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BCM Group with Oriole Resources PLC has successfully completed the maiden diamond drilling programme at the MB01-N target for the Mbe Gold Project in Cameroon. The programme delivered 3,000 metres of drilling across 15 holes, marking an important milestone in advancing the project.

With the completion of this programme, BCM has earned a 50% beneficial interest in the project. Administrative steps to formalise the joint venture agreement are currently in progress, reinforcing the growing partnership and long-term commitment to project development.

Key Highlights

• 3,000 metres drilled across 15 holes
• Assay results for six holes pending, expected in Q1 2026
• A maiden JORC Resource estimate for MB01-N to follow receipt of final results
• A fully funded step-out drilling programme planned at MB01-S in Q2 2026

The MB01-N target lies approximately 700 metres northeast of the existing MB01-S JORC Inferred Resource, which contains 870,000 ounces at 1.09 g/t gold, and hosts a published exploration target of 370,000 to 605,000 ounces of contained gold.

This achievement reflects our continued commitment to operational excellence, strategic partnerships, and the responsible advancement of high-potential mineral assets.

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