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MEI Online: Commodities: Metallic Ores: Gold: Latest News: October 20th 2009

 
 

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:: Orezone Confirms Bomboré Gold Deposit Amenable to Heap Leaching

Orezone Gold Corporation reports positive metallurgical test results on its 100% owned Bomboré gold deposit located in Burkina Faso, West Africa. All test results for the near surface oxide and transition (mixed oxide/sulphide) resources are better than estimates previously used for an in-house scoping study and will therefore enhance the economics of the project.

The company reckons that the 250 km2 Bomboré Project is one of the largest gold resources in Burkina Faso. The Bomboré resources occur at surface to a depth of 100 m in five zones contained within a gold-in-soil anomaly that extends virtually uninterrupted at a level of +0.1 g/t for more than 14 km and represents the largest gold anomaly in Burkina Faso. Resources are open at depth and for the most part still open along strike. Oxides continue to a depth of 40 m and there is good continuity into the fresh rock.

The Bomboré gold deposit hosts 0.93 million ounces of Indicated resources and 1.78 million ounces of Inferred resources at an average gold grade of approximately 0.5 g/t in the near surface oxide zone and 1.0 g/t in the underlying primary sulphide resource. Approximately half of the inferred resource is oxide and transition material amenable to heap leach processing.

The Bomboré property has the potential to host a large, open pit gold project with very good infrastructure in place compared to many projects in West Africa as it is located just 80km east of the capital city of Ouagadougou and adjacent to a major national highway, near a large water reservoir, and accessible to an international power grid expected to be constructed in the near future.

 

 

   

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