Member Info for GodofHellfire

In November 2025, Oriole raised £1.8M in fresh capital through an oversubscribed placing at 0.24p. While the market often reacts poorly to dilution, this raise was strategic — bringing in respected institutional backers like RAB Capital, with existing shareholders (including directors) also participating.

Why does this matter? Because combined with the $8M in non-dilutive funding from BCM, Oriole is now in the rare position of being fully funded into late 2026. Drilling, resource expansion, metallurgical studies, licence advancement — it’s all covered.

Past dilution has weighed on sentiment, but the overhang is clearing. For the first time, Oriole can focus entirely on adding ounces and advancing projects without immediately tapping the market for cash. That’s exactly the runway junior explorers need to re-rate.

With money in the bank, drills in the ground, and partners onboard, Oriole’s execution risk has just been massively reduced.

Back in early 2024, Oriole signed what’s become a defining deal: a $10 million earn-in partnership with BCM International, a seasoned African mining contractor with operations across West Africa. This JV covers both Bibemi and Mbe — and more importantly, fully funds their development to key milestones.

The terms are clear. BCM can earn up to 50% of each project by investing $4M in Bibemi and $4M in Mbe, plus a $1.5M cash component to Oriole. On top of that, there are success-based bonus payments: $1M when Mbe hits 1Moz, another at 2Moz, and so on.

This is transformational for Oriole. Instead of returning to market every 6 months to raise capital, they now have a strategic partner footing the bill, aligned on proving up resources and reaching production. Drilling at Mbe North is already underway thanks to BCM funding, and technical studies at Bibemi are progressing.

A partner like BCM doesn’t commit lightly. Their involvement is a major validation of Oriole’s assets and management, and a vote of confidence in Cameroon as a rising gold frontier.

Bear!!!

Mbe might be the big new story, but Bibemi is where production could begin. Located in northern Cameroon, Bibemi is Oriole’s most advanced asset — and one now approaching a major turning point. In 2024, Oriole submitted an Exploitation Licence application to the government. Once approved (expected in 2026), Bibemi becomes Cameroon’s first permitted commercial gold mine.

The project already has a JORC-compliant resource of 460,000 oz at 2.06 g/t Au, with further ounces likely to follow as Phase 5 drilling is included in future updates. Importantly, the deposit has shown positive early metallurgy — suggesting conventional gold recovery using simple gravity and leach processes (RNS, Nov 2025).

Bibemi sits on a 17 km-long shear zone, and only one zone (Bakassi Zone 1) has been fully tested. That means even as it heads toward production, it could still grow. With BCM funding in place to support work through feasibility, and local government support increasing, Bibemi is becoming a tangible development asset, not just a drill target.

And if/when that mining licence lands, Oriole becomes more than a junior explorer — it becomes a mine developer with first-mover status in an emerging gold economy.

Https://www.linkedin.com/posts/oriole-resources-plc_operations-drilling-teamoriole-activity-7397267567855280128-3-Ky?utm_source=share&utm_medium=member_android&rcm=ACoAAARTSG0BFlF601xKijAOAM8Dcf9K2SN7alM

Another link in the chain and positive movement forward.

For Bibemi the sequence is now:

1. PEA economic results (Q4 2025)

2. ELA approval negotiations progress updates (Q1 2026)

3. Actual grant of the Exploitation Licence (Q2 2026)

4. BCM hitting its 50 percent earn-in milestones

We’ve seen Mbe’s bulk tonnage potential, but what about grade? That’s where things get even more interesting. Drilling at Mbe South didn’t just deliver wide, consistent gold zones — it hit bonanza grades in places.

One standout intercept: 1 metre at 119.1 g/t Au, within a broader mineralised zone. Another: 86.5m @ 1.36 g/t, including 39.4m @ 2.0 g/t. These aren’t anomalies. They’re consistent with high-grade shoots embedded in the broader system — perfect for starter pits or sweetening early mine economics.

The geology supports this. Mbe lies on a major shear zone system, with stacked parallel structures and strong artisanal gold evidence nearby. It’s early days, but the deposit is giving off the same signals we’ve seen in multi-million-ounce discoveries across West Africa.

The takeaway? Mbe isn’t just about size — it has the grade profile to underpin a robust, economic gold mine. And if high-grade shoots extend north and south along the corridor (which hasn’t been fully drilled), the upside could be far greater than 1Moz.

