Oriole Resources CEO on Mbe maiden MRE: 900,000 oz gold find

Oriole Resources PLC (AIM:ORR) CEO Martin Rosser talked with Proactive's Stephen Gunnion about the company’s maiden mineral resource estimate (MRE) for the Mbe South project in Cameroon, revealing a significant inferred resource. The company reported almost 900,000 ounces of contained gold, exceeding the upper range of the previously published JORC exploration target. Rosser noted, “The outcome is some 50% greater number of ounces than the median in the earlier exploration target…and is at a higher grade.” The MRE covers a strike length of around 900m, a width of 700m and a depth of 340m, and remains open in all directions. Rosser said the result demonstrates the value proposition of Oriole Resources and the district potential within the wider eastern CLP license area, which spans over 2,000 square kilometres. He also discussed upcoming exploration plans, including further infill and step-out drilling. The undrilled MB01 North target, just 700m northeast of Mbe South, currently has a JORC exploration target range of 370,000 to 605,000 ounces, and the company estimates a combined near-term target of 1.25 million to 1.5 million ounces for the combined Mbe South and North zones. Looking ahead, the company will finalise plans with its earn-in partner, BCM International, to commence the next drilling program. Rosser acknowledged the open pit mining potential, stating that the large widths of mineralisation and geometry supports consideration of such a concept. The company highlighted that Mbe South is now Cameroon’s largest JORC MRE, overtaking its own Bibemi project. For more exclusive interviews and updates like this, head to Proactive’s YouTube channel. Don’t forget to like this video, subscribe, and turn on notifications so you never miss a story. #OrioleResources #GoldExploration #CameroonMining #MbeProject #MiningNews #JORC #MartinRosser #ProactiveInvestors #GoldInvestment #MineralResources #AfricaGold #MiningUpdate