Oriole Resources presents Mbe gold project with 1.66 million ounces in inferred resources
Bitget2026/10/25 20:58- 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: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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