Oriole Resources Presents Mbe Gold Project With 1.66 Million Ounces Inferred

Oriole Resources outlined potential annual gold production of 100,000 ounces at its Mbe project in Cameroon, based on inferred resources of 1.66 million ounces. The future of trading reported the figures on October 25, 2026. Mbe holds inferred gold resources of 1.66 million ounces, with both deposits open laterally and at depth.

Oriole Resources Details Mbe And Bibemi Plans

Oriole Resources is an AIM-listed mineral exploration company focused on gold projects in Africa, with a 870,000 oz JORC Resource at its Mbe project in Cameroon and partner-funded earn-ins across Bibemi in Cameroon and Senala in Senegal. The company said Mbe holds inferred gold resources of 1.66 million ounces, with both deposits open laterally and at depth.

The company said Bibemi's exploitation license remains under government review, with targeted annual production of 10,000 ounces within two years of approval. The company said the Bibemi preliminary economic assessment indicates a US$12.8 million net present value and 19% internal rate of return.

The company said Wapouzé holds 32.2 million tonnes of inferred limestone resources, offering potential quarrying income to fund Cameroon gold exploration.

Oriole Resources Partner Earn-Ins At Mbe And Bibemi

According to akta.pro company records, BCM International Limited completed its 50% earn-in at the Mbe gold project in Cameroon in February 2026 following the maiden drilling programme at MB01-N. The same records show BCM International Limited completed its 50% earn-in at the Bibemi gold project in Cameroon in January 2026. AGEM, a subsidiary of Managem Group, finalized its approximately 59% beneficial interest in the Senala gold project in Senegal in January 2026.

The same records list 870,000 oz JORC Resource at the Mbe project, 285 gold-bearing intersections at a discovery rate of more than one intersection every 21 metres, and over 2,000m drilled across ten holes. Oriole Resources has one funding round on record, a 2023-04 post ipo debt of $742,713.

What Comes Next For Oriole Resources

Bibemi's exploitation license remains under government review, with targeted annual production of 10,000 ounces within two years of approval, the company said. BCM International Limited is earning a 50% interest in the Mbe gold project in Cameroon, and upon completion of the drilling program in Q1-2026, BCM will acquire 50% interest, according to akta.pro company records.