Oriole Resources PLC SP Angel Analyst Coverage

TIDMORR

Oriole Resources PLC

13 December 2022

Oriole Resources PLC

('Oriole Resources' or 'the Company' or 'the Group')

SP Angel Analyst Coverage

Oriole Resources (AIM: ORR), the AIM-quoted exploration company focussed on West Africa, announces that its broker, SP Angel, has released analyst coverage following the maiden JORC-compliant Mineral Resource Estimate of 305,000 oz grading 2.19 g/t gold Inferred at the Bibemi gold project, in Cameroon. The coverage is available to view on Research Tree at the following link: https://bit.ly/3UNXBIh

For further information please visit www.orioleresources.com , @OrioleResources on Twitter, or contact:

 
 Oriole Resources PLC                       Tel: [phone] 
  Tim Livesey / Claire Bay / Bob Smeeton 
 BlytheRay (IR/PR contact)                  Tel: [phone] 
  Tim Blythe / Megan Ray / Rachael Brooks 
 Grant Thornton UK LLP                      Tel: [phone] 
  Samantha Harrison / George Grainger 
  /Ciara Donnelly 
 SP Angel Corporate Finance LLP             Tel: [phone] 
  Ewan Leggat / Harry Davies-Ball 
 

Notes to Editors:

Oriole Resources PLC is an AIM-listed gold exploration company, operating in West Africa. It is focussed on early-stage exploration in Cameroon, where the Company has recently reported a maiden Resource of 305,000 oz Au in the JORC Inferred category at the Bibemi project and has identified multi-kilometre gold and lithium anomalism within the district-scale Central Licence Package project. At the more advanced Senala gold project in Senegal, IAMGOLD is the operator and has the option to spend US$8 million to earn a 70% interest. Under the terms of the Option Agreement, IAMGOLD has recently met its first commitment by spending US$4 million within an initial four years and will shortly acquire a 51% interest in Senala. The Company also has several interests and royalties in companies operating in East Africa and Turkey that could deliver future cash flow.

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December 13, 2022 07:42 ET (12:42 GMT)