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Oriole Resources Divests Net Smelter Royalty in Muratdere Project in Turkey

MT Newswires·09/18/2026 03:57:00
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03:57 AM EDT, 09/18/2026 (MT Newswires) -- Oriole Resources (ORR.L) said Friday it agreed to sell its 1.2% net smelter return royalty in Muratdere copper-gold-silver-molybdenum-rhenium project in Turkey to Ardent Metals for $1.2 million. The gold exploration and development company has already received $400,000, with the balance payable in two further tranches of $400,000 each by March. 19, 2027, and by Sept. 19, 2027.