Oriole Resources PLC ( (GB:ORR) ) just unveiled an announcement.
Oriole Resources PLC has provided an update on its Mbe gold project in Cameroon, where BCM International has acquired a 10% interest and is working towards a further 40% stake by investing up to $4 million in exploration. The company has received results from its maiden drilling program at Mbe, although the announcement of these results has been delayed due to customs-related issues. This update highlights Oriole’s ongoing efforts to advance its exploration activities and strengthen its position in the gold exploration industry.
More about Oriole Resources PLC
Oriole Resources PLC is an AIM-listed gold exploration company with a focus on early-stage exploration projects in West and Central Africa. The company is primarily involved in gold exploration, with significant projects in Cameroon, including the Bibemi and Mbe projects, and has identified multi-kilometre gold and lithium anomalies within its Central Licence Package. Oriole also has interests and royalties in projects in East Africa and Turkey.
YTD Price Performance: -21.15%
Average Trading Volume: 18,628,111
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £7.99M
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