What's New
Orea Announces $1 Million Private Placement
Read MoreOrea Announces $1 Million Private Placement
Read MoreOrea Announces $1 Million Private Placement
Read MoreOrea is developing its 45% owned gold deposit, which hosts NI-43-101 Proven and Probable Reserves of 2.75 M oz gold (54.11 million tonnes @ 1.58 g/t gold) The results of the 2017 BFS demonstrate an open pit mining operation with average annual gold production of 237,000 oz over the first 10 years of mine life at an average grade of 1.73 g/t gold that results in an average AISC of US$749 per oz. There is considerable expansion potential on strike and at depth.
View ProjectLocated in eastern French Guiana, 50 kilometres south of the capital city of Cayenne, is comprised of up to five contiguous exploration permits that cover an area of approximately 120 square kilometres. Gold has been mined in the area for over a century; approximate past recorded gold production within the project area is 40,000 ounces (1985 to 1996).
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