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IN BRIEF: Oriole Resources says drilling finds zones of gold anomalism

13th Aug 2024 20:15

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.

Current stock price: 0.28 pence

12-month change: more than doubled

By Jeremy Cutler, Alliance News reporter

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Copyright 2024 Alliance News Ltd. All Rights reserved.

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