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Orezone Sells 50% Silver Production From Bombore for US$7.15M to Fund Exploration During Construction


Article content
VANCOUVER, British Columbia, March 01, 2021 (GLOBE NEWSWIRE) Orezone Gold Corporation (TSX.V: ORE OTCQX: ORZCF) is pleased to announce it has entered into a binding letter of intent for a silver streaming agreement with EURO Ressources S.A. (“EURO”) to sell 50% of the future payable silver production from the Bomboré Gold Project for an upfront cash payment of US$7,150,000.
Highlights
Realizes value for silver not included in the 2019 feasibility study –
The value of the silver is not included in the 2019 Bomboré feasibility study due to a lack of assay data. This streaming deal now unlocks that value while allowing the Company to participate in the remaining 50% silver values; ....

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