Oriole Resources’ CEO Martin Rosser discussed significant progress at the Bibemi gold project in Cameroon, where 83% of drilling is complete, and high-grade results have been recorded. The company is also advancing joint ventures in Senegal and managing legacy projects in Turkey, with expectations for more updates in 2025.
Oriole Resources CEO Martin Rosser recently provided a progress update on the company’s projects during an interview with Proactive’s Stephen Gunnion. He reported that the drilling program at the Bibemi gold project in Cameroon is 83% complete, yielding significant results including 5.30 meters with 1.68g/t gold and a high of 1.2 meters at 13.6g/t gold.
Additionally, Rosser highlighted the maiden drilling at Mbe South, where 990.5 meters have been drilled, with samples currently being analyzed in the laboratory. The focus on Mbe South indicates the company’s commitment to expanding its exploration efforts in Cameroon.
Updates on the Senala gold project in Senegal revealed ongoing progress with joint venture negotiations with Managem Group. Noteworthy results from grab sampling at the Faré artisanal pits showed impressive grades, with samples reaching up to 43.6g/t gold, exemplifying the potential of the Senala project.
Moreover, Rosser provided insights into legacy projects like the Muratdere copper project in Turkey, where the company is awaiting environmental approvals and a forestry permit, which are crucial for moving forward with potential deals. The overall outlook is positive as the company aims for strategic developments across its portfolio.
Looking ahead, Oriole Resources plans to announce final results from its Bibemi drilling and initial findings from Mbe within the current quarter. Updates regarding the Senala project and ongoing activities in Cameroon are also anticipated, reflecting Rosser’s commitment to advancing Oriole’s interests in 2025.
Oriole Resources is actively engaged in gold exploration in Cameroon and Senegal. The company’s Bibemi gold project is under significant development, demonstrating encouraging drilling results. The exploration in Senegal at the Senala project highlights the potential for high-grade gold, with collaborations forming through joint ventures. The Muratdere copper project in Turkey illustrates the company’s diverse portfolio, emphasizing a holistic approach to resource development and management.
In summary, Oriole Resources is on track with its key projects in Cameroon and Senegal, showcasing promising drilling results and progressing joint venture agreements. With important analytical results and strategic approvals pending, the company is poised for a strong operational year in 2025 and beyond. Rosser’s updates indicate a focus on maximizing the potential across the company’s diverse mining portfolio.
Original Source: www.proactiveinvestors.co.uk
