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Final Results Phase 1 Trenching - Bibemi
Final Results Phase 1 Trenching - Bibemi.
About this update from Oriole Resources Plc
[{"type":"text","content":"\n \nRNS Number : 6254Z Oriole Resources PLC 21 May 2019 \n\nOriole Resources PLC \n('Oriole Resources' or 'the Company')\n \nFinal Results Phase 1 Trenching \n- Bibemi Gold Project, Cameroon \n \nOriole Resources, the AIM-quoted exploration company focused on West Africa, is pleased to provide an exploration update for Cameroon, where it is earning up to a 90% interest in the Bibemi and Wapouzé gold projects. The projects are held by Bureau d'Etudes et d'Investigations Géologico-minières, Géotechniques et Géophysiques SARL (\"BEIG3\"), through its wholly-owned subsidiaries Reservoir Minerals (BVI) Cameroon and Reservoir Minerals Cameroon Sarl. Final results are reported for Phase 1 trenching at Bibemi, following initial intersections reported earlier in the year (announcement dated 6 March 2019) and rock-chip sampling results in the fourth quarter of 2018 that demonstrated high-grade gold anomalism (up to 135.4 grammes per tonne (\"g/t\") gold (\"Au\")) extending over a four kilometre (\"km\") strike (announcement dated 27 November 2018). \n \nThe results reported today include a best intersection of nine metres (\"m\") at 3.14 g/t Au, returned from trench BT-021, located towards the northern extent of the central Bakassi zone. Within this is a higher grade interval of 13.12 g/t Au over 2m, which correlates-well with multiple \"bonanza\" grade rock-chip samples yielded from nearby quartz veins. \n \nAt the earlier-stage Wapouzé project, circa 20km to the north, Phase 1 infill soil sampling has recently been completed and results for a 639 soil samples and 123 rock-chip samples are expected later this quarter.\n \nOriole is a first-mover in Cameroon and, based on results received to date, is looking to expand its position in the country during the year.\n \nHighlights:\n· Final results received for Phase 1 trenching at the Bakassi Zone (BT-014 to BT-023), Bibemi. Best results (>0.10 g/t Au) include:\no 9m at 3.14 g/t Au (BT-021)\n§ including 2m at 13.12 g/t Au;\no 1m at 4.53 g/t Au (BT-019);\no 16m at 0.50 g/t Au, 2m at 1.27 g/t Au and 2m at 0.84 g/t Au (BT-023);\no 2m at 1.58 g/t Au (BT-015);\no 1m at 2.27 g/t Au (BT-017);\no 2m at 0.92 g/t Au and 1m at 0.56 g/t Au (BT-018); &nbs...