TIDMORR

Oriole Resources PLC

23 January 2023

Oriole Resources PLC

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

Death of Cameroon's Mining Minister

Oriole Resources PLC, the AIM-quoted gold exploration company focussed on West Africa, reports that Cameroon's Minister of Mines, Industry and Technological Development, Gabriel Dodo Ndoke, passed away suddenly in the early hours of Saturday morning. The Company would like to send its deepest condolences to Mr Ndoke's family, friends and colleagues during this difficult time.

Oriole CEO, Tim Livesey, said: "We are deeply saddened to learn that the Minister of Mines, Gabriel Dodo Ndoke, passed away over the weekend. Minister Ndoke was highly supportive of the Company's work in Cameroon and, through his leadership, has helped to position Cameroon as an emerging and highly-attractive mining destination. Our thoughts and sympathy go out to all those that had the pleasure of knowing him."

** ENDS **

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

or contact:

 
 Oriole Resources Plc                 Tel: +44 (0)20 7830 9650 
 Tim Livesey / Bob Smeeton / Claire 
  Bay 
 
 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.

.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRAKLLFLXFLEBBK

(END) Dow Jones Newswires

January 23, 2023 02:00 ET (07:00 GMT)

Stratex (LSE:STI)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Stratex Charts.
Stratex (LSE:STI)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Stratex Charts.