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(Wallace Refiners) – Oriole Resources (AIM:ORR) said Monday that its joint venture partner IAMGOLD Corporation will shortly restart its 10,000 meter air core drilling campaign at the Senala project, located in Senegal.
Prior to the seasonal rains, IAMGOLD had already completed 1,300m AC drilling at the northernmost Faré prospect and will resume its program there later this month.
“As we have seen from recent drilling on other licenses in the immediate surrounds of Senala, long intercepts with grades well in excess of 2 g/t Au can quickly build the types of volumes required for stand-alone mineable resources,” said Oriole CEO Tim Livesey. “As a potential stand-alone resource target, with over six kilometers of mineralized strike length, Faré adds significant value to the Senala license, confirming its importance to Oriole.”
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