Oriole Resources plc confirmed “multiple” lithium-bearing pegmatites from early stage exploration at two licences on its 90%-owned Central Licence Package (CLP) in Cameroon. NDOM & GAMBOUKOU The CLP comprises nine contiguous licences over 4,091km2. Oriole said the previously unexplored Paleo-Proterozoic to Pan-African age rocks were “highly prospective” for a range of commodities, including orogenic-style gold mineralisation and […]
Tag: Oriole Resources plc
Oriole records up to 134 g/t from sampling at CLP
Oriole Resources plc reported multiple high grades, including 134.10 grammes per tonne (g/t) gold from rock-chip sampling at its 90%-owned Central Licence Package (CLP) project in Cameroon. MINERALISED CORRIDOR The 4,091km2 project comprises nine contiguous licences over previously unexplored Paleo-Proterozoic to Pan-African age rocks prospective for commodities, including orogenic-style gold mineralisation and lithium. Soil sampling […]
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 […]
Oriole converts directors’ sixth salary tranche for £7,000
Oriole Resources plc reported the conversion of its directors’ sixth tranche of gross salary totalling £7,000 under the company’s extended salary sacrifice scheme. The salary was converted using the 30-day VWAP on 31 December 2022 (0.1558 pence) to 2,725,021 new ordinary shares of 0.1p each in the company. Name Number of Ordinary Shares Issued Resultant shareholding in […]
Oriole earn-in partner sells Senala gold interest
Oriole Resources plc’s earn-in partner in the Senala gold project has sold its portfolio in Senegal, Mali and Guinea for a total $282 million to Managem Group. OPTION AGREEMENT IAMGOLD Corporation had an option agreement on Senala where it recently earned a 51% initial interest by spending $4m over four years. The Canadian company could […]
Oriole’s orogenic gold MRE is ‘first’ for Cameroon
Oriole Resources plc reported an inaugural inferred JORC mineral resource estimate (MRE) of 305,000 Troy ounces grading 2.19 g/t gold for Bakassi Zone 1 at Bibemi in Cameroon. EXPLORATION Forge International Ltd compiled the revised resource and exploration target at Bakassi Zone 1, one of four prospects at Oriole’s 90%-owned project. Oriole said that the […]