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.
Select text to share a quote on X · sign in to keep highlights & notes in your ORR notes
Oriole 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.
The 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.
Oriole would like to wish all of its shareholders and stakeholders a very happy festive season.
Enquires:
| Oriole Resources PLC Martin Rosser / Bob Smeeton / Claire Bay | Tel: +44 (0)23 8065 1649 |
| Strand Hanson (Nomad & Broker) Christopher Raggett / James Spinney / Edward Foulkes | Tel: +44 (0)20 7409 3494 |
| IFC Advisory Ltd (Financial IR & PR) Tim Metcalfe / Graham Herring / Florence Staton | Tel: +44 (0)20 3934 6632 oriole@investor-focus.co.uk |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.