Overview

Orezone Gold Corporation (ORE: TSX) is a Canadian exploration and development company that is rapidly expanding a 2.3 million ounce (Moz) Indicated and 2.2 Moz Inferred gold resource (National Instrument 43-101) from its three, 100% owned gold projects in Burkina Faso, West Africa. The Company's mission is to create wealth for its stakeholders by discovering and mining the earth's resources in an efficient, responsible manner.

Track Record of Success

Orezone has a +15 year track record of success in Burkina Faso, having developed Essakane, the country' s largest deposit at +6 Moz. During this process, Orezone arranged a $330 million debt facility, a $220 million equity financing, obtained all the necessary permits, built a development team and commenced construction. Although IAMGOLD made a successful takeover bid for Essakane during the difficult markets of 2008, this experience will help us take our other projects through to production.

Potential world-class gold deposit

Bomboré, with 1.6 Moz Indicated and 1.9 Moz Inferred resources constrained within optimized open pit shells, is the largest undeveloped gold deposit in Burkina Faso. Over 80% of the resources occur above a depth of 80 meters (m), and the average depth of drilling is just 60 m. The geological model indicates that a substantial increase in the resources could be achieved by drilling deeper. With 35,000 oz of gold per vertical meter, and 170,000 meters of drilling underway, we expect to significantly expand and upgrade the resources by as much as 60%, by deepening the drilling from 60 to 120 m. Bomboré has exceptional infrastructure for this part of Africa as it is located just 85 kilometers (km) from the capital city, adjacent to a paved highway, and with access to local power and available water. A Preliminary Economic Assessment was completed in Q2 2011, a Resource Update by Q2-2012 and a Full Feasibility Study by Q3 2012. The company is targeting production of +250,000 oz/year by 2015.

Uranium in Niger

Orezone, through its 67% interest in Brighton Energy has made a new and significant uranium discovery in Niger, one of the largest producers of uranium worldwide. Consistent mineralization occurs on its Zéline 1 exploration permit located 25 km to the north of Areva's Arlit mines, which have produced 240 million pounds of uranium oxide (U3O8) since 1971.

Brighton Energy has five uranium permits covering an area of approximately 4,000 km² in Niger, and is spending up to $3 million on exploration in 2011. The stage is set for Brighton to add more value through continued drilling and defining of resources.