Oriole Resources PLC is an AIM quoted gold exploration and development company, focused on gold in Central and West Africa.

The Company’s main operational focus is in Cameroon, where it has multiple gold assets as well as a marble project. At the flagship Mbe project, in central Cameroon, the Company has published a JORC Inferred Mineral Resource estimate of 1.66Moz contained gold for the MB01 prospect. The Mbe licence is part of a wider, district-scale Eastern CLP land holding, with multiple anomalies identified over a further four contiguous licences that share geological similarities with Mbe. At the more advanced Bibemi project, in northern Cameroon, there is a JORC Indicated and Inferred Mineral Resource of 460,000oz at 2.06g/t Au, and the Company has applied for an Exploitation Licence. Just 20km north of Bibemi is the Company’s Wapouzé marble project, which hosts a maiden JORC Inferred Resource of 32.2Mt with weighted average grades of 50.33wt% CaO, 1.13wt% MgO and 6.06wt% SiO₂, as well as an additional Exploration Target. An Exploiration Licence application has also been submitted for this project.  

The Company also has a non-carried interest in the Senala gold project in Senegal, which is operated by AGEM Senegal Exploration Suarl, a wholly owned subsidiary of Managem Group. The project has a reported Resource of 155,000oz contained gold at 1.26g/t Au in the JORC Inferred category for the Faré South prospect, and an additional, complementary Exploration Target range of 17 to 24Mt at a grade of 0.69 to 0.84g/t Au for 380,000 to 650,000oz contained gold for all prospects within the licence. The Company also has several interests in companies operating in East Africa and Turkey that could give future cash payments.

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 and Senegal.

391px Indian Golden Oriole Male Oriolus Kundoo
Credit: Akshay Charegaonkar
Oriole Resources Plc
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