Oriole Resources PLC Investor Presentation
03 11월 2022 - 7:30PM
RNS Non-Regulatory
TIDMORR
Oriole Resources PLC
03 November 2022
Oriole Resources Plc
('Oriole' or 'the Company')
Investor Presentation
Oriole Resources PLC, the AIM-quoted gold exploration company
focussed on West Africa, has released an updated Investor
Presentation to the Company's website, which can be viewed at the
following link:
https://orioleresources.com/investors/reports-presentations/
The Investor Presentation highlights the Company's strategy to
deliver value through focussed exploration, the progression of the
field work carried out in Cameroon and Senegal and the upcoming
field season programme, which includes:
-- Optimisation of the Bakassi Zone 1 JORC Exploration Target to
enable part conversion to an Inferred Resource:
o Pit optimisation studies and Competent Person site visit to
deliver a maiden JORC-compliant Resource
o Infill geophysics survey to assist with planning follow-up
programmes (including resource drill out/expansion campaign during
the 2023/24 field season)
-- Target expansion activities at the other three prospects at Bibemi
-- Development of the Eastern CLP project towards geological model and drill target definition
o Mapping, rock-chip and infill soil sampling
o Geophysics at Mbe anomaly
The Company looks forward to providing updates on these
programmes in due course.
** ENDS **
For further information please visit www.orioleresources.com , @OrioleResources on Twitter,
or contact:
Oriole Resources PLC Tel: +44 (0)20 7830 9650
Tim Livesey / Bob Smeeton / Claire
Bay
BlytheRay (IR/PR contact) Tel: +44 (0)20 7138 3204
Tim Blythe / Megan Ray / Rachael
Brooks
Grant Thornton UK LLP Tel: +44 (0)20 7383 5100
Samantha Harrison / George Grainger
/ Ciara Donnelly
SP Angel Corporate Finance LLP Tel: +44 (0)20 3470 0470
Ewan Leggat / Harry Davies-Ball
Notes to Editors:
Oriole Resources PLC is an AIM-listed exploration company,
operating West Africa. It is focused on early-stage exploration in
Cameroon (Bibemi, Wapouzé and Central Licence Package projects) and
the more advanced Senala gold project in Senegal, where IAMGOLD has
the option to spend US$8 million to earn a 70% interest. Under the
terms of the option agreement, IAMGOLD has recently met its first
commitment by spending US$4 million within an initial four years
and will shortly acquire a 51% interest in Senala . The Company
also has several interests and royalties in companies operating
throughout Africa and Turkey that could deliver future cash flow,
and it continues to assess new opportunities in both regions.
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