Oriole Resources plc (LON:ORR) is an AIM-listed gold exploration company, focused on Cameroon and West Africa.
Their main activity is exploration in Cameroon, where the Company identified multi-kilometre long gold anomalies within its Central Licence Package, including at its flagship Mbe project.
CAMEROON
Mbe
Mbe represents the flagship exploration project within the district-scale Central Licence Package (CLP) central Cameroon. It is underlain by ~312km2 of previously unexplored Paleo-Proterozoic to Pan-African age rocks that are highly prospective for a range of commodities, including orogenic-style gold mineralisation. The CLP is located to the west of the regional capital, Ngaoundéré, and Mbe is one of five licences that make up the Eastern CLP block.
Bibemi
Bibemi is a gold project with an exploitation licence application submitted. It covers highly prospective Neoproterozoic Pan-African greenstone belts in north-eastern Cameroon. The Company has a 50% interest.
CLP
CLP is a district-scale land package in central Cameroon, covering ~3,600km2 of previously unexplored Paleo-Proterozoic to Pan-African age rocks that are highly prospective for a range of commodities, including orogenic-style gold mineralisation and lithium.
Wapouzé
Wapouzé in north-eastern Cameroon was initially explored as an early-stage gold exploration prospect, however, Oriole noted the presence of large quantities of carbonate (predominantly metamorphosed limestone). Potentially, this limestone could be ideal for commercial use in Cameroon’s cement industry.
SENEGAL
Senala
Located in south-eastern Senegal, the 354.5 sq km Senala licence is positioned in the centre of the Birimian-age Kédougou-Kéniéba gold belt that extends from eastern Senegal into western Mali and has already seen multiple major gold discoveries including Terranga’s Massawa (3.4 million oz Au) and Sabodala deposits (3 million oz Au) in Senegal, and Barrick’s Loulo (12 million oz Au) and Gounkoto projects (5.8 million oz Au) in Mali.
