Investors

Orezone Gold Corporation (ORE.TSXV) represents an excellent opportunity to invest in an emerging West African developer. The Company’s Bomboré gold deposit has the flexibility to be developed in stages in order to reduce the initial capital requirements. The Company received approval for the Bomboré mining permit application in August 2016 and the Company is currently working on a detailed feasibility study to determine the next stage of development for the project. Management has the experience and ability to build a team that would bring this deposit into production pending a full project financing.

Investment highlights

Proven Team

Proven Team, +10Moz over the past 20 years

Developed the Essakane Mine to over 5Moz and started construction before a take-over transaction worth $350M with Iamgold in 2008

Tim Miller – COO for Orezone, developed and operated HL and CIL operations for Glamis, Goldcorp and Ghana

Bomboré

The largest undeveloped gold projects in the region that can be built in stages

  • Fully permitted, 85 km from the capital city, adjacent to the national highway, with nearby power & water
  • One of the largest undeveloped oxide and sulphide gold resources in West Africa
  • Oxide resource averages 50 m deep, heap leachable, excellent leaching kinetics
  • Expected low AISC and moderate capex per ounce
  • Sulphide Expansion potential: +2.2 Moz of M&I sulphide resource that is amenable to standard CIL processing, Open at depth, average depth of drilling to date only 120 m

2017 Milestones Achieved

  • Received the Bomboré mining permit Decree and the new Bomboré exploration permits
  • Released 2017 Mineral Resource Statement for Bomboré
  • Completed over 29,000 m of infill and expansion drilling on the Bomboré project
  • Optimized Bomboré project design for the future feasibility update
  • Repurchased the 0.45% Net Smelter Returns (“NSR”) royalty on Bomboré held by Sandstorm Gold Ltd.

2016 Milestones Achieved

  • Secured private $5 M placement financing credible institutional investors in March
  • Sale of Bondi Project to Sarama Resources in May
  • Received all Environmental permit approvals for Bomboré in May
  • Raised $26.5 M in a bought deal prospectus financing in June
  • Received the Bomboré mining permit approval from a cabinet session in August
  • Released 2016 Resources Statement (revision of 2013) in September

2015 Milestones Achieved

  • Completed NI 43-101 feasibility study (FS) for an oxide only HL/CIL circuit with no grinding and no cement agglomeration at Bomboré in April
  • Applied for a mining permit for Bomboré on the basis of the FS in May
  • Applied for a three-year exceptional exploration permit extension on the Bondi project and received approval in August
  • Secured long term non-dilutive financing facility with Sandstorm
  • Secured private placement financing with Ross Beaty and other credible institutional investors