Last C$0.54 CAD
Change Today +0.01 / 1.89%
Volume 124.7K
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orezone gold corp (ORE) Snapshot

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08/29/14 - C$1.07
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orezone gold corp (ORE) Details

Orezone Gold Corporation is engaged in the investigation, acquisition, exploration, and development of gold properties in Burkina Faso, West Africa. It primarily owns 100% interest in the Bomboré gold project that covers an area of 168 square kilometers in the Ganzourgou province; and the Bondi project, which covers an area of 168 square kilometers in Burkina Faso. Orezone Gold Corporation is headquartered in Ottawa, Canada.

76 Employees
Last Reported Date: 03/28/14

orezone gold corp (ORE) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $340.0K
Chief Financial Officer
Total Annual Compensation: $247.7K
Senior Vice President of Exploration
Total Annual Compensation: $315.7K
Vice President of Administration and Corporat...
Total Annual Compensation: $160.3K
Compensation as of Fiscal Year 2013.

orezone gold corp (ORE) Key Developments

Orezone Gold Corporation Presents at Vancouver Resource Investment Conference, Jan-18-2015 01:50 PM

Orezone Gold Corporation Presents at Vancouver Resource Investment Conference, Jan-18-2015 01:50 PM. Venue: Vancouver Convention Center, 1055 Canada place, Vancouver, British Columbia, Canada.

Orezone Gold Corporation Announces Bombore Gold Project Feasibility Study Update

Orezone Gold Corporation provided the update on the feasibility study work at its 100%-owned Bomboré Gold Project in Burkina Faso. Kappes Cassiday & Associates (KCA) in Reno, Nevada has provided the company with highlights from the ongoing scrubbing and leaching tests performed on 2.2 tonnes of representative oxide and semi oxidized material. The material was divided into nine batches that would represent both the individual rock types and composites of what would be representative run of mine (ROM) material. Final results from the first three of the nine test batches have been received and are reflected in this release. The testwork is based on a flow sheet that combines scrubbing and screening of ROM material before a split circuit of heap leaching and agitated leach tanks (CIL). Each circuit will process approximately half of the total ROM material; the finer material (-0.212 mm) is delivered to the leach tanks and the remaining coarser material to the heap leach. Test results to date continue to indicate that the overall gold recovery from the combined heap leach and CIL circuits will be between 80% and 90% on oxide materials. The saprolitic layer (fully oxidized material) exhibits the higher recoveries, with over 20% of the gold recovered in the short scrubbing process. The overall saprolite recoveries vary from up to 90% with head grades near 1.0 g/t to 80% for material just under 0.6 g Au/t. Preliminary assay results indicate that the tails are fairly constant at 0.08 to 0.1 g/t. The lower transition material (bottom half of the semi-oxidized material near the fresh rock contact) tested to date with a head grade of 0.6 g/t exhibits scrubber recoveries of 10% and an overall recovery of 67%. Although higher grade transition batches are not yet complete, the preliminary tail assays appear to be similarly consistent to that of the saprolite batches indicating that recoveries for the transition material may also be dependent on the head grade. Rheological and solid liquid separation testing is also complete on the -0.212 mm fraction (pre and post leach) and results are consistent with previous tests that have been used to date in the design work for the feasibility study. The plant flow sheet is based on a ROM stockpile providing blended feed to a mineral sizer at a rate of 15,000 tpd (5.5 Mt/yr). Mineral sizer product reports to a stockpile that feeds a 5.2 m x 10.0 m rotary scrubber. Scrubber product passes over a vibrating double deck screen that sends the + 9.5 mm fraction to the heap leach feed stockpile, and the - 9.5 mm fraction to a cyclones and screw classifiers with the scrubber solution. The cyclones and screw classifiers remove the +0.212 mm material, which is sent to the heap leach feed stockpile, and the -0.212 mm material is then thickened to 48% solids in a 41m diameter thickener and pumped to the CIL circuit, consisting of a series of five 15 m diameter CIL tanks. CIL tails report to the nested tails facility which is integral to the heap leach pad, and loaded carbon is processed in a standard carbon strip circuit to recover the gold.

Orezone Gold Corporation Appoints Joseph F. Conway to the Board of Directors

Orezone Gold Corporation announced that Joseph F. Conway has joined its board of directors. Mr. Conway is currently the CEO and a director of Primero Mining and has nearly 30 years of mining and financial industry experience. Previously, he was the President and CEO of IAMGOLD.


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