Business
Mbe North Drilling Progress Update
Oriole Resources PLC has provided an update on its maiden drilling programme at the MB01-N gold prospect, with over 30% of the planned 2,950m now completed. The company anticipates releasing the first assay results in the New Year. This drilling aims to convert the existing Exploration Target for the MB01-N zone, which ranges from 15Mt to 20Mt at a grade of 0.77g/t to 0.94g/t Au, into a JORC Resource. BCM is nearing completion of US$4 million in exploration expenditure at Mbe, which will earn them a 50% interest. Disclaimer*
About this update from Oriole Resources Plc
[{"type":"text","content":"\n\nREACH\nOriole Resources PLC\n('Oriole' or the 'Company')\n \nMbe North Drilling Progress Update\n \nOriole Resources PLC (AIM: ORR), the AIM quoted gold exploration company focused on West and Central Africa, is pleased to provide a progress report on the maiden drilling programme at its MB01-N gold prospect, as announced on 24 November 2025.\n \nThe drilling is progressing well and has already passed 30% completion of the planned 2,950m total programme. We look forward to reporting the first batch of drill hole assay results in the New Year.\n \nOriole would like to wish all of its shareholders and stakeholders a very happy festive season.\n \nEnquires:\n \n\n\n\n\nOriole Resources PLC\nMartin Rosser / Bob Smeeton / Claire Bay\n \n\n\nTel: +44 (0)23 8065 1649\n\n\n\n\nStrand Hanson (Nomad & Broker)\nChristopher Raggett / James Spinney / Edward Foulkes\n \n\n\nTel: +44 (0)20 7409 3494\n\n\n\n\nIFC Advisory Ltd (Financial IR & PR)\nTim Metcalfe / Graham Herring / Florence Staton\n \n\n\nTel: +44 (0)20 3934 6632\[email protected]\n\n\n\n\n \nNotes to Editors:\n \nOriole 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.\n \nAt its district scale Central Licence Package, the Company has identified multi-kilometre long gold anomalies including at its flagship Mbe project. At Mbe, the Company has published a JORC Inferred MRE of 870,000oz at 1.09g/t Au for the MB01-S zone, and an Exploration Target range of 15Mt to 20Mt at a grade of 0.77g/t to 0.94g/t Au for 370,000oz to 605,000oz contained gold for the MB01-N zone. A fully funded maiden drilling programme commenced in November 2025 at MB01-N with the aim of converting the existing Exploration Target to a Resource. BCM is nearing completion of US$4 million in exploration expenditure at Mbe, which will see it earn a 50% interest.\n \nThe Company has also reported a Resource of 460,000oz contained gold at 2.06g/t Au in the JORC Indicated and Inferred categories at its 50% owned Bibemi project, where it has applied for an exploitation licence. In November 2025, BCM International completed its earn-in to a 50% interest in Bibemi by meeting certain payment cond...