Recibo del pago de la firma Bibemi de 450,000 dólares estadounidenses
Recursos Oriole PLC
('Oriole Resources' o 'Oriole' o 'la Compañía')
Recibo del pago de la firma Bibemi de 450,000 dólares estadounidenses
Oriole Resources (AIM: ORR), the AIM-quoted gold exploration company focussed on West Africa, is pleased to report that, following the recently-executed definitive earn-in agreement on its Bibemi gold project in Cameroon, it has received the remaining US$450,000 signature payment from BCM International Limited ('BCM'; announcement dated 5 January 2024).
As previously announced, expenditure against BCM's US$4 million funding commitment at Bibemi has already commenced, with approximately US$72k received to support camp upgrades and ongoing technical studies ahead of the application for an exploitation licence in 2024. Drilling is expected to resume at Bibemi in Q1-2024 and further details on the programme will be provided in due course.
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Se considera que la información contenida en este anuncio constituye información privilegiada según lo estipulado en la versión retenida de la ley de la UE del Reglamento de abuso de mercado (UE) No. 596/2014 (el "MAR del Reino Unido") que forma parte de la ley del Reino Unido en virtud de la Ley de la Unión Europea (Retirada) de 2018. La información se divulga de acuerdo con las obligaciones de la Compañía en virtud del Artículo 17 del MAR del Reino Unido. Tras la publicación de este anuncio, esta información privilegiada ahora se considera de dominio público.
Para más información, visite www.orioleresources.com, @OrioleResources en Twitter, o comuníquese con:
Oriole Resources Plc | Tel.: +44 (0) 23 8065 1649 |
tim livesey / Bob Smeeton / Bahía Claire | |
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BlytheRay (contacto de relaciones públicas/IR) | Tel.: +44 (0) 20 7138 3204 |
Tim Blythe / Megan Ray | |
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Grant Thornton Reino Unido LLP | Tel.: +44 (0) 20 7383 5100 |
Samantha Harrison/Ciara Donnelly | |
SP Ángel Finanzas Corporativas LLP Ewan Leggat / Harry Davies Ball
| Tel.: +44 (0) 20 3470 0470 |
Notas para los redactores:
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 a maiden Resource of 305,000 oz Au at 2.19g/t 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 Bibemi, BCM International has made a signature payment of US$500,000 to the Company and is currently earning up to a 50% interest in the project by funding up to US$4m in exploration expenditure and JORC resource-based success payments. A similar deal at Mbe (part of the Central Licence Package) is expected to be completed before the end of the current month.
At the more advanced Senala gold project in Senegal, AGEM Senegal Exploration Suarl ('AGEM'), a wholly-owned subsidiary of Managem Group, has earned an initial 51% beneficial interest in the Senala Exploration Licence by spending US$4 million and has the option to spend up to a further US$4 million by 17 February 2024 to earn an additional 19% interest in the licence. 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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