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Oriole Resources Plc
Summary
| Project: | Dalafin | |
|---|---|---|
| Deposit: | Madina Bafe | |
| Location: | Senegal | |
| Commodities: | Gold | |
| Date: | 2/6/2019 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-2-2019: Oriole Resources Plc announces an Exploration/Drilling Update report for its Madina Bafe deposit at the Dalafin project. Drilling results incl. 2.0m @ 9.43g/t Au from 56m. Oriole Resources, the AIM-quoted exploration company operating in Africa | |
| Resources: | x | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | Oriole Resources, the AIM-quoted exploration company operating in Africa and Europe, is pleased to provide a positive drilling update on its 85%-owned Dalafin project in the Kédougou-Kéniéba inlier of eastern Senegal, where IAMGOLD Corporation ('IAMGOLD') has the option to spend up to US$8M to earn a 70% interest (announcement dated 1 March 2018). In Q4-2018, IAMGOLD completed an initial phase of aircore ('AC') drilling at the Madina Bafé prospect, which outlined multiple gold-in-soil anomalies (>20ppb Au) including a c.1.5km WNW-trending anomaly in south-east (announcement dated 25 October 2018). Initial results from a follow-up c.3,500m reverse circulation ('RC') and diamond ('DD') drilling programme has confirmed that the mineralisation continues at depth, delivering a best intersection of 8 m at 2.56 g/t Au. | |
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