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Ottawa miner boasts of Burkina bonanza

Stock in Orezone Gold Corp. soared more than 50 per cent yesterday after the Ottawa-based miner “substantially increased” the resource estimate for its Bombore gold project in Burkina Faso.

Stock in Orezone Gold Corp. soared more than 50 per cent yesterday after the Ottawa-based miner “substantially increased” the resource estimate for its Bombore gold project in Burkina Faso.

Orezone closed up 76 cents, or 50.33 per cent, at $2.27 on volume of 12.7 million shares, making it the second most active issue on the Toronto Stock Exchange.

Orezone reported after markets closed Tuesday that gold resources at its 100 per cent owned Bombore deposit in the West African country “have substantially increased.”

“Bombore is now the largest undeveloped gold deposit in Burkina Faso and it remains open at depth and along strike,” president and CEO Ron Little said in a news release.

 
 
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