Orezone Gold announces that the Environmental and Social Impact Assessment approval for the Phase II Expansion at its Bombor? Gold Project has been received from the Burkina Faso Ministry of Environment and Sustainable Development. The approval marks a significant milestone in the permitting process and solidifies the staged development timeline of the Bombor? Project. The Bombor? Project was the subject of an updated [...]
Orezone Gold announces today that the Company has taken additional precautionary measures in response to the global COVID-19 outbreak. There have been no reported cases of COVID-19 amongst the Company’s employees or contractors in Burkina Faso or Canada. However, based on ongoing discussions with our staff, host communities, contractors and suppliers and in conjunction with Burkina Faso government travel and work [...]
Orezone Gold is pleased to announce that it has completed its previously announced bought deal equity financing. A total of 37,595,900 units of the Company were issued at a price of C$0.54 per Unit for aggregate gross proceeds of C$20,301,786. Each Unit is comprised of one common share of the Company and one half of one common share purchase warrant of the Company. Each Warrant entitles the holder [...]
Orezone Gold is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and PI Financial Corp. to act as co-lead underwriters, on behalf of a syndicate of underwriters, pursuant to which the Underwriters will purchase, on a bought deal basis, an aggregate of 37,100,000 units of the Company at a price of C$0.54 per Unit for aggregate gross proceeds of C$20,034,000. Each Unit will be comprised [...]
Orezone Gold reports that it has filed an amended technical report entitled “NI 43-101 Technical Report - Feasibility Study of the Bomboré Gold Project, Burkina Faso. The Amended Technical Report addresses comments raised by the BC Securities Commission in the course of a review and contains no material differences to the original technical report filed on August 13, 2019. The BCSC review is now complete. The [...]
Orezone Gold announces that, pursuant to the recently announced appointments on October 15th and November 20th, the Company has granted 800,000 stock options at an exercise price of C$0.62 per share. Following this grant of stock options, the Company has a total of 16,376,838 stock options outstanding, representing approximately 7.67% of the 213,376,906 common shares currently issued and outstanding. [...]
Orezone Gold is pleased to announce that Ian Chang has joined Orezone as Vice President, Projects to lead the Company’s development and construction efforts at its 90%-owned Bomboré Gold Project. Mr. Chang will be based out of the Company’s Vancouver office. Mr. Chang is a Professional Engineer who has worked on several high-profile mining projects over a career spanning 30+ years. He has led project [...]
Orezone Gold Corp. is pleased to report the successful results from its 2019 drill programme which was designed to test and validate the refined geological interpretation of a higher-grade plunging gold system within the existing lower-grade mineralization at its 90%-owned Bomboré Gold Project in Burkina Faso, West Africa. Highlights: BBD1034: 8.9 m of 3.21 g/t gold including 1 m of 16.25 g/t gold BBC4995: 8 m of [...]
Orezone Gold Corp. is pleased to announce the appointment of Mr. Mark Humphery as the Project Director at its 90%-owned Bomboré Gold Project in Burkina Faso, West Africa. Mr. Humphery will be directly responsible for construction of the Bomboré project. Mr. Humphery is a mechanical engineer with 25 years experience in the mining industry. Most recently Mr. Humphery was the General Manager, Projects and [...]
Orezone Gold Corp. announces it will commence a ~2,000 metre drill programme in September 2019 of both diamond and reverse circulation drilling at the Maga Hill area to follow-up on higher than average grade gold mineralization that was confirmed by the 2018 drilling at its 90%-owned Bomboré Gold Project in Burkina Faso, West Africa. The programme is estimated to cost approximately USD $200,000 and will consist of [...]
Orezone Gold Corp. announces that, further to its press release dated June 26, 2019, the Company has filed an independent National Instrument 43-101 technical report entitled “Feasibility Study of the Bomboré Gold Project, Burkina Faso”. A copy of the technical report is available on SEDAR and the Company’s website . For further information please contact Orezone at +1 945-8977 or visit the [...]
LOM average annual gold production of 118koz, After-tax NPV5% of US$361M, IRR of 44% and LOM AISC of $730/oz VANCOUVER, British Columbia, June 26, 2019 -- Orezone Gold Corp. is pleased to report the results of its updated feasibility study which incorporates a staged Phase II Sulphide Expansion for its 90%-owned Bomboré Gold Project in Burkina Faso, West Africa. 2019 FEASIBILITY STUDY HIGHLIGHTS Pre-tax NPV5% of [...]