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, […]
Tag: Cameroon
Oriole’s partner starts infill sampling at Mbe
Oriole Resources plc reported the start of infill sampling at the early-stage 312km2 Mbe gold project on the Eastern Central Licence Package in Cameroon. ANOMALISM The company believes it has identified targets “indicative of a corridor of gold mineralisation” running across all five of its Eastern CLP licences. Earn-in partner BCM International Ltd completed its […]
Oriole issues 13.8m shares in warrant exercise
Oriole Resources plc noted an exercise of warrants over 13,888,888 new ordinary shares of 0.1p each in the company at an exercise price of 0.25 per ordinary share. Following admission, the company’s issued share capital will be 3,895,872,338 ordinary shares. A total 157,555,555 warrants and 264,526,245 options over ordinary shares, representing approximately 10.8% of the company’s […]
Oriole receives £157,000 tax rebate for R&D
Oriole Resources plc has received a £157,000 tax rebate in respect of geoscientific advances through the company’s exploration programmes in West Africa. GEOLOGICAL DATA The money is from the company’s research and development tax relief claim for the year ended 31 December 2022. Oriole said that the rebate reflected its research on potential areas of mineralisation […]
Oriole completes Mbe geophysics
Oriole Resources plc has completed a ground-based geophysics programme over the main gold target at Mbe as it awaits multi-element analysis from lithium targeting on Ndom, within the Eastern Central Licence Package (CLP) in Cameroon. DRILL TARGETS The programme was over the entire gold-anomalous zone at the Mbe licence to test the local and regional […]
Oriole pays respects to Cameroon mining minister
Oriole Resources plc has paid its respects to Cameroon’s mining minister who has died aged 51. LEADERSHIP Minister of mines, industry and technological development, Gabriel Dodo Ndoke, died in the early hours of Saturday, 21 January. Oriole sent its deepest condolences to Mr Ndoke’s family, friends and colleagues. “We are deeply saddened to learn that […]