17th Aug 2022 15:31
Oriole Resources PLC - London-based gold exploration company focused in Cameroon and Senegal - Updates on the 90%-owned Central Licence Package project in Cameroon. Receives results for 3,553 soil samples from the Eastern CLP, which confirms anomalous results in all grids. The best results include 520 parts per billion gold, 463 ppb gold, and 11ppb gold, with 12 samples equal to or above 51 ppb gold.
"We are pleased to report outstanding results from this early stage prospectivity work in the CLP. We are extremely encouraged by the addition of another batch of positive gold-in-soil anomalies, as well as the extension to our longest existing anomaly in the Mbe licence, where additional sampling has extended the target zone to over 12 kilometres," says Chief Executive Officer Tim Livesey.
Current stock price: 0.18 pence, down 7.8% on Wednesday
12-month change: down 62%
By Elizabeth Winter; [email protected]
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