Oriole Resources PLC has a diverse portfolio of African gold assets

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  • Oriole Resources reports positive drilling results from Fare and Madina Bafe prospects on Senala joint venture
  • Oriole Resources’ present positive updates on Fare and Madina Bafe prospects on Senala joint venture
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Quick facts: Oriole Resources PLC

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Oriole Resources PLC is an AIM-listed exploration company, operating in Africa and Europe.

Oriole is focused on early-stage gold exploration in Cameroon and the more advanced Senala gold project in Senegal, where IAMGOLD has the option to spend US$8m to earn a 70% interest. The Company has a number of interests and royalties in companies operating throughout Africa and Turkey and is assessing new gold and base metal opportunities in both regions.

16 Aug 2021

(, ) () announced positive drilling results from the Fare and Madina Bafe prospects on the Senala joint venture project in Senegal.

The best results include up to 70.00 meters grading 1.46 grammes per tonne (g/t) gold from Fare and 10.00 metres grading 1.69 g/t gold from Madina Bafe.

“Continued positive results from Fare reconfirms our belief that this prospect, with its three distinct, yet neighbouring zones of mineralisation, has the opportunity to host a stand-alone resource and ultimately the potential to host a mine development,” said chief executive Tim Livesey.

“These initial diamond drill results from the ongoing programme at Madina Bafe also provide encouragement for the potential of that prospect to host a satellite deposit for the nearby Boto mine development project.

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02 Aug 2021

(, ) said it completed a mapping and stream sediment sampling programme over the five easternmost licences of the Central Cameroon package and that the results are anticipated in the third quarter.

The programme has now been paused for the rainy season and will continue over the remaining three licences in the west of the package during the last quarter of 2021.

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29 Jul 2021

(, ) said joint venture partner IAMGOLD Corporation completed its Phase 1 drilling programme at the Fare prospect, part of the Senala project in Senegal.

IAMGOLD has also partially completed a Phase 2 drilling programme at the southernmost Madina Bafe prospect at Senala.

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16 Aug 2021

(, )’s () Tim Livesey joins Proactive London to discuss the latest drilling results from the Fare and Madina Bafe prospects on the Senala joint venture project in Senegal.

The best results include up to 70.00 meters grading 1.46 grammes per tonne (g/t) gold from Fare and 10.00 metres grading 1.69 g/t gold from Madina Bafe.

Livesey is confident this prospect has the opportunity to host a stand-alone resource and ultimately the potential to host a mine development.

17 Apr 2019

This company may be familiar to many investors under its previous guise as Stratex International, when its focus was as a hybrid developer/project generator, with a strong bias towards Turkey.

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Oriole Resources’ present positive updates on Fare and Madina Bafe prospects…

Oriole Resources PLC (LSE:ORR, FRA:S1Y)’s (LON:ORR) Tim Livesey joins Proactive London to discuss the latest drilling results from the Fare and Madina Bafe prospects on the Senala joint venture project in Senegal.

The best results include up to 70.00 meters grading 1.46 grammes per tonne…

8 hours, 5 minutes ago

4 min read

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