Also excellent grades21 Jan 2021 16:03
In Cameroon, the Company anticipates first results from its maiden diamond drilling programme at the Bibemi project ('Bibemi') later this quarter and into Q2 (announcement dated 15 December 2020). The total planned programme now stands at 28 holes for 3,080m and will focus on testing the depth extension of surface gold mineralisation identified at four main prospects - Bakassi Zone 1, Bakassi Zone 2, Lawa West and Lawa East - that occur over an 8.3-kilometre-long system. Best results from the work completed to date include up to 135.40 g/t Au from selective rock-chip sampling (announcement dated 27 November 2018) and 9m grading 3.14 g/t Au from trench sampling (announcement dated 21 May 2019). Completion of the drilling programme at Bibemi is expected to see Oriole satisfy the conditions for the Company to earn a 90% interest in Bibemi and the nearby Wapouzé project ('Wapouzé').