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Significant Gold Anomalism Defined
Significant Gold Anomalism Defined.
About this update from Oriole Resources Plc
[{"type":"text","content":"\n \nRNS Number : 3509B Oriole Resources PLC 06 June 2019 \n\nOriole Resources PLC \n('Oriole Resources' or 'the Company')\n \nSignificant Gold Anomalism Defined by Phase 2 \nSoils Programme at Wapouzé Project, Cameroon \n \nOriole Resources, the AIM-quoted exploration company focussed on West Africa, is pleased to provide an exploration update for the Wapouzé gold project (\"Wapouzé\" or the \"Project\") in Cameroon, where it is earning up to a 90% interest. The Project is 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. \n \nPhase 2 infill soil sampling at the Bataol zone has returned up to 210 parts per billion (\"ppb\") gold (\"Au\"), providing support for the multiple >10 ppb gold-in-soil anomalies identified during the Phase 1 programme (announcement dated 18 March 2019), and defining more clearly the zones of higher-grade mineralisation within those anomalies. This includes a >60 ppb Au anomaly towards the southwestern-end of the Bataol Zone, which extends over a strike length of 1 kilometre (\"km\"). \n \n \nHighlights:\n· Results for Phase 2 infill soil sampling over Bataol Zone have supported and refined the >10 ppb gold-in soil anomalism defined during Phase 1:\no 3 samples > 100 ppb Au - peak assay of 210 ppb Au; \no 45 samples >20 ppb Au; and \no 123 samples >10 ppb Au.\n· Definition of a >60 ppb Au anomaly over a 1km by 300 metre (\"m\") area within the previously identified 2.8 km anomaly (>10 ppb Au) at Bataol Zone;\n· Higher grade anomalism appears to be associated with a northeast-trending silicified metasedimentary unit, possibly exploiting a shear zone;\n· Petrography and x-ray difraction (\"XRD\") analysis of key lithologies is currently underway;\n· Next phase of work is currently being designed ahead of the next dry season.\n \n \nOriole Resources CEO, Tim Livesey, said: \"The ongoing positive soils results from the infill sampling at the Bataol zone are very encouraging. Seeing 0.2 g/t Au peaks in soil sampling is a pretty good indicator that t...