Oriole Resources (LON:ORR) Executive Director of Exploration Claire Bay explains how a modest drilling programme has lifted the Mbe gold resource from 1.23 million ounces to 1.66 million ounces, why the near-50% increase at MB01-S strengthens the case for a multi-million-ounce project, and where the next phase of drilling could add further scale. She also outlines the importance of nearby satellite targets, the role of partner BCM and the work required to advance Mbe towards a potential open-pit development.
Key Moments
00:09 — Mbe resource rises to 1.66 million ounces
00:28 — Why Oriole sees world-class potential
00:51 — The case for a 100,000-ounce-per-year open pit
01:31 — MB01-S grows by almost 50% after 10 holes
02:08 — Mineralisation extends across a 1.2-kilometre strike
02:29 — Satellite targets could support a larger mining operation
03:22 — Where the next ounces could come from
04:16 — Why Mbe may not be an isolated discovery
04:52 — Priorities for the next BCM work programme
05:38 — Extensional drilling, infill drilling and trenching
05:59 — Environmental work ahead of potential development
06:30 — Oriole’s attributable gold resource passes one million ounces
07:29 — Why management believes the company remains undervalued
About Oriole Resources
Oriole Resources is a gold exploration company focused on advancing projects in Cameroon, while also holding exposure to assets in Senegal. Its portfolio includes the Mbe gold project within the wider district-scale Central Licence Package, where exploration has defined growing resources at MB01-S and MB01-N alongside multiple nearby targets.
