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Oriole Resources PLC - AIM-quoted exploration company focussed on West Africa - Says drilling programme completed for a total 3,118 metres in 29 holes at its 51%-owned Bibemi gold project in Cameroon. However, the company says it has been made aware of delays at the assaying laboratory in Cote d'Ivoire that have impacted turnaround times for the results, predominantly due to the widely-reported national power outages. As of Sunday, Oriole says a total of 1,401 samples had been received by the laboratory for assaying. A further 1,754 samples are currently being prepared for dispatch to the laboratory. The company says it still anticipates that full results for the programme will be released before the end of the second quarter of 2021.
Current stock price: 0.77 pence, up 6.2% on Monday
Year-to-date change: up 73%
By Evelina Grecenko; evelinagrecenko@alliancenews.com
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