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Bibemi Drilling confirms visible gold at Lawa Prospects | 12 April 2021

12 April 2021 | 15:11pm StockMarketWire.com - Oriole Resources, the AIM-quoted exploration company focussed on West Africa, announced that visible free gold mineralisation has been identified at its 51% owned Bibemi gold project in Cameroon. The company reported that visible free gold mineralisation has been identified in multiple holes at the Lawa West prospect and the Lawa East prospect. The programme is focussed on testing the depth extension of surface gold mineralisation identified at four key prospects - Bakassi Zone 1, Bakassi Zone 2, Lawa West and Lawa East - within a 8.3-kilometre-long orogenic gold system that remains open to the southwest. The gold is hosted by quartz-tourmaline veins up to one metre wide, at a downhole depth of approximately 70 metres, and has a strong association with pyrite, occurring as both finely disseminated and coarser grains, some of which is visible in the pre-cut core in the holes at Lawa West.

Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Bibemi Drilling confirms visible gold at Lawa Prospects

Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Bibemi Drilling confirms visible gold at Lawa Prospects
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

Oriole News Headlines ORR Share News Financial News Articles for Oriole Resources Plc Ord 0 1P updated throughout the day

Mon, 18th Jan 2021 11:15 (Alliance News) - Oriole Resources PLC on Monday said the 10,000 metre air core drilling programme at its Senala project in Senegal was completed as scheduled and results from its maiden diamond drilling programme at the Bibemi project in Cameroon are due later this quarter. Shares in Oriole were up 20% at 1.08 pence in London in late morning trading. Oriole, an exploration company focused on west Africa, said results from its Senala air core programme, completed by IAMGOLD, are expected in the first quarter. The goal of the drilling is to better define the geochemical footprint of gold mineralisation at the Fare prospect at Senala. Subject to the results, IAMGOLD intends to conduct 5,000 metres of follow-up drilling and 1,00 metres of diamond test drilling.

Rock-Chip Results from Bibemi Extends Gold System, 15 Dec 2020 01:00

  Update on Commencement of Maiden Drill Programme   Oriole Resources PLC (AIM: ORR), the AIM-quoted exploration company focussed on West Africa, provides an update on its Bibemi project ( Bibemi ) in Cameroon. The Company is pleased to report that recent mapping and selective rock-chip sampling to the south west of the main Bakassi area ( Bakassi ) has identified two new prospects, Lawa West and Lawa East (the Prospects ), which have returned results of up to 11.68 grammes per tonne ( g/t ) gold ( Au ) and 22.38 g/t Au respectively.   The results have extended the known gold system at Bibemi by three kilometres ( km ) to 8.3km and mineralisation remains open to the south west. The Company plans to test the new Prospects with eight drill holes and, together with further three holes at Bakassi Zone 1, the planned maiden diamond drilling programme now stands at 28 holes for 3,080 metres ( m ). The rig is now expected to arrive in Cameroon in late December 2020, following mi

UK TRADING UPDATE SUMMARY: Triple Point Social Ups Credit Facility

UK TRADING UPDATE SUMMARY: Triple Point Social Ups Credit Facility Tue, 15th Dec 2020 22:00 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Triple Point Social Housing REIT PLC - London-based real estate investment trust - Increases existing revolving credit facility jointly provided by Lloyds Bank PLC and NatWest Bank PLC. The RCF will increase to GBP160 million from GBP130 million. Has also simultaneously extended the RCF s initially agreed four-year term by a year to December 2023. The term of the RCF may be extended by a further year, to December 2024.

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