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CLP delivers further high-grade gold results
CLP delivers further high-grade gold results.
About this update from Oriole Resources Plc
[{"type":"text","content":"\n \n \n \n Oriole Resources PLC \n \n \n \n ('Oriole Resources' or 'the Company' or 'the Group')\n \n \n \n \n \n \n Cameroon Exploration Update:\n \n \n \n \n CLP Project delivers further high-grade gold results\n \n \n \n \n \n \n Oriole Resources (AIM: ORR), the AIM-quoted exploration company focussed on West Africa,\n provides an exploration update on its 90%-owned Central Licence Package ('CLP') project in Cameroon. The district-scale CLP project comprises nine contiguous licences covering\n 4,091 square kilometres ('km\n \n \n 2\n \n \n ') of previously unexplored\n Paleo-Proterozoic to Pan-African age rocks that are highly prospective for a range of commodities, including orogenic-style gold mineralisation and lithium\n .\n \n \n \n \n \n In January 2023, the Company reported initial rock-chip sampling results of up to 134.10 grammes per tonne ('g/t') gold ('Au') from a three kilometre ('km')-long corridor of sheared and strongly altered quartz-feldspar porphyry ('QFP') and quartz veins at Mbe, one of five licences within the Eastern CLP block (announcement dated 30 January 2023). Results from an additional 27 selective rock-chip samples have returned up to 64.30 g/t Au, further endorsing the high potential of this target area.\n \n \n \n \n \n \n \n \n \n Highlights\n \n \n \n \n \n \n ·\n In January 2023, results from selective rock-chip sampling over outcropping rocks at Mbe delivered up to 134.10 g/t Au from a north-northeast trending structural corridor. The corridor, which crosscuts a broader 12.5km-long zone of gold-in soil anomalism, is 3km-long and at least 70 metres ('m') wide;\n \n \n ·\n An additional 27 selective samples (including QAQC) taken from outcropping rocks within the same corridor have returned an additional 10 samples grading over 1 g/t Au, with best results of 64.30 g/t Au, 40.80 g/t Au and 16.20 g/t Au;\n \n \n ·\n Samples were collected from a mixture of shear veins, extensional veins and the host altered QFP, all of which have returned anomalous gold, further confirming that the mineralisation is not restricted to just the quartz veining and providing early indications that Mbe could deliver a bulk-mineable deposit;\n \n \n ·\n A ground-based geophysics programme is currently underway at the Mbe anomaly to test the vein structures at depth and to h...