TIDMORR

Oriole Resources PLC

13 December 2022

Oriole Resources PLC

('Oriole Resources' or 'the Company' or 'the Group')

SP Angel Analyst Coverage

Oriole Resources (AIM: ORR), the AIM-quoted exploration company focussed on West Africa, announces that its broker, SP Angel, has released analyst coverage following the maiden JORC-compliant Mineral Resource Estimate of 305,000 oz grading 2.19 g/t gold Inferred at the Bibemi gold project, in Cameroon. The coverage is available to view on Research Tree at the following link: https://bit.ly/3UNXBIh

For further information please visit www.orioleresources.com , @OrioleResources on Twitter, or contact:

 
 Oriole Resources PLC                       Tel: +44 (0)20 7830 9650 
  Tim Livesey / Claire Bay / Bob Smeeton 
 BlytheRay (IR/PR contact)                  Tel: +44 (0)20 7138 3204 
  Tim Blythe / Megan Ray / Rachael Brooks 
 Grant Thornton UK LLP                      Tel: +44 (0)20 7383 5100 
  Samantha Harrison / George Grainger 
  /Ciara Donnelly 
 SP Angel Corporate Finance LLP             Tel: +44 (0)20 3470 0470 
  Ewan Leggat / Harry Davies-Ball

Notes to Editors:

Oriole Resources PLC is an AIM-listed gold exploration company, operating in West Africa. It is focussed on early-stage exploration in Cameroon, where the Company has recently reported a maiden Resource of 305,000 oz Au in the JORC Inferred category at the Bibemi project and has identified multi-kilometre gold and lithium anomalism within the district-scale Central Licence Package project. At the more advanced Senala gold project in Senegal, IAMGOLD is the operator and has the option to spend US$8 million to earn a 70% interest. Under the terms of the Option Agreement, IAMGOLD has recently met its first commitment by spending US$4 million within an initial four years and will shortly acquire a 51% interest in Senala. The Company also has several interests and royalties in companies operating in East Africa and Turkey that could deliver future cash flow.

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December 13, 2022 07:42 ET (12:42 GMT)

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