Oriole Resources plc said infill soil sampling had “significantly” improved the definition of previous gold-in-soil anomalism at its 80%-owned Mbe gold project in Adamawa, Cameroon. ROBUST Mbe is one of five licences within the company’s package of contiguous exploration licences, of the Eastern Central Licence Package covering 2,266 km2. Earn-in partner BCM International Ltd, funding up […]
Tag: Oriole Resources plc
Oriole receives $220,000 from Turkey legacy assets
Oriole Resources plc said it had received US$220,000, with a further $80,000 later this quarter, from its interests in the Turkish gold mining projects of Hasançelebi and Doğala. PARTNER The company will use the total sum for exploration in Cameroon. The original 2019 deal saw the company’s local subsidiary sign a $1.38 million exploration agreement […]
Oriole CEO Timothy Livesey steps down
Oriole Resources plc chief executive officer Timothy Livesey has stepped down and left the board, with effect from end of 30 April, to focus on his other business interests. His replacement is Martin Rosser who joined the board on 1 May 2024. Mr Livesey was pivotal in reinvigorating Oriole’s strategic direction which led to the […]
Oriole renews Senala gold exploration licence
Oriole Resources plc has secured a three-year renewal for its Senala gold exploration licence in Senegal. NEXT STEPS The company holds an 85% interest in Stratex-EMC SA, the holding vehicle for the renewed licence. AGEM Senegal Exploration Suarl, a wholly-owned subsidiary of Managem Group, recently completed a six-year investment to acquire an approximate 59% beneficial interest […]
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 earn-in partner completes option term at Senala
Oriole Resources plc earn-in partner has completed its six-year term and is expected to hold 59% of the Senala gold project in Senegal. DISCUSSIONS Managem Group confirmed to the company that, since the 2018 option agreement, its subsidiary AGEM Senegal Exploration Suarl had spent US$5.8 million on the project. AGEM’s beneficial ownership in the Senala […]