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LONDON - Oriole Resources PLC, an AIM-quoted gold exploration company, has officially changed its registered office as of today. The new location is Office 35, Steel House, 4300 Parkway, Solent Business Park, Whiteley, Fareham, PO15 7FP.
The company, which focuses on early-stage gold exploration, is active in West and Central Africa. Oriole Resources is known for its Bibemi project in Cameroon, where it has reported a JORC Resource of 460,000 ounces of contained gold at 2.06g/t Au in the JORC Indicated and Inferred categories. The project is 90% owned by Oriole and is part of a larger exploration endeavor in the region.
In addition to its activities in Cameroon, Oriole Resources has interests in the Senala gold project in Senegal. AGEM Senegal Exploration Suarl, a subsidiary of the Managem Group, has earned approximately a 59% beneficial interest in the Senala Exploration Licence through an investment of US$5.8 million over six years. Discussions to establish a joint venture company for this project are currently in progress.
The company also maintains several interests and royalties in companies operating across East Africa and Turkey, which have the potential to generate future cash payments.
This move to a new registered office comes amidst Oriole Resources’ ongoing efforts to expand and solidify its exploration activities in Africa. The information regarding the change of address is based on a press release statement from Oriole Resources PLC.
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