
Oriole Resources secures key BCM deal for Cameroon gold projects
11/6/2025
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Oriole Resources PLC (AIM:ORR) CEO Martin Rosser talked with Proactive's Stephen Gunnion about the company’s latest agreement with BCM International and its impact on gold exploration projects in Cameroon.
The agreement secures $900,000 in cash and a further $300,000 in direct drilling expenditure, providing full funding for a 2,950-metre maiden drilling program at the MB01-N target. Rosser said the deal was “a clear validation of our exploration strategy in Cameroon” and underlined BCM’s continued confidence in the Bibemi and Mbe projects.
Rosser described the partnership with BCM as one based on shared commitment and technical expertise, highlighting that BCM’s operational and financial support allows Oriole to progress drilling and metallurgical work without shareholder dilution.
The MB01-N program, expected to commence in December, aims to convert an exploration target of 370,000 to 605,000 ounces of gold into a maiden JORC-compliant resource. This follows a previously reported 870,000-ounce JORC Inferred resource at nearby MB01-S, which Rosser described as “a transformational step” for the company.
Looking ahead, Oriole will continue preparatory work at MB01-N, conduct metallurgical testing at Bibemi, and advance its exploitation licence application in Cameroon.
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