Non-Executive Director and Corporate Appointments

Oriole Resources PLC

29 July 2026

 

29 July 2026

Oriole Resources PLC 

("Oriole Resources", the "Company" or the "Group")

Non-Executive Director and Additional Corporate Appointments

Oriole Resources (AIM: ORR), the AIM-quoted exploration and development company focused on Central and West Africa, is pleased to announce the appointment of Dr Mike Armitage as a Non-Executive Director of the Company from 1 August 2026, to add additional skills and experience to the Board as the Group focuses its efforts on the development of its projects in Cameroon.  The Company is also pleased to announce that Rod Venables, an experienced company secretary and corporate adviser, has agreed to join as Company Secretary to provide additional support to the Board.  Additionally, Zeus Capital Limited ("Zeus") has been appointed as the Company's new broker from 29 July 2026, bringing natural resources' sector experience and high-quality research to enhance the Company's investor relations activity.

Commenting, Oriole Resources Chair, Eileen Carr, said:

"I am delighted to welcome both Mike and Rod to the Company as both have many years' of experience within the mining sector.  I have worked with Mike during his time with SRK Consulting on several African gold projects and I am sure that he will bring a considerable level of support, experience and knowledge, particularly as we progress the development of both our Bibemi and Mbe gold projects. Also, the appointment of Rod, who has many years of experience as a corporate lawyer and company secretary, will benefit the Company as we execute our exciting and ambitious plans.

"In addition to strengthening the skills and experience within the Company, we are also keen that the Company's advisory team is as strong as possible. In that regard it is excellent to have appointed Zeus Capital as the Company's new broker. Zeus has considerable capability in the natural resources' sector, including producing high-quality research.  We greatly look forward to working with the Zeus team in supporting Oriole's market facing activities and to the release of their initiation research report expected shortly."  

Commenting, Mike Armitage said:

"I am extremely pleased to be joining Oriole Resources at a time when it has several advanced projects that have the potential to transform the Company from an exploration company to a mining company over the next few years.  Most of my experience has been gained working on development stage assets, many of which have been in West and Southern Africa, and I hope to be able to draw upon this to support the executive team in making this transition."

Further information on Mike Armitage

Dr Mike Armitage has some 40 years' experience in the mining industry.  He spent his early career working underground as a geologist in South Africa and then completed his PhD assessing alternative methods of reserve estimation at the Renco gold mine in Zimbabwe.  He then joined SRK Consulting as a resource geologist in 1991 and, over the next 30 years, held various technical and management roles, before leaving in early 2022.  These roles included being the Chairman of SRK Global, Managing Director and Chairman of SRK's UK practice and the Chairman of SRK's Russia, Kazakhstan and Exploration practices.

Mike also spent many years as joint course co-ordinator for the MSc in Mineral Resources at Cardiff University and then as an external examiner for the MSc in Metals and Energy Finance at Imperial College, University of London.  He has also been a council member and Vice President of the Geological Society and Honorary Chairman of the Critical Minerals Association.

Mike continues to act as a consultant to the mining industry generally, is the Managing Director and founder of Sarn Helen Gold Ltd., a company exploring for gold in the United Kingdom, currently serves as a Non-Executive Director of Central Asia Metals plc, Atalaya Mining Copper S.A. and Tertiary Minerals plc and is a Senior Advisor with Oval Advisory.

The following information is disclosed pursuant to Schedule 2(g) of the AIM Rules for Companies:

Michael Graham Armitage, aged 64 years, is or has been a director of the following companies or partnerships during the five years preceding the date of this announcement:

Current Directorships/Partnerships	Past Directorships/Partnerships within last 5 years
Central Asia Metals plc	SRK Exploration Limited
Atalaya Mining Copper S.A.	SRK Consulting (Russia) Nominee Company Limited
Tertiary Minerals plc	SRK Consulting (Russia) Limited
Tertiary Gold Limited
Mike Armitage Consulting Ltd
Sarn Helen Gold Ltd
TREO Minerals Ltd

Mike Armitage does not hold any interests in the share capital of Oriole Resources.

There is no further information to be disclosed pursuant to Rule 17 or Schedule Two, paragraph (g) of the AIM Rules for Companies.

For further information please visit www.orioleresources.com, @OrioleResources on Twitter, or contact:

Oriole Resources Plc	Tel: [phone]
Martin Rosser / Bob Smeeton / Claire Bay
Strand Hanson Limited (Nomad)	Tel: [phone]
Christopher Raggett / James Spinney / Edward Foulkes
Zeus Capital Limited (Broker)	Tel: [phone]
Simon Johnson / James Bavister
IFC Advisory Ltd (Financial IR & PR)	Tel: [phone]
Tim Metcalfe / Graham Herring / Florence Staton	[e-mail]

Notes to Editors:

Oriole Resources PLC is an AIM-quoted gold and development exploration company, with projects in Central and West Africa.  It is currently focused on projects in Cameroon.

At its district scale Central Licence Package in Cameroon, the Company has identified multi-kilometre long gold anomalies, including at its flagship Mbe project.  At Mbe, the Company has recently published (23 July, 2026) a global JORC Inferred MRE of 1.66Moz contained gold at MB01, consisting of 1.3Moz at 1.01g/t Au for the MB01-S deposit, and 360koz at 1.05g/t Au for the MB01-N deposit.    Following the completion of the MB01-N drilling programme, and by meeting various financial commitments, BCM earned a 50% interest in the Mbe project, and Oriole has recently completed a corporate restructuring to confirm the Company's and BCM's respective 50% interest in Mbe.  Drafting of a JV partnership agreement is nearing completion.

The Company has also reported a Resource of 460,000oz contained gold at 2.06g/t Au in the JORC Indicated and Inferred categories at its 50% owned Bibemi project in Cameroon, where it has applied for an Exploitation Licence.  In November 2025, BCM completed its earn-in to give it a 50% interest in Bibemi by meeting certain payment conditions, including spending US$4 million on exploration.  

At the Senala gold project in Senegal, AGEM Senegal Exploration Suarl ('AGEM'), a wholly owned subsidiary of Managem Group, has completed a six-year earn-in to acquire an approximate 59% beneficial interest in the Senala Exploration Licence by spending US$5.8 million.  The Company has reported a Resource of 155,000oz contained gold at 1.26g/t Au (using a gold price of US$1,800/oz) in the JORC Inferred category for the Faré South prospect, and an additional, complementary Exploration Target range of 17Mt to 24Mt at a grade of 0.69g/t to 0.84g/t Au for 380,000oz to 650,000oz contained gold for all prospects at Senala.  Best results to date include 20.00m grading 31.13 g/t Au including 10.00m grading 60.98 g/t Au from RC drilling and 59.60m grading 2.20 g/t Au from diamond drilling.  A JV agreement was signed in July 2026 and a work programme is due to commence in August 2026.

The Company also has several interests and royalties in companies operating in East Africa and Turkey that could give future cash payments. 

 

END