Oriole Resources is an AIM-quoted exploration company, focused on creating shareholder value through the development of quality exploration assets.
Principal Activities
The principal activity of the Group is the exploration and development of gold and base metals in Africa and Europe.
Strategy and Vision
The Company’s strategic intent is to maximise shareholder value, through quality exploration in highly gold-endowed terranes throughout Africa (e.g. Birmian and Archean) and Europe (Tethyan). This includes our new projects in Cameroon, where we are earning up to a 90% interest in the Bibemi and Wapouzé projects, and our 85%-owned Dalafin project in Senegal, where IAMGOLD has the option to spend US$8m to acquire 70%. We have interests and royalties in several projects in Turkey and Africa and are actively seeking further exploration opportunities, particularly in West Africa, to consolidate our existing geographic footprint.