Oriole Resources shares investor presentation details

LONDON - Oriole Resources PLC (AIM: ORR), a company specializing in gold exploration in West Africa, announced that it will make its latest Investor Presentation available on its website today at 13:00 BST. The presentation coincides with a live session and Q&A on the Investor Meet Company platform, where investors can engage directly with the company’s management.

The presentation aims to update shareholders and potential investors on Oriole’s progress, particularly its exploration activities in Cameroon and Senegal. In Cameroon, the company has reported a JORC Inferred Resource of 375,000 ounces of gold at its 90% owned Bibemi project. Additionally, Oriole has discovered extensive gold and lithium anomalies within its Central Licence Package project in the region.

As part of its strategic partnership, BCM International is working towards earning up to a 50% interest in the Bibemi and Mbe projects, committing to a combination of signature payments and exploration expenditures that could total up to US$8 million, along with resource-based success payments.

In Senegal, AGEM Senegal Exploration Suarl, a subsidiary of the Managem Group, has secured approximately a 59% beneficial interest in the Senala Exploration Licence. This was achieved by investing US$5.8 million over six years. The companies are now drafting a joint venture agreement to manage the project going forward.

Oriole Resources also holds interests and royalties in projects located in East Africa and Turkey, which have the potential to provide future cash payments.

The company has extended an invitation to its Investor Meet Company platform followers to attend the presentation and has allowed for the submission of questions during the live event, although the deadline for pre-submitted queries has passed.

This news article is based on a press release statement from Oriole Resources PLC.

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