Oriole Resources (AIM:ORR) has released the final assay results from its ten-hole step-out diamond drilling programme at the MB01-S deposit in Cameroon, with the best intersection returning 16.40 metres at 1.65 grams per tonne gold, including a 3.00-metre interval grading 4.72g/t Au.
The AIM-listed gold exploration company's Phase 3 programme at the 50%-owned Mbe orogenic gold project targeted lateral and depth extensions to the existing 870,000-ounce contained gold mineral resource estimate (MRE), drilled to JORC standards.
The two final holes, MBDD048 and MBDD049, together returned 13 mineralised intersections and confirmed a south-eastward extension to the orebody, adding to the northern and western extensions reported earlier in the programme.
Chief Executive Martin Rosser said the results "should increase the total resource at MB01-S from the current 870koz Au," and flagged that MBDD049, the most easterly hole drilled to date, supports the potential for further mineralised zones at depth to the east of the Phase 1 drilling area.
An updated JORC MRE for MB01-S is now being prepared by the company's independent geological consultant and is expected later in the third quarter of 2026.
Any uplift to the MB01-S figure would increase the total resource across both deposits at Mbe, which currently stands at 1.23 million ounces of contained gold.
