Death of Cameroon's Mining Minister
Oriole Resources PLC
('Oriole Resources' or 'the Company' or 'the Group')
Death of Cameroon's Mining Minister
Oriole Resources PLC, the AIM-quoted gold exploration company focussed on West Africa, reports that Cameroon's Minister of Mines, Industry and Technological Development, Gabriel Dodo Ndoke, passed away suddenly in the early hours of Saturday morning. The Company would like to send its deepest condolences to Mr Ndoke's family, friends and colleagues during this difficult time.
Oriole CEO, Tim Livesey, said: "We are deeply saddened to learn that the Minister of Mines, Gabriel Dodo Ndoke, passed away over the weekend. Minister Ndoke was highly supportive of the Company's work in Cameroon and, through his leadership, has helped to position Cameroon as an emerging and highly-attractive mining destination. Our thoughts and sympathy go out to all those that had the pleasure of knowing him."
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For further information please visit www.orioleresources.com , @OrioleResources on Twitter,
or contact:
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Oriole Resources Plc |
Tel: +44 (0)20 7830 9650 |
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Tim Livesey / Bob Smeeton / Claire Bay |
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BlytheRay (IR/PR Contact) |
Tel: +44 (0)20 7138 3204 |
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Tim Blythe / Megan Ray / Rachael Brooks |
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Grant Thornton UK LLP |
Tel: +44 (0)20 7383 5100 |
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Samantha Harrison / George Grainger / Ciara Donnelly |
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SP Angel Corporate Finance LLP Ewan Leggat / Harry Davies-Ball
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Tel: +44 (0)20 3470 0470 |
Notes to Editors:
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 recently reported a maiden Resource of 305,000 oz Au 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 the more advanced Senala gold project in Senegal, IAMGOLD is the operator and has the option to spend US$8 million to earn a 70% interest. Under the terms of the Option Agreement, IAMGOLD has recently met its first commitment by spending US$4 million within an initial four years and will shortly acquire a 51% interest in Senala. 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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