
“At the Lawa East prospect, similar sub-horizontal structures have been observed in relation to high-grade mineralisation including 0.80m grading 27.90 g/t Au which included a quartz-tourmaline vein with visible gold.”
Oriole has completed a total of 6,154.10m diamond drilling in 49 holes since starting its inaugural drilling programme in Q1 2021.