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Orezone Gold Corp.
Summary
| Project: | Bombore | |
|---|---|---|
| Deposit: | Bombore | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 7/31/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-7-2018: Orezone Gold Corp. announces an Exploration/Drilling Update report for its Bombore deposit at the Bombore project. Drilling results incl. 23.5m @ 4.31g/t Au from 21.0m. July 31, 2018 - Orezone Gold Corporation (TSXV:ORE) (“Orezone” or the “Comp | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Tim Miller, Pascal Marquis, Patrick Downey (Internal) | |
| ABSTRACT: | July 31, 2018 - Orezone Gold Corporation (TSXV:ORE) (“Orezone” or the “Company”) is pleased to report ongoing results from its targeted shallow infill Reverse Circulation Drilling (“RC”) and Diamond Core Drilling (“DD”) within the Bomboré mining lease. This programme totalled 196 RC boreholes (12,193 m) and 30 DD boreholes (3,756 m) 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 higher-grade zones within the mineral reserve pit shells. Several zones have been drilled since July 2017 (see press releases of November 27 th and September 12th , 2017 for previous results on some of these targets), and these current results continue to reflect the grade and continuity of each of these zones. It is expected that the improved definition of these discrete higher-grade zones in the next mineral resource update should have a positive impact on the mineral inventory within the infill drilling areas when compared to the current resource model that formed the basis of the recently released Definitive Feasibility Study. A general location map is shown in the attached presentation (link). The results of each target are discussed below, with highlights presented from north to south across the strike length that was tested. A. Maga Area The 2018 drilling programme targeted four separate zones with higher-than-average gold grades with the objectives to better define the geometry (strike, dip and plunge) and continuity of the shallow portion of these zones. The programme was designed to complete the 25 m by 25 m definition drilling pattern in the oxide zone, and on three of the four zones, to step down into the top portion of the sulphide zone. Based on the recent results, further infill and step out definition drilling are warranted in all four areas, in both the oxidized and sulphide zones | |
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