Oriole Resources PLC

Oriole Resources' Tim Livesey encouraged by results of follow-up Dalafin drilling

Tim Livesey, chief executive of Oriole Resources PLC (LON:ORR), tells Proactive London's Andrew Scott further drilling at their Dalafin project in Eastern Senegal has indicated gold mineralisation at the Medina Bafe target continues at depth.

Oriole has an 85% stake in Dalafin, but Canadian major IAMGOLD is carrying out the exploration and can earn a 70% stake in the project if it spends US$7mln.

The best intersections were 8m at 2.56 g/t gold and 6m at 1.61 g/t at depths of 47m and 76m.

Quick facts: Oriole Resources PLC

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Oriole Resources expands area of interest in Senegal after more gold targets...

Oriole Resources PLC's  (LON:ORR) Tim Livesey tells Proactive London's Andrew Scott the area of interest at the Medina Bafe target has expanded to 16 sq km after more indications of gold were found by IAMGOLD, its partner on the project in Senegal. IAMGOLD has completed 4,167m metres of...

2 weeks, 4 days ago

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