With gold M&A heating up, could Orezone’s Bomboré project be ripe for the picking?
Construction of Orezone Gold’s Bomboré project in Burkina Faso is making progress (Credit: Orezone Gold)
Gold analysts are pointing to substantial levels of pent-up demand for mergers and acquisitions (M&A) activity in the mid-tier and emerging producer space in the coming months, as the world emerges from the pandemic crisis and people can conduct onsite physical due diligence again.
One of the hot picks tipped for acquisition is Orezone Gold (TSXV: ORE, US-OTC: ORZCF) and its Bomboré gold development project in Burkina Faso.
With gold M&A heating up, could Orezone s Bomboré project be ripe for the picking? northernminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northernminer.com Daily Mail and Mail on Sunday newspapers.
Orezone Selects Lycopodium as EPCM Contractor and Provides Bomboré Project Development Update
VANCOUVER, British Columbia, Jan. 05, 2021
Orezone Gold Corporation (TSX.V: ORE OTCQX: ORZCF) is pleased to announce that it has taken several key steps in advancing its 90% owned Bomboré Gold Project towards project construction. Highlights include:
EPCM Award: The Company has awarded the engineering, procurement, and construction management (“EPCM”) contract to Lycopodium Minerals Pty Ltd. (“Lycopodium”), a company with an excellent track record of delivering projects on time and on budget in West Africa. First gold is scheduled for early Q3-2022.
Phase I Resettlement Action Plan (“RAP”): All villages and infrastructure have now been completed. Relocation of households is proceeding smoothly with relocation substantially complete. This opens access to all areas required for the preparation of the process plant, surface infrastructure, and key mining areas including t