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Orezone Enters Into Life of Mine LNG and Solar Power

Bomboré will be Burkina Faso’s First Mine to use LNG as the Main Power Source. ....

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Orezone Enters Into Life of Mine LNG and Solar Power Contract for Bomboré and Provides Development Update Bomboré will be Burkina Faso's First Mine to use LNG as the Main Power Source


VANCOUVER, British Columbia, June 02, 2021 (GLOBE NEWSWIRE) —
Orezone Gold Corporation (TSX.V: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) is very pleased to announce that it has signed a Power Purchase Agreement (“PPA”) with Genser Energy Burkina S.A. (“Genser”) for the supply of clean energy electrical power for its Bomboré Gold Project, located in Burkina Faso.
PPA Highlights
Genser will use liquefied natural gas (“LNG”) as its main fuel, augmented with a staged solar plant. The Bomboré project will be the first mine in Burkina Faso to use LNG to power its operations.
Fixed rate energy tariff will apply over the life-of-mine (“LOM”) oxide operation with a fixed rate tariff to be negotiated for the additional energy demand upon commissioning of the sulphide processing circuit expected in Year 3 of commercial production. ....

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