Update on Drilling Results at Mbe Gold Project

Oriole Resources PLC (AIM: ORR), the AIM-quoted gold exploration company focused on West and Central Africa, provides an update on its 90%[1] owned Mbe orogenic gold project ('Mbe' or the 'Project') in Cameroon, one of five licences within the Company's district-scale Central Licence Package ('CLP'). BCM International ('BCM') has acquired an initial 10% interest in Mbe and is earning up to a further 40% interest by spending up to US$4 million on exploration.

Chief Executive Officer of Oriole Resources, Martin Rosser, said: "I am pleased to say that we have received the next batch of results from the maiden drilling programme at Mbe. Whilst we had indicated the Company would receive these in February, this has been later in the month than anticipated, largely due to custom related delays. The knock-on effect is that we are slightly delayed in the rigorous process of running requisite QAQC checks and the normal corporate reporting compliance steps. Rest assured that we are completing these tasks as quickly as possible and will be able to announce the results very soon."

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