Oriole Resources (AIM:ORR), the AIM‑quoted gold exploration and development company focused on Central and West Africa, said the programme targeted western extensions of MB01‑S and returned 23 mineralised intersections in the two holes reported to date.
The step-out phase comprised 10 holes totalling 2,476.80m and aims to expand the current MB01‑S inferred MRE of 870koz within the 1.23Moz total Mbe resource base.
"Hole MBDD044 has a pleasing best intersection of 27.20m at 1.69g/t Au," said CEO Martin Rosser.
The 27.20m intersection from MBDD044 includes 6m at 5.81g/t Au and a 1m sample at 25.00g/t Au, and the hole appears to be the along‑strike continuation of a 27.80m at 0.79g/t Au intersection in MBDD024 located 180m to the SSE.
Oriole said structural data from the Programme support rotating the mineralised wireframes at MB01‑S from an N-S trend to a NNW-SSE orientation, which will be incorporated into the next MRE update.
Results for the remaining five holes are expected later this month and any increase at MB01‑S would also lift the 1.23Moz Mbe total.
