Oriole Resources PLC (LON:ORR)

Investments

Home » Investments

Aforo

Oriole has a 7.84% interest in privately-owned Aforo Resources Limited for its projects in Burkina Faso.

Niare & Sao

Tembo

The Company has an 11.6% interest in TSX-listed Tembo Gold Corporation for its 100 sq. km Tembo gold licence in Tanzania.

Tembo

Thani Stratex

Oriole has a 30.1% interest in privately-owned Thani Stratex Resources Ltd assets in Djibouti (50%-owned by TSR) and Egypt.

Pandora and AssaleytaHodine (Anbat)

Anadolu

Anadolu is funding a US$1.5M resource drilling-programme at the Karaağac project in Turkey and will pay the Company US$0.5M on delivery of a minimum JORC-compliant Indicated Resource of 50,000 oz gold. Oriole will receive a 1.5% NSR royalty on any future mineral production.

Karaağac

Lodos

Lodos is earning-in to the Company's Muratdere copper-gold porphyry project in Turkey. Oriole currently has a 14.87% interest but is expected to default to a 1.2% post-Turkish tax royalty position during 2018.

Muratdere

TET Madencilik

TET 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.

Hasançelebi & Dogala