RE: The 2,000,000oz Catalyst is Near25 Mar 2026 09:52
O MBDD036 has confirmed that the system extends approximately 700m in a north-south direction and it remains open in all directions.
o Mineralisation within both MBDD039 and MBDD038 is predominantly hosted by sulphide-telluride veinlets with MBDD039 returning the widest intersection to date at MB01-N.
o The Company's consultant will now prepare a maiden JORC Resource for the MB01-N target, which will be published in Q2-2026 and is expected to add significantly to the existing 870,000oz JORC Resource at the nearby MB01-S deposit.
o Meanwhile, the Oriole and BCM teams are preparing to commence a fully funded 2,500m step-out drilling programme at MB01-S, which is expected to add further ounces to the global resource base at Mbe later this year.
Chief Executive Officer of Oriole Resources, Martin Rosser, said: "The final drilling results from MB01-N have seen the programme finish on a high, with more impressive wide mineralised intersections, notably in hole MBDD039 with 56.2m at almost 1g/t from very near surface.
"We are very much looking forward to our consultant's maiden MRE for MB01-N, due in Q2-2026, and the commencement of the fully funded 2,500m step-out drilling programme at MB01-S."
Have a feeling just MB is going to be a 2,000,000oz+ resource based on this....