Orezone strikes more gold at Kerboul in West Africa

Junior Orezone Resources (ORZ-M) has received more encouraging results from reverse-circulation drilling at its Kerboul gold property in northern Burkina Faso.

Eight holes sunk in the Kerboul South zone returned up to 18.8 grams per tonne over 6 metres. The recent holes followed up those drilled earlier this year which outlined three northeasterly trending structures in oxidized felsic porphyry.

Gold values ranged from 0.5 to 18.8 grams per tonne over intervals of 6 to 34 metres. Higher-grade values appear to be related to more intense quartz-veining, alteration and shearing in the host rock.

Six kilometres west of the Kerboul North area, the company discovered an outcrop of intensely brecciated mafic volcanics. The outcrop, which returned an average grade of 15.7 grams over 5 metres, is 50 km south of an area of artisanal mining.

Soil sampling 11 km further west outlined a 1-sq.-km area containing up to 1 gram gold. Several nearby outcrops exhibit quartz-stockworks in altered metasedimentary rocks, and artisanal workings are present.

Orezone can earn a 90% interest in the 500-sq.-km property. The government holds a 10% carried interest

At the company’s Intidougou property, several hundred kilometres to the southwest, reverse-circulation drilling has confirmed mineralization below the C showing. Two holes each intersected 2 metres grading 8.3 grams and 10.6 grams at depths of 15 and 30 metres, respectively, below silicified, brecciated and mineralized bedrock. Another two holes collared further east returned 8 metres grading 3.4 grams and 14 metres grading 4.1 grams.

The ‘zone’ now strikes at least 200 metres and remains open to the east and at depth. It lies 1.5 km northeast of the A zone, where limited diamond drilling returned up to 11.4 grams over 8.1 metres of intensely altered syenite and associated volcanic rocks.

To the north, in the Peksou area, rapid-air-blast drilling returned up to 3.6 grams gold from an area measuring 700 metres by 200 metres. Mineralization is hosted in a felsic intrusion, which is overlain by 15 metres of saprolite.

Results from regional soil and rock sampling are pending.

Preliminary RC drilling at the Sebedougou and Bouboulou properties has intersected gold-bearing structures beneath soil anomalies. One hole at Sebedougou returned 2.9 grams over 16 metres, whereas one at Bouboulou returned 1.3 grams over 10 metres.

The company can earn a 60% interests in both properties. It will resume exploration in Burkina Faso following the end of the rainy season in September.