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Orezone Gold Corp T.ORE

Alternate Symbol(s):  ORZCF

Orezone Gold Corporation is a Canada-based West African gold producer engaged in mining, developing, and exploring its flagship Bombore Gold Mine (90%-owned) in Burkina Faso. The Bombore mine is an open pit gold. The Bombore mine is focused on its staged hard rock expansion that is expected to materially increase annual and life-of-mine gold production from the processing of hard rock mineral reserves. Bombore is situated 85 kilometers (kms) east of the capital city of Ouagadougou and is readily accessed by paved international highway thereby offering excellent infrastructure and simple logistics.


TSX:ORE - Post by User

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Post by ruffus23on Feb 08, 2019 4:26pm
88 Views
Post# 29340137

first gold pour expected during the fourth quarter of 2020?

first gold pour expected during the fourth quarter of 2020?https://roundup.amebc.ca/wp-content/uploads/RU19_CSAbstractGuide-edited_Final2.pdf    

Orezone Gold Corporation is currently developing the Bombor Gold Project in Burkina Faso, West Africa, with the first gold pour expected during the fourth quarter of 2020. The deposit has Measured and Indicated gold resources of 4.77 Moz within both free digging oxides and underlying hard rock sulphides. The Company recently released a Definitive Feasibility Study on the development of the Free Digging oxides and is proceeding through detailed engineering with construction scheduled to commence in Q2, 2019. The Bombor gold deposits are hosted within a regional shear zone where the Birimian lithologies have been heterogeneously deformed and metasomatized. The top portion of the Birimian basement is weathered to an average vertical depth of about 45 m along the Bombor Shear Zone, but weathering can be as deep as 105 m, depending on the position with respect to the paleo-drainage and on the local geology. Although characterised by a large tonnage of low-grade material, recent exploration success has clearly shown that the Bombor deposits also contain discrete zones of significantly higher-grade material, which have been the focus of the exploration efforts since late 2016. This recent work has shown that these higher-grade zones are spatially associated with a generation of folded granodiorite intrusive, whose distribution is strongly structurally controlled.
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