Proactive - Interviews for investors

Oriole Resources says high-grade gold results reshape Mbe outlook

Episode Summary

Oriole Resources PLC executive director Claire Bay talked with Proactive's Stephen Gunnion about the latest high-grade drilling results from the company’s maiden 7,000m diamond drilling programme at the Mbe Project in Cameroon. Bay reported that three new holes delivered some of the highest gold grades so far, including an intersection of over six metres at nearly 20g/t, and a standout 1m at 119g/t. These results, she explained, support both high-grade sweet spots and broader low-grade zones. “Really, those two intersections that I flagged… they’re summarising the overall story we have here at Mbe,” she said. The project’s exploration target, based on earlier data, was estimated at 38 million tonnes at a mean grade of 0.86g/t, or around 1.10 million ounces of gold. Bay said the latest drill results are already challenging the upside of that figure. The subsurface system now spans 450m in width, 400m in length and 290m in depth, and remains open in all directions. Rock chip samples from artisanal pits 150m outside the current target area also returned grades up to 13g/t, suggesting further upside. With over 90% of drilling complete and results from the final five holes expected soon, the maiden Mineral Resource Estimate remains on track for release in Q4. For more interviews, visit Proactive’s YouTube channel. Don’t forget to like this video, subscribe, and turn on notifications for the latest updates. #OrioleResources #GoldExploration #CameroonMining #MbeProject #DrillingResults #GoldInvesting #JuniorMining #ResourceEstimation #HighGradeGold #ProactiveInvestors