Oriole Resources highlights the substantial potential of its Mbe gold project in Cameroon, with recent drilling revealing high-grade gold intersections and confirming mineralisation over significant lengths. CEO Martin Rosser expressed confidence in the ongoing exploration strategy, which focuses on refining geological models and enhancing gold recovery prospects.
Oriole Resources (AIM: ORR) has underscored the significant potential of its Mbe gold project located in Cameroon. Martin Rosser, the CEO of Oriole Resources PLC, expressed his contentment with the recent drilling results that consistently exhibit the project’s robust potential.
The latest drilling results reveal a high-grade interval of 4.24 metres at 7.7 grams per tonne (g/t) of gold from hole MBDD003, which includes a standout 1.72 metres at 18 g/t. The results encompass several broader lower-grade mineralisation zones. 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.”
Currently, the drilling campaign at the MB01-S target has progressed beyond 30%, with 2,200 metres drilled across seven holes. This drilling confirms gold mineralisation over a strike length of at least 200 metres and a vertical extent of around 290 metres. The second hole, MBDD004, while providing essential geological data, encountered several intersections, including 3.00 metres at 0.99 g/t from 143.60 metres.
Rosser clarified that although MBDD004 was initially expected to deliver high grades, the purpose of the scissor hole technique was to obtain critical structural insights. He stated, “The purpose of the two pairs of scissor holes was to provide key geological structural information.”
Following the completion of two additional drill holes and with a third currently underway, further results are anticipated in Q2 2025. Oriole Resources is refining its exploration strategy by focusing on high-grade zones within broader lower-grade gold envelopes.
Holding a 90% stake in the Mbe project, Oriole Resources is conducting the fully funded drilling programme in collaboration with BCM International, which has secured a 10% interest and aims to increase its stake by up to 40% through an investment of $4 million in exploration.
Rosser remains optimistic about the ongoing drilling activities, asserting that additional results will further substantiate the project’s capability to host substantial gold mineralisation.
In conclusion, the updates from Oriole Resources regarding the Mbe gold project in Cameroon reflect promising drilling results, with significant intersections demonstrating the project’s potential. The strategic focus on high-grade zones will aid in enhancing exploration efforts. With continued collaboration and investment, the prospect for gold mineralisation appears favorable, reinforcing confidence in the project’s future.
Original Source: www.share-talk.com
