General

Orezone Sources Inc.: Drilling Identifies New Mineralized Zone at Bondi Gold Accomplishing

Monday, February 5, 2007 12: 30 PM

Orezone Sources Inc. (TSX: OZN)(AMEX: OZN) is elated to file assay outcomes from 2,200m of a 5,800m reverse circulation (“RC”) drill program accomplished in December 2006 on its 924km2 Bondi Accomplishing in Burkina Faso, West Africa. Highlights consist of the discovery of a original gold bearing zone, with the only real intersection being 14m at 4.1 g/t in gap BRC635, and 30m at 2.9 g/t in gap BRC632 which is the deepest intersection within the previously stumbled on neighboring zone. The Bondi block of four contiguous permits covers a full strike length of 57km all throughout the Hounde greenstone belt and now contains four possibly open pittable mineralized zones as well to to many mineralized showings that line-up alongside a precept structural hall. Drilling continues at Bondi as portion of an ongoing $5.2 million exploration program in Burkina Faso. Please test with www.orezone.com/field/media/Press141.asp for maps and outcomes up to now.

The original mineralized zone (Zone 2NW) is approximately 225m lengthy and has been drilled to a depth of 30m where it stays open (seek Table 1 for summary). It is found about 80m West of Zone 2NE (previously Zone 2N). A discover up RC drill program will delivery in February to additional elaborate the zone. Extra core drilling, to verify down dip extensions, is deliberate for every zones later this season. Identical targets are on the spot to the south of Zone 2NE by geophysics and could perchance possibly be tested within the following program.

Table 1
Zone        Share     Gap#      From        To  Length(i)   Grade
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m         m         m      g/t
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2NE            4550    BRC624     81.00     90.00      9.00     1.58
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2NE            4450    BRC630     76.00     86.00     10.00     2.03
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2NE            4450    BRC630     90.00     94.00      4.00     0.83
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2NE            4450    BRC631     44.00     54.00     10.00     2.12
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2NE            4425    BRC632      0.00      4.00      4.00     3.67
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2NE            4425    BRC632     18.00     29.00     11.00     3.06
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2NE            4425    BRC632     34.00     37.00      3.00     0.68
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2NE            4425    BRC632     44.00     74.00     30.00     2.93
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2NE            4375    BRC633     29.00     34.00      5.00     1.31
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2NW            4450    BRC629     65.00     70.00      5.00     2.13
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2NW            4400    BRC634     36.00     45.00      9.00     4.06
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2NW            4350    BRC635     45.00     59.00     14.00     4.09
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2NW            4350    BRC635     64.00     67.00      3.00     1.59
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2NW            4325    BRC636     24.00     28.00      4.00     6.09
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2NW            4325    BRC636     51.00     54.00      3.00     1.31
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2NW            4300    BRC637     17.00     26.00      9.00     2.79
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2NW            4300    BRC664     36.00     40.00      4.00     2.99
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2NW            4300    BRC664     43.00     47.00      4.00     1.67
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2NW            4275    BRC638     21.00     25.00      4.00     5.80
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2NW            4275    BRC638     28.00     34.00      6.00     1.36
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(i) Factual widths are estimated to be 65% of the above down-hollowintercepts.

“This project continues to grow at a regular tempo and exhibits future promise,” talked about Mr. Ron Puny, President & CEO for Orezone. “The purpose of curiosity is to elaborate quite so much of mineable zones at floor that could even be exploited and processed through both heap leaching or a CIL plant. The Bondi Main constructing is purely 4km of a 57km NE trending hall that hosts quite so much of mineralized zones. We remain optimistic regarding the doable for the Bondi extensions, analogous targets, and the relaxation of your entire hall under our retain watch over,” persisted Puny.

Drilling on the Bondi Accomplishing property became once supervised by Dr. Pascal Marquis, VP Exploration, who is a Qualified Particular person under National Instrument 43-101 and has reviewed and approved the technical files in this open. Samples enjoy been clean at on the very least every 1m down the opening and they enjoy been analyzed the usage of a 2kg bottle roll cyanide leach on the Abilab Laboratory in Ouagadougou, Burkina Faso, an internationally known laboratory. Now not no longer up to 10% of the samples are for QA/QC, which involves random head assays, duplicates, requirements and blanks, as well to tail assays on samples that returned no longer no longer up to 0.5 g/t.

Orezone is an emerging gold producer that has an exploration enable for Essakane, one of the best gold deposit in Burkina Faso, West Africa where accomplice Gold Fields Restricted is earning a 60 per cent curiosity by polishing off a bankable feasibility scrutinize. Orezone also has a pipeline of promising projects, all positioned in politically stable areas of West Africa which is one in all the field’s fastest rising gold producing regions. Orezone’s mission is to originate wealth by discovering and lengthening the earth’s resources in an efficient and responsible draw.

FORWARD-LOOKING STATEMENTS: This news open contains obvious “forward-wanting statements” all throughout the that draw of Share 21E of the united states Securities Substitute Act of 1934, as amended. Rather then for statements of historical truth regarding to the corporate, obvious files contained herein constitutes forward-wanting statements. Ahead-wanting statements are regularly characterised by words corresponding to “draw,” “quiz of,” “project,” “intend,” “imagine,” “await”, “estimate” and other identical words, or statements that obvious events or stipulations “could perchance possibly” or “will” occur. Ahead-wanting statements are in step with the opinions and estimates of management on the date the statements are made, and are arena to a selection of risks and uncertainties and other factors that could perchance possibly build of abode off right events or outcomes to range materially from those projected within the forward-wanting statements. These factors consist of the inherent risks taking into account the exploration and pattern of mineral properties, the uncertainties taking into account decoding drilling outcomes and other geological files, fluctuating steel costs, the different of project fee overruns or unanticipated costs and fees, uncertainties regarding to the offer and fees of financing needed within the long run and other factors. The Company undertakes no responsibility to update forward-wanting statements if conditions or management’s estimates or opinions could perchance possibly clean commerce. The reader is cautioned to no longer build undue reliance on forward-wanting statements.

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