Drilling Identifies New Mineralized Zone at Bondi Project
Brings potential open pittable zones to four
Orezone Resources Inc. (OZN:TSX,
AMEX)
is pleased to report assay results from 2,200m of a 5,800m reverse circulation (“RC”) drill program completed in December 2006 on its 924km2 Bondi Project in Burkina Faso, West Africa. Highlights include the discovery of a new gold bearing zone, with the best intersection being
14m at 4.1 g/t in hole BRC635, and 30m at 2.9 g/t in hole BRC632 which is the deepest intersection in the previously discovered neighboring zone. The Bondi block of four contiguous permits covers a total strike length of 57km within the Houndé greenstone belt and now contains four main mineralized zones in addition to many mineralized showings that line-up along a principle structural corridor. Drilling continues at Bondi as part of an ongoing $5.2 million exploration program in Burkina Faso.
Hounde Belt Regional Geology Map and Tenements
Bondigui Structure 2006 - 2007
Bondigui Zone 2N E and W
The new mineralized zone (Zone 2NW) is approximately 225m long and has been drilled to a depth of 30m where it remains open (see Table 1 for summary). It is located about 80m West of Zone 2NE (previously Zone 2N). A follow up RC drill program will commence in February to further define the zone. Additional core drilling, to test down dip extensions, is planned for both zones later this season. Similar targets are suggested to the south of Zone 2NE by the geophysics and will be tested in the next program.
|
Zone |
Section |
Hole |
From |
To |
Length |
Grade |
|
|
|
|
|
m |
m |
m |
g/t |
|
|
Zone 2NE |
4550 |
BRC624 |
81.00 |
90.00 |
9.00 |
1.58 |
Recent Program |
|
Zone 2NE |
4525 |
BRC540 |
86.00 |
94.00 |
8.00 |
1.42 |
|
|
Zone 2NE |
4500 |
BRC539 |
35.00 |
48.00 |
13.00 |
2.21 |
|
|
Zone 2NE |
4475 |
BRC535 |
42.00 |
64.00 |
22.00 |
3.80 |
|
|
Zone 2NE |
4475 |
BRC608 |
10.00 |
28.00 |
18.00 |
1.91 |
|
|
Zone 2NE |
4475 |
BRC609 |
90.00 |
108.00 |
18.00 |
2.58 |
|
|
Zone 2NE |
4450 |
BDD041 |
106.50 |
111.00 |
4.50 |
5.27 |
|
|
Zone 2NE |
4450 |
BDD041 |
118.50 |
123.00 |
4.50 |
1.13 |
|
|
Zone 2NE |
4450 |
BRC508 |
18.00 |
47.00 |
29.00 |
3.06 |
|
|
Zone 2NE |
4450 |
BRC536 |
39.00 |
52.00 |
13.00 |
1.35 |
|
|
Zone 2NE |
4450 |
BRC536 |
73.00 |
84.00 |
11.00 |
2.07 |
|
|
Zone 2NE |
4450 |
BRC537 |
18.00 |
26.00 |
8.00 |
3.47 |
|
|
Zone 2NE |
4450 |
BRC537 |
32.00 |
50.00 |
18.00 |
5.04 |
|
|
Zone 2NE |
4450 |
BRC630 |
76.00 |
86.00 |
10.00 |
2.03 |
Recent Program |
|
Zone 2NE |
4450 |
BRC630 |
90.00 |
94.00 |
4.00 |
0.83 |
Recent Program |
|
Zone 2NE |
4450 |
BRC631 |
44.00 |
54.00 |
10.00 |
2.12 |
|
|
Zone 2NE |
4425 |
BRC502 |
2.00 |
9.00 |
7.00 |
1.94 |
|
|
Zone 2NE |
4425 |
BRC502 |
11.00 |
27.00 |
16.00 |
4.39 |
|
|
Zone 2NE |
4425 |
BRC502 |
29.00 |
32.00 |
3.00 |
0.72 |
|
|
Zone 2NE |
4425 |
BRC503 |
36.00 |
40.00 |
4.00 |
2.33 |
|
|
Zone 2NE |
4425 |
BRC503 |
62.00 |
71.00 |
9.00 |
2.05 |
|
|
Zone 2NE |
4425 |
BRC534 |
2.00 |
17.00 |
15.00 |
1.67 |
|
|
Zone 2NE |
4425 |
BRC534 |
21.00 |
46.00 |
25.00 |
3.80 |
|
|
Zone 2NE |
4425 |
BRC534 |
48.00 |
51.00 |
3.00 |
1.50 |
|
|
Zone 2NE |
4425 |
BRC632 |
0.00 |
4.00 |
4.00 |
3.67 |
Recent Program |
|
Zone 2NE |
4425 |
BRC632 |
18.00 |
29.00 |
11.00 |
3.06 |
Recent Program |
|
Zone 2NE |
4425 |
BRC632 |
34.00 |
37.00 |
3.00 |
0.68 |
Recent Program |
|
Zone 2NE |
4425 |
BRC632 |
44.00 |
74.00 |
30.00 |
