Oriole Resources loss narrows on gain from licence signature payments
2nd Apr 2025 12:19
(Alliance News) - Oriole Resources PLC on Wednesday said it expects "significant fundamental progress" in 2025 as it said its loss narrowed in 2024. Read More
(Alliance News) - Oriole Resources PLC on Wednesday said it expects "significant fundamental progress" in 2025 as it said its loss narrowed in 2024. Read More
Oriole Resources PLC - West and Central Africa-focused gold explorer - Announces final results from phase 5 drilling programme recently completed at the Bakassi zone 1 prospect. Says programme was completed over three sub prospects, and results for the final seven drill holes in the BZ1-MRE target show they are all mineralised. Says the holes contained in total 49 reported intervals including 1.10 metres at 4.34 grams of gold per tonne from 92.20 metres; 2.20m at 8.11g/t Au from 122.90m; and 1.00m at 3.93g/t Au from 145.30m. Oriole says the results show that the mineralisation continues between the existing fence lines. Also, "there is scope to expand and partially upgrade the resource". Read More
(Alliance News) - Stock prices in London were in the green at midday on Wednesday, amid news that the UK service sector only grew slightly in January while activity slowed in the eurozone. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
(Alliance News) - Oriole Resources PLC on Monday announced drilling updates from its 90% owned Bibemi and Mbe gold projects in Cameroon. Read More
Oriole Resources PLC - West Africa-focused mineral exploration company - Provides interim results for six months ended June 30. Reports no revenue, unchanged from a year ago. However, swings to pretax profit of GBP1.1 million from GBP863,000 loss. Says profit due to gains on the amount receivable under its sharing agreement with Lanstead Capital Investors LP, under which it has received 0.24 pence per share, "significantly higher than could have been achieved in the market in mid-2023, and despite the low share price experienced at the end of last year," the company says. "Despite the initial market misgivings surrounding this financing, it has, in fact, proved beneficial at a time when raising finance in the junior mining sector was all but impossible," Oriole adds. Further, receives signature payments under its earn-in agreement with miner BCM International at Bibemi and Mbe projects in Cameroon, USD500,000 and USD1.0 million respectively. Read More
Oriole Resources PLC - West Africa-focused mineral exploration company - Provides an update for the Mbe gold project in Adamawa, Cameroon, of which it owns 80%. Following confirmation of gold from an infill soil sampling programme earlier in the year, says results from a second infill soil sampling programme over the wider Mbe licence area have identified three further zones of gold anomalism. Says that while initial results are lower than at MB01, these results are still "highly anomalous for soils", and all three zones present attractive targets for potential satellite deposits. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Oriole Resources PLC on Wednesday said it received a payment relating to the Hasancelebi and Dogala mining projects in Turkey. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Oriole Resources PLC - West Africa-focused gold exploration company - Renews exploration licence for the Senala gold project, Senegal. The new licence is valid for a period of three years from February 17. Oriole says that the surface area of the licence has been reduced by 25% to comply with the Senegalese mining code, and now stands at 354.5 kilometres squared. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More