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Oriole Resources said partner IamGold was preparing to restart work at the Dalafin gold project in Senegal following seasonal rains.
IamGold had an option to spend up to $8m to earn a 70% interest in the project.
The new workd would include a further planned 2,500 metres of reverse circulation drilling at Madina Bafer as well as 3,500 metres of drilling at the Saroudia prospect.
Both prospects havd the potential to identify additional mine feed for the Boto gold project, where mine permitting was anticipated later this year.
At 10:07am: (LON:ORR) Oriole Resources Plc Ord 0.1p share price was -0.02p at 0.42p