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Oriole Resources PLC ( (GB:ORR) ) has provided an update.
Oriole Resources PLC has announced updates on its various gold exploration projects including Bibemi and Mbe in Cameroon, and Senala in Senegal. The company has made significant progress in its drilling programs, with notable intersections reported at Bibemi and initial drilling commenced at Mbe. Additionally, Oriole has completed the restructuring to secure a 90% interest in these projects. In Senegal, a joint-venture agreement is underway with Managem, and high-grade gold samples have been identified at the Senala project. Meanwhile, in Turkey, the environmental assessment for the Muratdere copper-gold project has been approved, paving the way for further development.
More about Oriole Resources PLC
Oriole Resources PLC is an AIM-quoted company focused on gold exploration in West and Central Africa. The company is primarily involved in the exploration of gold with its key projects located in Cameroon and Senegal, including the Bibemi and Mbe gold projects.
YTD Price Performance: -10.57%
Average Trading Volume: 14,037,566
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £9.8M
See more insights into ORR stock on TipRanks’ Stock Analysis page.
