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Share Price: 0.325

Bid: 0.325

Ask: 0.34

Change: 0.00 (0.00%)

Spread: 0.015 (4.615%)

Open: 0.35

High: 0.35

Low: 0.325

Prev. Close: 0.3325

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IN BRIEF: Oriole Resources up after extending Senala licence to 2027

Mon, 08th Apr 2024 12:42

Oriole Resources PLC - West Africa-focused gold exploration company - Renews exploration licence for the Senala gold project, Senegal. The new licence is valid for a period of three years from February 17. Oriole says that the surface area of the licence has been reduced by 25% to comply with the Senegalese mining code, and now stands at 354.5 kilometres squared.

Oriole notes that in February, AGEM Senegal Exploration Suarl, a subsidiary of the Moroccan mining company Managem Group, completed a six-year USD5.8 million earn-in for Senala, granting it a roughly 59% beneficial interest.

Current stock price: 0.36 pence per share, up 12% in London on Monday

12-month change: More than doubled from 0.14 pence in April 2023

By Hugh Cameron, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News

6 Jun 2019 11:46

Oriole Resources Samples Support Significant Wapouze Gold Anomalies

LONDON (Alliance News) - Mineral exploration firm Oriole Resources PLC said Thursday samples from a gold project in Cameroon have delivered "significant" gold anomalism, supporting in in

29 Apr 2019 13:55

Oriole Resources Receives Tax Repayment Of GBP522,000 From HMRC

LONDON (Alliance News) - Oriole Resources PLC said Monday that it has received a repayment of GBP522,000 from Her Majesty's Revenue & Customs following the positive resolution of its value

13 Mar 2019 12:58

Oriole Annual Loss Narrows On Costs Cut, Continues Project Development

LONDON (Alliance News) - Oriole Resources PLC on Wednesday said its loss narrowed in 2018, thanks to its cost reduction programme.The AIM-listed exploration company, which operates in and a

6 Mar 2019 15:34

Oriole Resources pleased with latest results from Cameroon

(Sharecast News) - Africa and Europe-focussed exploration company Oriole Resources updated the market on its activities in Cameroon on Wednesday, where it is earning up to a 90% interest in the Bibemi and Wapouzé gold projects.

21 Feb 2019 10:48

Oriole Resources Receives GBP40,000 UK Tax Rebate For Research Work

LONDON (Alliance News) - Gold exploration firm Oriole Resources PLC said Thursday it has received GBP40,000 in a tax rebate from the UK in relation to its research & development tax relief had

31 Jan 2019 14:35

Oriole To Receive GBP500,000 From UK HMRC After Resolving Tax Dispute

LONDON (Alliance News) - Oriole Resources PLC confirmed on Thursday it expects to get GBP500,000 from the UK tax authority following the resolution of a tax dispute.In 2017, HMRC ruled that

27 Nov 2018 10:30

Oriole Resources Shares Jump After "Excellent" Results From Cameroon

LONDON (Alliance News) - Shares in Oriole Resources PLC rose on Tuesday after the exploration company reported "excellent results" from its rock-chip sampling programme at the Bibemi in

19 Nov 2018 17:46

Oriole Resources To Delay Drill Programme, Cameroon Partner Builds Lab

LONDON (Alliance News) - Oriole Resources PLC said is local partner in Cameroon has installed a sample preparation laboratory and announced that it will delay its drill programme.As in the

25 Oct 2018 15:01

Oriole Resources partner makes solid progress at Dalafin

(Sharecast News) - Africa and Europe-focussed exploration company Oriole Resources announced the results of systematic air core (AC) drilling at its 85%-owned Dalafin project in the Kédougou-Kéniéba inlier of eastern Senegal on Thursday.

25 Oct 2018 11:47

Oriole Resources Encouraged By Latest Dalafin Project Results

LONDON (Alliance News) - Oriole Resources PLC said on Thursday "broad" zones of gold have been found at its Dalafin project in eastern Senegal.Oriole, formerly known as Stratex an