Oriole Resources PLC is an AIM-listed exploration company, operating in Africa and Europe.
Oriole is focused on early-stage gold exploration in Cameroon and the more advanced Dalafin gold project in Senegal, where IAMGOLD has the option to spend US$8m to earn a 70% interest. The Company has a number of interests and royalties in companies operating throughout Africa and Turkey and is assessing new gold and base metal opportunities in both regions.
Oriole has a highly experienced Board and management team, with a proven track record of discovering, exploring, and developing world-class assets as well as delivering shareholder value through multi-million dollar project- and company-level transactions.
The size of a blackbird, the male Golden Oriole has an unmistakable bright yellow body with black wings. The genus has African and Eurasian species, mirroring the Company’s geographical foci.
First described by the Swedish naturalist Carl Linneus in 1758, the Eursian Golden Oriole (Oriolus oriolus) breeds throughout Europe and parts of Asia (including Turkey) during the summer and migrates to parts of central Africa for winter, travelling as far south as Kenya and Tanzania.
The African Golden Oriole (Oriolus auratus Vieillot) wasn’t identified until almost 60 years later, in Ghana. It is native to many of the countries Oriole Resources has projects and investments in, including Cameroon, Senegal, and Tanzania.