Oriole Resources plc has secured a further two years for its 85%-owned Wapouzé limestone property in northern Cameroon. INVESTMENT The project lies 20km to the north of the company’s Bibemi gold exploration area. Although initially focused on gold, sampling results in September 2023 showed high grade carbonate material which could be used in the country’s cement […]
Tag: Wapouzé – Cameroon
Oriole refocuses Wapouzé on industrial minerals
Oriole Gold plc has identified “high-grade carbonate material” at Wapouzé but “significantly lower” gold potential than its nearby Bibemi project in northern Cameroon. ROYALTY PAYMENTS A review of historical data showed the potential for “cement-quality limestone” with 13 of 14 rock chip samples from outcropping limestone suitable for the country’s £700 million cement industry. The […]
Oriole primed for ‘new frontier’ of gold in Cameroon
Oriole Resources plc announced it had secured a controlling interest in it orogenic gold exploration projects at Bibemi and Wapouzé in northern Cameroon. LICENCES The move follows the completion of an initial funding commitment of $1.56 million set out under the terms of an option agreement signed in June 2018. Oriole now has 51% ownership […]