Oriole Resources paving the way for Cameroon’s first gold mine

focusIR - A podcast by focusIR

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Oriole Resources (LON:ORR) is an AIM-quoted gold exploration company which has discovered a potential new gold district in Cameroon, and exploration programmes there have culminated in the signing of earn-in agreements at its Bibemi and Mbe projects. Martin Rosser joined the company as Chief Executive in May and is determined to deliver the value he believes the company has. “The team that I've got to know is a first-class team of very capable professionals. Very dedicated,” says Rosser. “We've got an excellent position in two countries, in particular in Cameroon, where we're leading the way to develop what we hope will be a significant gold mining industry. We're well supported by the government at the regional and national level and we think our properties have considerable potential on the outside to generate massive value for shareholders.” In this interview, investors will learn: - If the company plans to evolve from explorer to developer of its two major projects in Cameroon - How joint partnerships and earn-in relationships will assist Oriole’s strategy. - Whether the company would consider any more non-Africa located assets to invest or explore in? - Why the CEO is confident the company will remain well funded. - How the subscription of £1.7 million by major shareholder Landstead has been advantageous for shareholders. Reasons to add ORR to your watchlist: - The company has an 82.2% interest in exploration project Bibemi which has a JORC inferred resource and is progressing through the stages of feasibility. - A major trenching programme has been completed at Mbe, and the company anticipates a maiden drilling program on the asset will start later this year. - Martin Rosser is a mining engineer professional with considerable experience of building and operating gold mines, both underground and open pit. - The projects in Cameroon are well supported by the Ministry of Mines. - Oriole also has an exploration asset in Senegal, which the company describes as a ‘very exciting gold property.”