Orezone Gold Corporation (ORE:TSXV) is a Canadian exploration and development company with a gold discovery track record of +10 Moz and recent mine development experience in Burkina Faso, West Africa. The Company owns a 100% interest in Bomboré, one of the largest undeveloped and fully permitted gold deposits in West Africa that can be developed in phases to reduce the initial capital expenditure requirements. The deposit is situated 85 km east of the capital city, adjacent to an international highway. Development of the mine is dependent on the Company securing the required project financing to start construction or a partnership arrangement with a producer or strategic investor. The Company's mission is to create wealth for its stakeholders by discovering and mining gold deposits in an efficient, responsible manner.Orezone has a 20 year track record of success in Burkina Faso, having developed Essakane (+6 Moz), the country's largest operating gold mine. During this process, Orezone arranged a $330 million debt facility, over $260 million in equity financings, obtained all the necessary permits, built a development team and commenced construction. Although IAMGOLD (IMG) made a successful takeover bid for Orezone Resources (OZN) to acquire Essakane during the difficult markets of 2008, the core of the management and exploration team has continued on with Orezone Gold Corporation (a spin out of the IMG/OZN transaction) in order to develop Bomboré.
Company Name | Orezone Resources Inc |
Business Category | Gold |
Address | 290 Picton Avenue Suite 201 Ottawa Ontario Canada ZIP: K1Z 8P8 |
President | NA |
Year Established | NA |
Employees | 200 |
Memberships | NA |
Hours of Operation | NA |
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