Orezone Gold Appoints Sean Harvey as Chairman
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Orezone Gold has appointed Sean Harvey as chair of the board of directors.
“On behalf of the company and the board, I would like to thank all of the shareholders who voted and to welcome Tara Hassan as Orezone’s newest board member,” said Sean Harvey, chair.
“In addition, we are grateful for Michael Halvorson for his past leadership and dedication to Orezone during his tenure as chair and director. Under Halvorson’s guidance, the company achieved significant milestones as it advanced Bomboré from an exploration stage project through development and into production. We also want to thank Charles Oliver who was a long-standing member of the board and made invaluable contributions to the company,” added Harvey.
“I am honored to assume the role of chair and look forward to working alongside this talented and dedicated team. The company is focused on deleveraging the balance sheet, building a strong treasury with the upcoming construction of the stage I hard rock expansion and a continued focus on exploration with a planned multi-year campaign,” concluded Harvey.
“On behalf of the board and shareholders, I welcome both Sean and Tara into their new appointments. Sean has an extremely well-established track record in West Africa and his experience will have a positive influence as the company continues to establish a platform for growth,” said Patrick Downey, president and CEO.
“With respect to the hard rock expansion, we are finalizing the debt proposal received from Coris Bank and expect to enter into a binding term sheet this month. With regards to the multi-year exploration campaign, drilling is anticipated to commence in Q3-2024. The focus of this program will be to add additional high-grade ounces to the project’s mineral inventory, in addition to testing the broader tier 1 potential of the Bomboré mineralized system. We see significant potential to advance on both fronts,” added Downey.
Orezone Gold is a West African gold producer engaged in mining, developing, and exploring its flagship Bomboré Gold Mine in Burkina Faso. The Bomboré mine achieved commercial production on its oxide operations on December 1, 2022, and is now focused on its staged hard rock expansion that is expected to materially increase annual and life-of-mine gold production from the processing of hard rock mineral reserves. Orezone is led by an experienced team focused on social responsibility and sustainability with a proven track record in project construction and operations, financings, capital markets and M&A.
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