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Oriole Resources secures majority stake in Reservoir Minerals Cameroon Tue, 6th Apr 2021 14:31 (Alliance News) - Oriole Resources PLC on Tuesday said it has acquired a 51% interest in Reservoir Minerals Cameroon Sarl for its early-stage exploration licences. RMC is the holding company for the Bibemi and Wapouze orogenic gold projects in northern Cameroon. Oriole said it acquired at no additional cost a majority interest in RMC s three newly granted licences in central Cameroon. AIM-listed Oriole recently completed USD1.6 million of exploration funding over two years at the Bibemi and Wapouze projects, and has now formalised its 51% ownership of RMC. Oriole said it expected to reach its second expenditure commitment, giving it a 90% interest in licences in the five Cameroonian mining projects, once the ongoing drilling programme at Bibemi is completed.

Tim liveseyOriole resourcesReservoir minerals cameroon sarlAlliance newsOriole chief executive officer timCentral cameroonWill paigeAll rightsநேரம் லைவ்ஸிஓரிொலே வளங்கள்நீர்த்தேக்கம் தாதுக்கள் கேமரூன் சார்ல்கூட்டணி செய்திஓரிொலே தலைமை நிர்வாகி அதிகாரி நேரம்மைய கேமரூன்விருப்பம் பைஜ்அனைத்தும் உரிமைகள்