Orezone Essakane Satellite Gold Deposit Yields Positive Results
Reverse Circulation drilling at Falagountou returns 22 m of 1.83 g/t
Orezone Resources Inc. (OZN:TSX,
AMEX) ) is pleased to announce the results of a recently completed 31 hole, 2,820 m Reverse Circulation (RC) drilling program on the Falagountou Deposit located 8 km east of the Essakane Main Zone (EMZ) in Burkina Faso, West Africa. The program was designed to advance and verify the geological model of two mineralized zones that had been previously outlined by the Company. The recent drilling has confirmed the geological model and intersected higher grade mineralization in several areas including 13 m of 2.46 g/t and 22 m of 1.83 g/t.
In addition, a 2,368 m in-fill diamond drilling (DD) program was just completed at Falagountou to test for down-dip and down-plunge continuity; results should be released during the second quarter. The 2008 RC and DD data will be used to update the current resource model and produce a NI 43-101 compliant resource estimate to be released before year end. The Company’s objective is to outline one or more years of additional oxide ore for the CIL plant envisioned at Essakane. In conjunction with this program, the Company is also working on design modifications to increase the plant’s throughput of oxide and transitional ores in the early years of production. A location map and more information regarding this project are available on the Orezone website.
Table 1 Significant results from the 2008 Falagountou RC program
|
Hole
(ID) |
Section
(ID) |
From
(m) |
To
(m) |
Length
(m) |
Au
(g/t) |
|
FRC1734 |
F0650N |
29 |
36 |
7 |
1.82 |
|
48 |
54 |
6 |
2.57 |
|
FRC1736 |
F0625N |
56 |
61 |
5 |
3.53 |
|
FRC1737 |
F0600N |
54 |
67 |
13 |
2.46 |
|
FRC1738 |
F0525N |
54 |
57 |
3 |
4.29 |
|
59 |
62 |
3 |
0.59 |
|
FRC1742 |
F0300N |
45 |
49 |
4 |
1.27 |
|
66 |
69 |
3 |
1.61 |
|
FRC1743 |
F0350N |
18 |
22 |
4 |
1.95 |
|
27 |
31 |
4 |
1.14 |
|
34 |
46 |
12 |
1.57 |
|
FRC1745 |
F0425N |
38 |
60 |
22 |
1.83 |
|
62 |
65 |
3 |
1.88 |
|
FRC1746
|
F0450N
|
14 |
19 |
5 |
0.89 |
|
21 |
29 |
8 |
2.92 |
|
41 |
44 |
3 |
0.67 |
|
57 |
60 |
3 |
0.84 |
|
FRC1747 |
F0475N |
29 |
35 |
6 |
1.44 |
|
41 |
46 |
5 |
1.78 |
|
59 |
63 |
4 |
1.91 |
|
FRC1748 |
F0550N |
29 |
35 |
6 |
3.43 |
|
FRC1749 |
F0600N |
0 |
3 |
3 |
1.04 |
|
45 |
50 |
5 |
1.11 |
|
FRC1750 |
F0675N |
45 |
48 |
3 |
0.81 |
|
58 |
62 |
4 |
3.86 |
|
FRC1752 |
F0525N |
14 |
22 |
8 |
0.9 |
|
40 |
48 |
8 |
2.08 |
|
FRC1753
|
F0500N
|
4 |
7 |
3 |
2.16 |
|
42 |
50 |
8 |
2.29 |
|
56 |
59 |
3 |
0.94 |
|
FRC1755 |
F0425N |
73 |
79 |
6 |
1.14 |
|
81 |
85 |
4 |
0.48 |
|
FRC1758 |
F0400N |
43 |
49 |
6 |
2.77 |
|
67 |
70 |
3 |
0.66 |
|
FRC1759 |
F0300N |
58 |
61 |
3 |
6.9 |
|
FRC1768 |
F0500N |
38 |
43 |
5 |
2.44 |
|
86 |
92 |
6 |
2.02 |
|
FRC1770 |
F0450N |
52 |
56 |
4 |
3.83 |
|
FRC1771 |
F0650N |
3 |
6 |
3 |
1.02 |
|
41 |
44 |
3 |
0.55 |
