Tim Blythe speaks with Tim Livesey, CEO and Bob Smeeton, CFO of Oriole Resources, who trade on the London AIM Market with the ticker ORR and a current market cap of around £2.7 million. Oriole Resources are exploring for gold in West Africa.
Oriole Resources PLC is an AIM-listed exploration company, focussed on West Africa. It is focused on early-stage exploration in Cameroon (Bibemi and Wapouzé projects) and the more advanced Senala gold project in Senegal, where IAMGOLD has the option to spend US$8m to earn a 70% interest. Year 2 commitments have been met at all three projects.
The Company has several interests and royalties in companies operating throughout Africa and Turkey that could deliver future cash flow, and it continues to assess new opportunities in both regions.
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