Oriole has a 1.2% post-Turkish tax royalty on its former Muratdere copper-gold porphyry project in Turkey, now operated by Lodos.

Bati Toroslar is funding exploration at the Hasançelebi and Doğala licences in Turkey and will pay Oriole US$0.5M if a minimum JORC-compliant Indicated or Measured gold resource of 100,000 oz (0.3 g/t cut off) is defined within the oxide and transition zones at Hasançelebi. Oriole will receive a 1.5% NSR royalty on future precious metals production at the licences, and a 5% NSR on future production of other metals or industrial raw minerals.