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Tower Resources Shares Are up over 40%; Drilling Commences in Cameroon in Q4 2025
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Oriole Resources reports "encouraging" gold results from Mbe project
Oriole Resources PLC has reported more “encouraging” gold results from the Mbe project, in Cameroon, with 43 additional intersections. The latest results are from holes MBDD010 and MBDD011, taking the total number of gold intersections in the Phase 1 drill programme to 179. Highlights from the new data include 3.00 metres at 2.88 grams per tonne …
During a recent field visit, Cameroon's Acting Minister of Mines, Fuh Calistus Gentry, revealed that Cameroon's first-ever underground gold mine, located in Colomine, in the eastern region, will generate a turnover of some CFAF 30 billion (approximately USD 60 million) per year. This sum will be the result of the annual production of 600 kg of gold by a project carried out by the Cameroonian company Codias SA, with a 10% stake by the Société nat…
AIM movers: Tower Resources rig contract and Great Western Mining funding for Nevada exploration
Tower Resources (LON: TRP) has awarded a rig contract to Advanced Energy Systems and this rig will be used to drill the NJOM-3 well on the offshore Cameroon Thali licence in the fourth quarter of 2025. The terms are better than the ones on offer earlier this year. The share price jumped by 45% to […] The post AIM movers: Tower Resources rig contract and Great Western Mining funding for Nevada exploration appeared first on UK Investor Magazine.
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