Oriole Resources (LSE:ORR), in its financial report, hiighlighted that had more than doubled its reported gold inventory to 1.49moz for the year ended 31 December 2025, up from 530,000oz at the start of the period.
The gain was driven by the flagship Mbe district — MB01‑S delivered a maiden JORC MRE of 870,000oz at 1.09g/t and post‑period MB01‑N added 360,000oz at 1.05g/t, bringing Mbe to 1.23Moz — and an updated Bibemi BZ1 MRE of 460,000oz at 2.06g/t (100,000oz Indicated, 360,000oz Inferred). On a net basis, after BCM’s 50% earn‑ins at Bibemi and Mbe, Oriole’s attributable resource position is 980,000oz.
Technical work included metallurgical testing that achieved c.85% gold recoveries using flotation then pressure oxidation and cyanide leach, and an internal PEA that models a small‑scale 10,000oz/pa, seven‑year mine targeting ~89,000oz of Indicated gold at Bibemi.
Oriole ended the period with £2.50m cash (31 Dec 2024: £0.71m), a loss of £0.65m (2024: £0.30m) and received £2.03m in a November 2025 placing to fund drilling.
"As we look back on 2025, we are extremely pleased with the strong exploration progress and the growth in associated gold resources that has been achieved," Martin Rosser, CEO, commented.
Shareholders will receive the annual report on or before 11 May and an online investor Q&A is scheduled for 28 April.
