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Resources

Orezone has 2.3 Moz Measured & Indicated and 2.2 Moz of Inferred resources at its three, 100%-owned projects in Burkina Faso.

Category Tonnes
(million)
Grade
(Au g/t)
Gold Content
(ounces)
Bomboré
Measured & Indicated 60.9 0.81 1,589,000
Inferred 60.6 0.96 1,873,000
Sega
Measured & Indicated 8.3 1.69 450,400
Inferred 2.9 1.58 147,300
Bondi
Measured & Indicated 4.1 2.12 282,000
Inferred 2.5 1.84 149,700
TOTAL NI 43-101
Measured & Indicated 73.3 0.98 2,321,400
Inferred 66.0 1.02 2,170,000

NOTE: Mineral Resources are not mineral reserves and do not have demonstrated economic viability. All figures have been rounded to reflect the relative accuracy of the estimates.

Bomboré mineral resources are constrained within a US$ 1025 Whittle pit shell and above a cut-off of 0.3 g /t for the oxide material, 0.35 g/t for the transition material and 0.5 g/t for the fresh material. Resource estimate performed by Orezone and audited by SRK Consulting (Canada) Inc. from Toronto, Canada, October 2010.

Sega mineral resources are above a cut off of 0.5 g/t. Resource estimate performed by Orezone, January 2010.

Bondi mineral resources are above a cut-off of 0.5 g/t. Resource estimate performed by Orezone and audited by Met-Chem Canada Inc. from Montreal, Canada, January 2009.