Oriole Resources presents Mbe gold project with 1.66 million ounces in inferred resources
Bitget2026/10/25 20:58Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Oriole Resources outlined potential for annual gold production of 100,000 ounces at its Mbe project in Cameroon, based on current resources.
- Mbe holds inferred gold resources of 1.66 million ounces, with both deposits open laterally and at depth.
- Bibemi's exploitation license remains under government review, with targeted annual production of 10,000 ounces within two years of approval.
- The Bibemi preliminary economic assessment indicates a US$12.8 million net present value and 19% internal rate of return.
- Wapouzé holds 32.2 million tonnes of inferred limestone resources, offering potential quarrying income to fund Cameroon gold exploration.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oriole Resources plc published the original content used to generate this news brief on October 25, 2026, and is solely responsible for the information contained therein.
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