Oriole Resources Highlights Significant Potential of Mbe Gold Project in Cameroon

Oriole Resources (AIM: ORR) emphasizes the strong potential of its Cameroon gold project, with CEO Martin Rosser highlighting promising drilling results from the Mbe project. Notable drill findings, including high-grade gold intervals, support the project’s prospects. The ongoing drilling efforts, with BCM International’s partnership, are expected to yield further insights and bolster exploration strategies.

Oriole Resources (AIM: ORR) has underscored the considerable potential of its Cameroon gold project. CEO Martin Rosser expressed his satisfaction with the drilling results from the Mbe gold project, which indicate consistently strong prospects for the venture. High-grade intervals encountered in the drilling further highlight the project’s promise.

Drilling results indicate that Hole MBDD003 intersected a notable 4.24 metres at 7.7 grams per tonne (g/t) of gold, including 1.72 metres at 18 g/t, alongside several broader areas of lower-grade mineralisation. Martin Rosser remarked, “We are very pleased with these latest results from the second scissor pair of holes at Mbe, which continue to highlight the project’s tremendous potential. The high number of intersections received so far in this maiden programme is truly exciting.”

The drilling campaign targeting the MB01-S location has recently achieved over 30% completion, with around 2,200 metres drilled across seven holes. These findings affirm that gold mineralisation extends over a strike length of at least 200 metres and reaches a vertical depth of approximately 290 metres.

Hole MBDD004, drilled opposite to MBDD003, also revealed multiple gold intersections, such as 3.00 metres at 0.99 g/t from 143.60 metres and 4.60 metres at 0.53 g/t from 119.00 metres. A higher-grade interval of 1.20 metres at 1.38 g/t was also recorded, providing essential structural data vital for refining the geological model despite yielding fewer mineralised intersections.

Rosser indicated that MBDD004’s primary objective was to obtain critical structural insights rather than solely focusing on high grades. He stated, “The purpose of the two pairs of scissor holes was to provide key geological structural information. With the measured drilling rate of the one rig, we can now fine-tune the programme’s drill hole parameters and further develop our geological model.”

The company has completed two additional drill holes, with a third underway, anticipating further results by Q2 2025. Oriole Resources intends to zero in on high-grade zones within lower-grade gold envelopes, refining its exploration strategy through the integration of new data.

In partnership with BCM International, Oriole Resources owns a 90% stake in the Mbe project. BCM International has acquired an initial 10% interest and can earn an additional 40% by investing up to $4 million in exploration. Rosser maintains confidence in the ongoing drilling endeavors, underscoring the project’s robust potential for significant gold mineralisation.

Oriole Resources continues to demonstrate the significant potential of its Mbe gold project in Cameroon through promising drilling results. The ongoing exploration efforts indicate a strong likelihood of substantial gold mineralisation, with key findings enhancing the geological model and informing future drilling strategies. As the drilling campaign progresses, the company’s partnership with BCM International may catalyze further advancements and insights into the project’s capabilities.

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