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Orea Secures 100% of 5 million Ounce Montagne d'Or Gold Deposit

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Responsible Mining for
Sustainable Development

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What's New

Orea Secures 100% of 5 million Ounce Montagne d'Or Gold Deposit

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October
24
Orea Sells Antino Project Option to Focus on 5 Million Oz Montagne d’Or Gold Project
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September
13
Orea Obtains Approval of French Sanctions Authorities for Acquisition of 100% of 5 million Ounce Montagne d'Or Gold Deposit
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August
31
Orea Secures 100% of 5 million Ounce Montagne d'Or Gold Deposit
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June
30
Orea Initiates Negotiations with Nordgold to Obtain 100% of the 5 Million Ounce Montagne d'Or Gold Deposit; Sanctions Extension Granted by U.S. Department of Treasury, OFAC
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What's New

  • Orea Files Nine Month Financial Report

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Projects

Montagne d'Or

Orea 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.

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Antino

Antino is an advanced stage gold exploration project located in mining friendly Suriname, South America, 275 kilometers southeast of the capital Paramaribo. The project consists of Rights to Exploitation of Gold (Suriname mining titles) covering 200 square kilometers.

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Stock Info

Symbol
TSX:OREA

Share Price

Last Price
$0.08

Financials

Nine Month Period Report2022
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Six Month Period Report2022
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