Orezone Gold Corp. is pleased to provide an update on its development schedule and achievements at its 90%-owned Bomboré gold project together with progress on its 2019 Sulphide Expansion Feasibility Study . Project Development Update The Company recently completed a detailed review of all project development and construction activities at Bomboré with the goal of optimizing the project development and [...]
Orezone Gold Corp. is pleased to provide the following key updates on its 90%-owned Bomboré Gold Project: Table1: Subsets of RPA 2017 M&I Resource Estimate Appendix A: Map of Sulphide Areas Considered Appendix B: Whittle Parameters for 2017 Resource Pit Shells Appendix C: McClelland Grind and Cyanide Concentration Optimization Tests Appendix D: AMMTEC Leach Extraction Results Work has commenced to update the 2018 [...]
Orezone Gold Corp. is pleased to provide a development update on its 90%-owned Bomboré Gold Project including key additions to its project development team in Burkina Faso. The Company has recently completed the recruitment of a project leadership team consisting of senior mining professionals with track records of success in West Africa. “We are delighted to have assembled an exceptional team to continue the [...]
Orezone Gold Corp. announces that it has filed an independent National Instrument 43-101 technical report entitled "Feasibility Study of the Bomboré Gold Project, Burkina Faso” with an effective date of July 9, 2018. The feasibility results were previously announced by the Company in a news release dated July 9, 2018. A copy of the technical report is available on both SEDAR and the Company’s website [...]
OTTAWA, July 31, 2018 -- Orezone Gold Corporation is pleased to report ongoing results from its targeted shallow infill Reverse Circulation Drilling and Diamond Core Drilling within the Bomboré mining lease. This programme totalled 196 RC boreholes and 30 DD boreholes that were drilled during Q2 2018 in the Maga, P11 and Siga East areas. These new results continue to show the presence and continuity of discrete [...]
OTTAWA, July 24, 2018 -- Orezone Gold Corp. announces that in accordance with its Stock Option Plan and its annual compensation review, the Company has granted directors, officers, employees and consultants stock options to purchase up to an aggregate of 3,285,000 common shares, exercisable on or before July 23, 2023 at a strike price of $0.80 per share. The Company currently has 210,385,364 common shares issued and [...]
Orezone Gold Corporation is pleased to report recent Reverse Circulation and Diamond Drilling drilling results from several target areas that lie outside of the main Bomboré deposit mining permit. This programme totalled 55 RC boreholes and 34 DD boreholes that were drilled during Q1 2018. These new results continue to show significant potential to expand both oxide resources and near surface high-grade sulphide [...]
OTTAWA, July 09, 2018 -- Orezone Gold Corp. is pleased to announce the summary results of an updated independent Feasibility Study for its 90%-owned Bomboré Gold Project in Burkina Faso, West Africa. All reported figures are in U.S. dollars and are on a 100% project basis unless otherwise stated. FEASIBILITY STUDY HIGHLIGHTS Pre-tax NPV5% of $315.3 million and IRR of 59.4% with a 1.3 year payback After-tax NPV5% of [...]
OTTAWA, July 03, 2018 -- Orezone Gold Corp. is pleased to announce that all of the resolutions were passed at the annual and special meeting of shareholders held on June 28, 2018 including the re-election of the directors Joseph Conway, Patrick Downey, Michael Halvorson, Charles Oliver and Ronald Batt and the election of the new directors, Stephen Axcell, Kate Harcourt and Marco LoCascio. The shareholders also re-approved [...]
April 10, 2018 -- Orezone Gold Corp. is pleased to announce that it has closed its non-brokered private placement previously-announced on March 26, 2018. The Company has sold 56,150,000 common shares of the Company at a price of C$0.80 per share for gross proceeds of C$44,920,000. The Common Shares issued pursuant to the Offering will be subject to a four month hold period expiring on August 10, 2018. The net proceeds [...]
March 26, 2018 -- Orezone Gold Corp. is pleased to announce that it has entered into a non-brokered private placement of 56,150,000 common shares of the Company at a price per share of C$0.80 for gross proceeds of C$44,920,000 . New strategic investors, Resource Capital Fund VII L.P. and Coris Capital S.A. , will subscribe for 42,056,250 and 3,750,000 common shares, respectively, under the Offering which will result in [...]
OTTAWA, March 04, 2018 -- Orezone Gold Corp. announces the appointment of Peter Tam as Chief Financial Officer, joining the Company effective today. He will be located in the Vancouver office with CEO and President, Patrick Downey, and takes over from Joe McCoy who will remain with the Company in Ottawa as Vice President Administration and Corporate Secretary. Mr. Tam is a seasoned financial executive and brings to [...]