Oriole Resources plc said its joint venture partner intended to exercise its second option to earn a 70% interest in the Senala gold project in Senegal. FIRST OPTION Canadian company IAMGOLD Corporation had the option to spend up to US$8 million to earn a 70% interest. IAMGOLD has spent more than $4m within the first four […]
Tag: Oriole Resources plc
Oriole progresses exploration at Wapouzé
Oriole Resources plc said it continued exploration ahead of identifying drill targets at its 90%-owned Wapouzé gold project in Cameroon. PROGRAMME RESULTS During Q4 2021, the company completed a soil sampling programme over the southwest extent of the Wapouzé licence. Oriole also completed five trenches for 2,524m over previously-identified soil anomalies at the Bataol Zone […]
Oriole drilling delivers bonanza gold grades at Bibemi
Oriole Resources plc announced bonanza gold grades from the completed Phase III diamond drilling programme at its 90%-owned Bibemi gold project in Cameroon. RESULTS The programme focused on infill and extensional drilling for 1,385.4m in nine holes at the Bakassi Zone 1 prospect which is one of four at the project. The company said that results […]
Oriole appoints Eileen Carr as non-executive chairman
Oriole Resources plc has appointed Eileen Carr to the board as non-executive chairman effective from 17 February 2022. She will replace John McGloin who is leaving to become chief executive officer of Diamond Fields Resources Inc. Ms Carr is a chartered certified accountant with more 30 years’ of experience in worldwide, large-scale mining operations. She was […]
Oriole confirms extended mineralisation at Faré
Oriole Resources plc announced an extension of mineralisaton following results from the 2,148 metres reverse circulation (RC) drilling at the Faré prospect at the Senala gold project, Senegal. RESULTS The company’s joint venture partner and operator IAMGOLD Corporation, currently in Year 4, has the option to spend up to US$8 million to earn a 70% interest. Oriole said that […]
Oriole sampling results extend Bakassi Zone 1 at Bibemi
Oriole Resources plc said that recent results from a completed soil sampling programme showed continuity of a gold system at its 90% owned Bibemi project in Cameroon. PROGRAMME Soil sampling was completed for 1,455 samples over the southern half of Bibemi, extending and infilling historical regional sampling grids. Results have returned up to 271 ppb […]