Orezone Clarifies Its Update ON the Bomboré Project
OREZONE CLARIFIES ITS UPDATE ON THE BOMBORÉ PROJECT
September 19, 2017 - Orezone Gold Corporation (“Orezone” or the “Company”) (TSXV:ORE ),
at the request of IIROC, wishes to clarify certain disclosure in it s September 18, 2017 news
release titled “Orezone Provides an Update on the Bomboré Project .” In particular, the news
release included disclosure relating to the exploitation of the Bomboré deposit and a historic
mineral resource that is not a current mineral resource nor included in the resource statement
in the Company’s most recently filed technical report available on SEDAR at www.sedar.com,
and accordingly has been retracted.
Qualified Person(s)
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 reviewed and
approved the scientific and technical information in this release, and verified a ny technical
date disclosed in this release. Readers should refer to the annual information form of Orezone
for the year ended December 31, 2016 and other continuous disclosure documents filed by
Orezone since January 1, 2017 available at www.sedar.com, for this detailed information,
which is subject to the qualifications and notes set forth therein.
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, adjacent to an international highway.
For further information please contact Orezone at +1 (613) 241 -3699 or visit the
Company’s website at www.orezone.com.
Orezone Gold Corporation
Patrick Downey,
President and Chief Executive Officer
Tel: 1 613 241 3699 / Toll Free: 1 888 673 0663
[email protected] / www.orezone.com
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FORWARD-LOOKING STATEMENTS AND FORWARD-LOOKING INFORMATION:
This news release contains certain “forward -looking statements” within the meaning of applicable
Canadian securities laws. Forward-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 events or conditions “may”,
“will”, “could”, or “should” occur. Forward -looking statements in this release include statements
regarding, among others; the positive drill results from the current drilling program have potential to
expand the resource, additional drill results will be released in October 2017, sensitive environmental
areas could be reinstated ;; completing of additional drilling and tests, completing a revised mineral
resource in Q1 2018; and completing a feasibility study early in the second half of 2018.
All such forward -looking statements are based on certain assumptions and analyses made by
management in light of their experience and perception of historical trends, current conditions and
expected future developments, as well as other factors management believe are appropriate in the
circumstances. These statements, however, are subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ materially from those projected in the forward-
looking statements including, but not limited to, unexpected changes in laws, rules or regulations, or
their enforcement by applicable authorities; the failure of parties to contracts to perform as agreed;
social or labour unrest; changes in co mmodity prices; unexpected failure or inadequacy of
infrastructure, the failure of exploration programs, including drilling programs, to deliver anticipated
results and the failure of ongoing and contemplated studies to deliver anticipated results or results that
would justify and support continued studies, development or operations. Readers are cautioned not to
place undue reliance on forward-looking information or statements.
This news release also contains references to estimates of Mineral Resources and Mineral Reserves. The
estimation of Mineral Resources is inherently uncertain and involves subjective judgments about many
relevant factors. Mineral Resources that are not Mineral Reserves do not have demonstrated economic
viability. The accuracy of any such estimates is a function of the quantity and quality of available data,
and of the assumptions made and judgments used in engineering and geological interpretation, which
may prove to be unreliable and depend, to a certain extent, upon the analysis of drilling results and
statistical inferences that may ultimately prove to be inaccurate. Mineral Resource estimates may have
to be re -estimated based on, among other things: (i) fluctuations in the price of gold; (ii) results of
drilling; (iii) results of m etallurgical testing, process and other studies; (iv) changes to proposed mine
plans; (v) the evaluation of mine plans subsequent to the date of any estimates; and (vi) the possible
failure to receive required permits, approvals and licences.
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 not
assume any obligation to update or revise t he 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.