Awesome, thanks for the update both, appreciate that

As in towards the end of the row near the centre walkway

Yeah. Last or second to last row on the left, you were sitting near the centre?

Did i sit next to you at the last sharedholder event? We both asked questions...

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It’s easy to think Mbe is the full story, but it’s just one piece of a much larger play. Oriole controls the Central Licence Package (CLP) — an enormous 3,600 km² landholding in central Cameroon, straddling the Tcholliré-Banyo Shear Zone (TBSZ), a geological structure analogous to gold-bearing belts in Mali and Ghana. This is district-scale exploration in a frontier gold region.

Within the CLP, five licences form two clusters: the Eastern Block (home to Mbe) and the Western Block (including Pokor, Ndom and Niambaram). Only a fraction of this ground has been drilled. Soil sampling has revealed multiple gold anomalies across the region, and historic rock chips have returned up to 134 g/t Au.

This is what makes Oriole different. They’re not chasing leftover ounces in crowded markets. They have untapped ground with massive upside — effectively a blank canvas where they’ve already drawn first blood at Mbe. The 12.5 km Mbe corridor alone could host several deposits. And beyond that? Hundreds of targets across the CLP, many yet to be tested.

Oriole isn’t just a single-project explorer. They’re shaping up to be Cameroon’s first true gold discovery engine.

Thank you all 🙏🏻

In October 2025, Oriole Resources unveiled a transformational JORC-compliant resource of 870,000 ounces at 1.09 g/t Au at the MB01-South prospect, part of its flagship Mbe licence in central Cameroon. This figure is even more impressive when you realise it comes from just one of several gold targets along a 12.5 km mineralised corridor. Importantly, the company is not resting on that number. A 2,950m drill campaign is starting imminently at MB01-North, where Oriole has already defined an exploration target of 370,000–605,000 ounces.

The significance? If the drill results deliver within range, Mbe becomes a 1.2–1.5 million ounce project. That would instantly place Oriole in the league of Africa’s credible mid-tier explorers. Even more importantly for the balance sheet: the JV with BCM includes a $1 million bonus payment the moment 1 Moz is confirmed across the Mbe licence. That’s real cash — no dilution — triggered by drill success.

The scale is becoming undeniable. In an underexplored district, with multiple parallel anomalies, and gold open in all directions, Mbe is emerging as a cornerstone asset. The market has yet to price in that reality. But it will.

Hi all

I'm going to conduct a little experiment and it would be good if you could help. I spent just one hour this morning creating 30 posts for Oriole that tell the story in fact-based but exciting way and I'm going to post them, on here, every day for the next 30 days. It's not meant to be a ramp, it's meant to provide information to new eyeballs. New eyeballs come and go all day every day and the key is to keep these eyeballs. It's very simple.

This is a low effort approach to create awareness among retailers and professionals alike. Piquing interest so that they look into ORR more to do their own research.

WHERE I NEED YOUR HELP

1. Please don't post negative arguments. Hold it in for 30 days and let's see where we're at. I know many will scoff and think it'll make no difference whatsoever, but I ask for your reprieve, just for a bit, please! Even if you wholeheartedly disagree, please just hold it it, just for me. I'm just trying to help and I'm putting in personal time and effort, please honour that.

2. Repost the comments I post on X or other platforms like ADFN (I don't have accounts on either). Can anyone commit to this for me?

The goal of this experiment is to see a). what happens to sentiment b). what happens to the share price c). demonstrate to Oriole that promotion doesn't have to be a lengthy or time-consuming process.

It may do absolutely nothing, in which case there is no harm. Worst case, maybe it will just help remind all LTH what we're sitting on and what we're waiting for. Best case, something positive happens.

Can I count on you?

OK that makes sense. But unlikely given they are offered to shareholders already and you'd be buying at a loss right now considering the share price is already down

That doesn't make sense

Yankee's point below is the most important thing both shareholders and the board NEED to understand. The company's behaviour has created a company that is traded. This is what keeps the share price from growing. The only thing that will stop it is INCOME. Begging, giving away and stealing means traders rinse the newbies. They get burnt, they don't come back.

Repeat.

Al the while there is no proof of route to income, we'll all suffer