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Stand: ES8
- Mining & Exploration Company
Ticker: Private
Project Location: Cameroon
Commodity Exposure: Gold
Company & Project Background: Oriole Cameroon SARL, a 90%-owned subsidiary of UK-quoted Oriole Resources PLC, is focused on early-stage gold and lithium exploration within the Eastern CLP, a district-scale package of five contiguous licences in central Cameroon. The Company has already identified multi-kilometre gold anomalism at its flagship project, Mbe, and is working towards the signing of an earn-in deal with BCM International Limited whereby it will earn up to a 50% interest in the project by making a US$1m signature payment and funding US$4m in exploration expenditure, in addition to JORC resource-based success payments.
Project Location: Cameroon
Commodity Exposure: Gold
Company & Project Background: Oriole Cameroon SARL, a 90%-owned subsidiary of UK-quoted Oriole Resources PLC, is focused on early-stage gold and lithium exploration within the Eastern CLP, a district-scale package of five contiguous licences in central Cameroon. The Company has already identified multi-kilometre gold anomalism at its flagship project, Mbe, and is working towards the signing of an earn-in deal with BCM International Limited whereby it will earn up to a 50% interest in the project by making a US$1m signature payment and funding US$4m in exploration expenditure, in addition to JORC resource-based success payments.
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