Oriole Resources PLC has reported promising gold findings from its drilling program at the Mbe Licence in Cameroon. Hole MBDD003 showed over 60 meters of gold mineralization, confirming potential higher-grade zones. The results will aid in refining the company’s geological model and drilling strategies, with more updates expected next quarter.
Oriole Resources PLC has announced encouraging results from its ongoing drilling program at the Mbe Licence in Cameroon. Approximately 30% of the drilling has been completed, with notable findings from hole MBDD003, which revealed over 60 meters of consistent gold mineralization. This data reinforces the potential for higher-grade areas within a broader mineralized structure, spanning a 200-meter strike length and a depth of about 290 meters.
These promising results are pivotal for refining Oriole Resources’ geological model and enhancing its drilling strategy. Additional results from the exploration are anticipated in the forthcoming quarter, which could further elucidate the mineralization potential of the Mbe project.
Oriole Resources PLC, listed on AIM, is primarily focused on gold exploration in West and Central Africa. The firm retains a 90% stake in the Mbe project, part of its broader Central Licence Package, and is dedicated to exploring orogenic gold avenues in Cameroon.
In summary, Oriole Resources PLC has reported significant gold findings at the Mbe Licence, particularly highlighting the impressive results from drilling hole MBDD003. This confirms the potential for gold mineralization at various depths and lays the groundwork for future drilling efforts. The company’s commitment to refining its geological approach could lead to further discoveries, enhancing its position in the gold exploration sector.
Original Source: www.tipranks.com
