5 Jan 2023 07:00
Oriole Resources Plc
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('Oriole' or 'the Company')
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Investor Presentation
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Oriole Resources PLC, the AIM-quoted gold exploration company focussed on West Africa, has released an updated Investor Presentation to the Company's website, which can be viewed at the following link: https://orioleresources.com/investors/reports-presentations/
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For further information please visitΒ www.orioleresources.com, Β @OrioleResources on Twitter,Β
or contact:
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Oriole Resources PLC Tim Livesey / Bob Smeeton / Claire Bay Β | Tel: +44 (0)20 7830 9650 |
BlytheRay (IR/PR contact) Tim Blythe / Megan Ray / Rachael Brooks Β | Tel: +44 (0)20 7138 3204 |
Grant Thornton UK LLP Samantha Harrison / George Grainger / Ciara Donnelly Β | Tel: +44 (0)20 7383 5100 |
SP Angel Corporate Finance LLP Ewan Leggat / Harry Davies-Ball Β | Tel: +44 (0)20 3470 0470 |
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Notes to Editors:
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Oriole Resources PLCΒ is an AIM-listed gold exploration company, operating inΒ West Africa. It is focussed on early-stage exploration inΒ Cameroon,Β where the Company has recently reported a maiden Resource of 305,000 oz Au in the JORC Inferred category at the Bibemi project and has identified multi-kilometre gold and lithium anomalism within the district-scale Central Licence Package project. At the more advanced Senala gold project inΒ Senegal, IAMGOLD is the operator and has the option to spendΒ US$8 millionΒ to earn a 70% interest. Under the terms of the Option Agreement, IAMGOLD has recently met its first commitment by spendingΒ US$4 millionΒ within an initial four years and will shortly acquire a 51% interest in Senala. The Company also has several interests and royalties in companies operating in EastΒ AfricaΒ andΒ TurkeyΒ that could deliver future cash flow.
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