RCS - Oriole Resources PLC - Greenwood Initiation Research Report

Oriole ResourcesAnnouncement

08/09/2025 07:02

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RNS Number : 3041Y  Oriole Resources PLC  08 September 2025

Oriole Resources PLC

("Oriole Resources" or the "Company")

 

Greenwood Initiation Research Report

Oriole Resources PLC (AIM: ORR), the AIM-quoted gold exploration company
focused on West and Central Africa, is pleased to announce that, after a
recent site visit by its research analyst, Greenwood Capital Partners has
published an initiation research report (the "Report") on the Company,
commissioned by Oriole.

The Report, entitled Time for Oriole to chirp a bit louder, is available to
view on the Company's website at
https://orioleresources.com/investors/analyst-coverage/
(https://orioleresources.com/investors/analyst-coverage/)

 

Enquiries:

 Oriole Resources Plc                                  Tel: +44 (0)23 8065 1649
 Martin Rosser / Bob Smeeton / Claire Bay

 Strand Hanson Limited (Nomad & Broker)                Tel: +44 (0)20 7409 3494
 Christopher Raggett / James Spinney / Edward Foulkes

 IFC Advisory Ltd (Financial IR & PR)                  Tel: +44 (0)20 3934 6630
 Tim Metcalfe / Graham Herring / Florence Staton       oriole@investor-focus.co.uk

 

 

Notes to Editors

 

Oriole Resources PLC is an AIM-quoted gold exploration company, with projects
in West and Central Africa.  It is focused on early-stage exploration in
Cameroon, where the Company has reported a Resource of 460,000oz contained
gold at 2.06g/t Au in the JORC Indicated and Inferred categories at its 90%
owned Bibemi project and has identified multi-kilometre gold anomalies within
the district scale Central Licence Package project, including the Mbe
project.  At Mbe, the Company has published a maiden Exploration target range
of 33 to 44Mt at a grade of 0.77 to 0.95g/t Au for 0.82Moz to 1.34Moz
contained gold for the MB01 prospect, and a maiden Resource for the MB01-S
target is scheduled for Q4-2025.  BCM International is currently earning up
to a 50% interest in the Bibemi and Mbe projects in return for a combined
investment of US$1.5 million in signature payments, up to US$8 million in
exploration expenditure, as well as JORC resource-based success payments.

 

At the Senala gold project in Senegal, AGEM Senegal Exploration Suarl
('AGEM'), a wholly owned subsidiary of Managem Group, has completed a six-year
earn-in to acquire an approximate 59% beneficial interest in the Senala
Exploration Licence by spending US$5.8 million.  The Company has reported a
Resource of 155,000oz contained gold at 1.26g/t Au in the JORC Inferred
category for the Faré South prospect, and an additional, complementary
Exploration Target range of 17 to 24Mt at a grade of 0.69 to 0.84g/t
Au for 380,000 to 650,000oz contained gold for all prospects at Senala.
Discussions on the formation of a joint venture company are currently
underway.  The Company also has several interests and royalties in companies
operating in East Africa and Turkey that could give future cash payments.

 

For further information please visit www.orioleresources.com
(http://www.orioleresources.com) ,  @OrioleResources on X

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