Oriole Resources (AIM:ORR) has gained a 50% interest in the Mbe Gold Project in Cameroon, after completing a maiden diamond drilling program at the MB01-N target.
The program, which began in November 2025, comprises 15 holes for 3,000m of drilling to maximise conversion from an exploration target to a resource estimate.
MB01-N has an exploration target of 15 million tonnes to 20 million tonnes @ 0.77-0.94 grams per tonne gold for 370,000 to 605,000 ounces of contained gold.
Results for six holes are expected later this current quarter. Once received, Oriole’s consultant will prepare a maiden resource for the target to add the existing 870,000 ounces of contained resource at the nearby MB01-S deposit.
CEO Martin Rosser says the drilling crew and support personnel have been working tirelessly to achieve this program on time and with “excellent” core recovery.
The Mbe Project represents the flagship asset for Oriole and is underlain by 312km2 of previously unexplored paleo-proterozoic to pan-African age rocks that are prospective for a range of commodities.
Oriole Resources is a gold explorer focused on discoveries in Cameroon and West Africa.
Write to Aaliyah Rogan at Mining.com.au
Images: Oriole Resources
