Higher Grade Zone at Bomboré Expands Along Newly Identified Mineralized Trend Highlights include 12 m at 3.4 gpt and 9.6 m at 3.8 gpt Recent drill results suggests potential for a 3 km prospective corridor
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Higher Grade Zone at Bomboré Expands Along Newly Identified Mineralized Trend
Highlights include 12 m at 3.4 gpt and 9.6 m at 3.8 gpt
Recent drill results suggests potential for a 3 km prospective corridor
June 07, 2017 Orezone Gold Corporation (“Orezone” or the “Company”) (TSXV: ORE) is pleased to a nnounce
further positive results from an ongoing drill program at its Bomboré Gold Project in Burkina Faso. The program
is currently focused on expanding the P17S sulphide zone situated 2 km south of the Bomboré mining permit,
and exploring for similar granodiorite-hosted gold mineralization on the property.
Drilling to date has now intersected the P17S mineralized granodiorite from surface to a vertical depth of 150 m
with a down-plunge continuity exceeding 425 m. Highlights include:
Hole TYD0073, which returned 4.80 m of 2.29 g/t Au and 6.30 m of 4.47 g/t Au;
Hole TYD0074, which returned 8.50 m of 3.95 g/t Au;
Hole TYD0075, which returned 9.60 m of 3.80 g/t Au;
Hole TYD0076, which returned 12.00 m of 3.40 g/t Au;
Hole TYD0077, which returned 14.00 m of 1.65 g/t Au;
Hole TYD0078, which returned 5.00 m of 4.94 g/t Au;
Hole TYD0079, which returned 5.90 m of 2.44 g/t Au;
Hole TYD0080, which returned 5.00 m of 3.17 g/t Au;
Hole TYD0081, which returned 8.80 m of 2.70 g/t Au;
Hole TYD0082, which returned 13.30 m of 2.06 g/t Au;
Hole TYD0083, which returned 9.70 m of 3.38 g/t Au;
Hole TYD0084, which returned 2.00 m of 14.10 g/t Au; and
Hole TYD0087, which returned 6.90 m of 4.85 g/t Au.
Significantly m ineralized granodiorite has now been intercepted to the northeast of P17S in a series of scout
drilling holes that were targeting the gap between the P17S and P17 deposits where the prospective sequence
has now been confirmed over an additional strike length of more than 400 m. Highlights include:
Hole BBD0978, which returned 9.00 m of 1.49 g/t Au;
Hole BBD0980, which returned 10.00 m of 3.20 g/t Au;
Hole BBD0981, which returned 8.20 m of 1.89 g/t Au and 7.80 m of 1.54 g/t Au;
Hole BBD0982, which returned 9.80 m of 1.55 g/t Au; and
Hole TYD0077, which returned 14.00 m of 1.65 g/t Au.
Furthermore, at Zone 172, less than one kilometer to the southwest of P17S, scout RC drilling of auger drilled
gold anomalies and limited core drilling intersected mineralized granodiorite within a meta-gabbro sequence. All
three zones, (172, P17S and P17) span a corridor of more than 2.5 kilometers in length and about 400 m in width
that is now interpreted to be very prospective for the higher-grade granodiorite-hosted gold mineralization. See
Figures 1 and 2 below.
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Commenting on the results, Patrick Downey, President and CEO, stated, “These new drill results along the P17
corridor continue to demonstrate the potential to both expand higher grade shallow resources at Bomboré and
open up previously untested zones. The drilling continues both to intercept mineralization containing both good
grade and widths and is open along strike and down dip. The Company plans to continue drilling in this
prospective corridor and to evaluate and drill other prospective areas on this largely underexplored property.”
The Company has completed more than 13,000 m of auger, reverse circulation and core drilling to date in 2017
and is planning additional drilling before the 2017 rainy season.
All assays were performed using a 1kg bottle roll technique (identical to the other Bomboré samples); leach
residue assays are pending for 3 core holes . A complete list of historical drill results on P17S and analytical
procedures can be found on the C ompany’s website at the following link ( P17S Drill Results ). Please note true
widths to be determined.
About Orezone Gold Corporation
Orezone is a Canadian company with a successful gold discovery track record and recent mine development
experience in Burkina Faso, West Africa. The Company owns a 90% interest in Bomboré, a fully permitted,
undeveloped oxide gold deposit in West Africa, which is situated 85 km east of the capital city, adja cent to an
international highway. The Company is continuing with exploration and various technical studies in order to be
in a position to release highlights of an updated feasibility study in Q4 2017.
For further information please contact Orezone at +1 (613) 241-3699 or visit the Company’s website at
www.orezone.com.
Tim Miller, SME and COO, Pascal Marquis, Geo and SVP and Patrick Downey , PEng and CEO of Orezone, are Qualified
Persons under National Instrument 43 -101 and have approved the information in this release. Readers should refer to the
annual information form of Orezone for the year ended December 31, 201 6 and other continuous disclosure documents filed
by Orezone since January 1, 201 7 available at www.sedar.com, for this detailed information, w hich is subject to the
qualifications and notes set forth therein.
FORWARD-LOOKING STATEMENTS AND FORWARD -LOOKING INFORMATION: This news release contains certain “forward -
looking statements” within the meaning of applicable Canadian securities laws. Forwar d-looking statements and forward -
looking information are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”,
“anticipate”, “estimate”, “potential”, “possible” and other similar words, or statements that certain event s or conditions
“may”, “will”, “could”, or “should” occur. Forward -looking statements in this release include statements regarding, among
others; the drill results from the recently completed drill program P17S have the potential to both expand higher grade
shallow resources at Bomboré and open up previously untested zones , recent drill results suggests potential for a 3 km
prospective corridor, and releasing highlights of an updated feasibility study at Bomboré in Q4 2017.
Although the forward-looking statements contained in this news release are based upon what management of the Company
believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these
forward-looking statements. These forward -looking statements are made as of the date of this news release and are
expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does n ot
assume any obligation to update or revise the forward -looking statements contained herein to reflect events or
circumstances occurring after the date of this news release.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
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