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Orezone Gold Corp.
Summary
| Project: | Bombore | |
|---|---|---|
| Deposit: | Bombore | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 7/16/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-7-2018: Orezone Gold Corp. announces an Exploration/Drilling Update report for its Bombore deposit at the Bombore project. Drilling results incl. 10m @ 12.88g/t Au from 0m. July 16, 2018 - Orezone Gold Corporation (TSXV:ORE) (“Orezone” or the “Company” | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Tim Miller, Pascal Marquis, Patrick Downey (Internal) | |
| ABSTRACT: | July 16, 2018 - Orezone Gold Corporation (TSXV:ORE) (“Orezone” or the “Company”) is pleased to report recent Reverse Circulation (“RC”) and Diamond Drilling (“DD”) drilling results from several target areas that lie outside of the main Bomboré deposit mining permit. This programme totalled 55 RC boreholes (2,904 m) and 34 DD boreholes (4,916.5 m) 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 resources within the current Bomboré land package. Orezone has also completed 12,171 m of RC oxide drilling and 3,766 m of oxide and sulfide core drilling within the mining permit during Q2 2018, and will report these results once all assays are received. The core drill results from the P17S target are a follow-up to previous drilling (see February 22, 2018 press release), which has defined several continuous shallow plunging mineralized zones that extend from surface to a depth of at least 215 m. These mineralized zones are associated with thickened fold hinges plunging northwards with a down-plunge extent of at least 500 m for the Main P17S zone outcrop, along a folded granodiorite unit, oriented NNE between the P17S and P17 deposits. The total strike extent is currently 1.8 km, including a 500-m gap that has yet to be drill tested. These new results continue to better define the extent and the geometry of the higher-grade P17S gold zones located approximately 2 km south of the Bomboré mining permit. Previous metallurgical test results have shown that the P17S sulphide material is free milling with excellent gold recoveries above 90%. The current release includes final results from the 23-core hole (4,017 m) follow-up programme completed at P17S during Q1 2018. | |
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