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RNS Number : 4741N Oriole Resources PLC 23 January 2023
Oriole Resources PLC
('Oriole Resources' or 'the Company' or 'the Group')
Death of Cameroon's Mining Minister
Oriole Resources PLC, the AIM-quoted gold exploration company focussed on West
Africa, reports that Cameroon's Minister of Mines, Industry and Technological
Development, Gabriel Dodo Ndoke, passed away suddenly in the early hours of
Saturday morning. The Company would like to send its deepest condolences to Mr
Ndoke's family, friends and colleagues during this difficult time.
Oriole CEO, Tim Livesey, said: "We are deeply saddened to learn that the
Minister of Mines, Gabriel Dodo Ndoke, passed away over the weekend. Minister
Ndoke was highly supportive of the Company's work in Cameroon and, through his
leadership, has helped to position Cameroon as an emerging and
highly-attractive mining destination. Our thoughts and sympathy go out to all
those that had the pleasure of knowing him."
** ENDS **
For further information please visit www.orioleresources.com
(http://www.orioleresources.com) , @OrioleResources on Twitter,
or contact:
Oriole Resources Plc Tel: +44 (0)20 7830 9650
Tim Livesey / Bob Smeeton / Claire Bay
BlytheRay (IR/PR Contact) Tel: +44 (0)20 7138 3204
Tim Blythe / Megan Ray / Rachael Brooks
Grant Thornton UK LLP Tel: +44 (0)20 7383 5100
Samantha Harrison / George Grainger / Ciara Donnelly
SP Angel Corporate Finance LLP Tel: +44 (0)20 3470 0470
Ewan Leggat / Harry Davies-Ball
Notes to Editors:
Oriole Resources PLC is an AIM-listed gold exploration company, operating
in West Africa. It is focussed on early-stage exploration
in Cameroon, where the Company has recently reported a maiden Resource of
305,000 oz Au in the JORC Inferred category at the Bibemi project and has
identified multi-kilometre gold and lithium anomalism within the
district-scale Central Licence Package project. At the more advanced Senala
gold project in Senegal, IAMGOLD is the operator and has the option to
spend US$8 million to earn a 70% interest. Under the terms of the Option
Agreement, IAMGOLD has recently met its first commitment by spending US$4
million within an initial four years and will shortly acquire a 51% interest
in Senala. The Company also has several interests and royalties in companies
operating in East Africa and Turkey that could deliver future cash flow.
.
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