OTTAWA, ONTARIO--(Marketwired - Nov 3, 2014) - Orezone Gold Corp. (TSX:ORE) has temporarily halted its activities in Burkina Faso until the political situation in country has stabilized. All personnel are safe and accounted for. Although the area around Bomboré has been relatively calm during the recent events, minor vandalism occurred at the Bomboré camp over the weekend. Our staff and the local community at Bomboré, including the police and local representatives, have been very supportive with respect to the safety or our employees, camp security and our efforts to continue to develop the project; for that we are grateful. The majority of the field investigations required for the ongoing feasibility study have been completed. Socia... [...]
Joseph Conway Joins the Board of Directors OTTAWA, ONTARIO--(Marketwired - Oct 14, 2014) - Orezone Gold Corporation (TSX:ORE) is pleased to announce that Joseph F. Conway has joined its board of directors. Mr. Conway is currently the CEO and a director of Primero Mining and has nearly 30 years of mining and financial industry experience [...]
Additional Positive Metallurgical Test and Drill Results OTTAWA, ONTARIO--(Marketwired - Sep 8, 2014) - Orezone Gold Corp. (TSX:ORE) is pleased to provide an update on the feasibility study work and drill program at its 100%-owned Bomboré Gold Project in Burkina Faso. 21,000 m Infill Drill Program Completed Orezone completed a 310 hole, 21,293 m reverse circulation (RC) drilling program initiated in May. The $750,000 program was completed in 72 days (297 m/day) and was designed to infill and to upgrade the oxide resource in the northern half of the deposit. Since the July 10, 2014 press release, all remaining results have been received including the last 168 holes (11,734 m). Highlights of all the drill results not inc... [...]
Scrubbed coarse ore column test yields recovery of 88% Drilling of a New Sulphide Zone to the South averages 2.65 g/t OTTAWA, ONTARIO--(Marketwired - Jul 10, 2014) - Orezone Gold Corp. (TSX:ORE) is pleased to announce an update of the ongoing feasibility work and 21,000 m drill program at its 100%-owned Bomboré Gold Project in Burkina Faso. Scrubbed Ore Column Test Results Final results for the initial coarse ore column test of the scrubbed saprolite ore have now been issued by Kappes, Cassiday & Associates (KCA) in Reno, Nevada. Overall gold recovery has been calculated at 88%, with all size fractions showing excellent percolation rates and gold extraction in the 80 and 90 percent range. The leach curve follows the signatur... [...]
Process Modified to Increase Recoveries to 87% and Remove HL Agglomeration OTTAWA, ONTARIO--(Marketwired - Jun 4, 2014) - Orezone Gold Corp. (TSX:ORE) is pleased to announce positive metallurgical test results from its ongoing feasibility work at its 100%-owned Bomboré Gold Project in Burkina Faso. The Heap Leach (HL) column test results indicate that overall gold recoveries can be increased from 79% to 87% and potentially eliminate any requirement for cement agglomeration with the addition of an agitated leaching circuit (ALC) to treat 50-65% of the oxide ores. With the addition of an upfront scrubber and screen, a fine fraction (-212 microns) can be easily separated and sent directly to the ALC without grinding to yield gold recoveries of 87-92% d... [...]
OTTAWA, ONTARIO--(Marketwired - May 23, 2014) - Orezone Gold Corp. (TSX:ORE) is pleased to announce the results by proxy that were confirmed by a show of hands for its board of directors that were confirmed at its Annual General Meeting on May 22, 2014. Name of Nominee Votes For Percent ...
21,000m Infill/Expansion Drill Program Underway OTTAWA, ONTARIO--(Marketwired - May 21, 2014) - Orezone Gold Corp. (TSX:ORE) is pleased to announce that it has appointed Tim Miller as Chief Operating Officer to oversee and complete its ongoing feasibility work for its 100% owned Bomboré Gold Project in Burkina Faso. Mr. Miller's background includes over 30 years of construction and management experience with major heap leach and agitated leach operations in the United States, South America and Africa. He spent many years with Glamis Gold Ltd. and Goldcorp as Vice President for their Central American Operations where he was intimately involved with the construction and development of their operations. Prior to that, he sp... [...]
OTTAWA, ONTARIO--(Marketwired - Mar 20, 2014) - Orezone Gold Corp. (TSX:ORE) is pleased to announce that it has sold its 11 million share holding in Amara Mining plc for net proceeds of approximately $3.4 million USD. The shares were part of the consideration received by the Company for the sale of its Sega Gold Project to Amara in May 2012. "The [...]
OTTAWA, ONTARIO--(Marketwired - Jan 22, 2014) - Orezone Gold Corp. (TSX:ORE) is pleased to announce the results of an independent Preliminary Economic Assessment (the "Study") for its wholly owned Bomboré Gold Project in Burkina Faso, West Africa. The Base Case financial model yields a robust after tax IRR of 23.9 % to Orezone with a mine plan optimized to deliver better grade in early years, revenues using a $1250 gold price and current costs based on operations in the region. The after tax IRR improves to 37.1 % from revenues at a $1,500 gold price, based on the same mine plan. Orezone expects to complete detailed heap leach ("HL") metallurgical and geotechnical studies in June, update the social and environmental assessments by September and be in... [...]
Orezone is pleased to announce that it has closed its previously announced non-brokered private placement. The Company raised C$5M through the issuance of 10 million new ordinary common shares at a price of C$0.50 per share. No commissions or finder's fees were paid in connection with the Private Placement. The Company will use the proceeds to [...]
Orezone Gold is pleased to announce that it has arranged a non-brokered private placement financing of C$5M. Under the terms of the placement, 10 million ordinary common shares of the Company will be issued at C$.50/share. Commitments have been made by investors and a company with a closing is expected in the next two weeks. Directors of the [...]
OTTAWA, ONTARIO -- (Marketwired) -- 06/19/13 -- Orezone Gold Corporation (TSX: ORE) announces that it intends to shift the focus of the Bombore Feasibility Study in order to review and reassess the lower capital cost heap leach (HL) scenario outlined in the August 2011 Preliminary Economic Assessment (PEA). The ongoing feasibility work for an [...]
