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Orezone: Drilling Discovers Four New Gold Zones on Sega Project.


OTTAWA -- Results include 13m grading 4.9 g/t and 19m grading 2.0 g/t in new Guibou Zone

Orezone Resources Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:OZN OZN Obiecte Zburatoare Neidentificate (Romanian: unidentified flying object)
OZN Organizacija Druzenih Narodov
)(AMEX AMEX

See: American Stock Exchange
:OZN) is pleased to announce the results from an ongoing 17,000m drilling program being carried out on the Company's 100 per cent owned Sega gold project (Seguenega Permit) in Burkina Faso Burkina Faso (burkē`nə fä`sō), republic (2005 est. pop. 13,925,000), 105,869 sq mi (274,200 sq km), W Africa. It borders on Mali in the west and north, on Niger in the northeast, on Benin in the southeast, and on Togo, Ghana, and , West Africa West Africa

A region of western Africa between the Sahara Desert and the Gulf of Guinea. It was largely controlled by colonial powers until the 20th century.



West African adj. & n.
.

The 15,000m reverse circulation ("RC") and 2,000m diamond drill core program, started in September, 2005 and is focussed on extensions to the three known zones (RZ, Bakou and Gambo) as well as drilling a number of new proximal targets. The overall objective is to build enough resources that would support a mining operation. One RC rig and one core rig will continue to drill until late December.

Highlights of the New Zones include:

- Guibou Zone: Hole GBC GBC Game Boy Color
GBC Global Business Coalition
GBC Green Building Council
GBC George Brown College
GBC Great Basin College (Nevada)
GBC General Binding Corporation
GBC Greater Baltimore Committee
GBC Goldey-Beacom College
518 intersected 13m grading 4.9 g/t and hole GBC520 intersected 19m grading 2.0 g/t 5km northeast of the RZ/Bakou/Gambo complex. These two holes are 150m apart and further drilling along strike is underway.

- Tiba SE Zone: Hole TBC tbc abbr (= to be confirmed) → por confirmar

tbc abbr (= to be confirmed) → noch zu bestätigen

tbc abbr
509 intersected 16m grading 2.3 g/t while hole TBC512 intersected 9m grading 4.1 g/t, 4km east of Guibou.

- Mossi Mossi (mŏs`ē), African people, numbering about 2.5 million, mostly in Burkina Faso. From c.A.D. 1000 the Mossi were organized into several kingdoms, one of which has continued to the present day.  Zone: Hole GRC GRC Greece (ISO Country code)
GRC Glenn Research Center (NASA)
GRC Governance, Risk and Compliance
GRC Gendarmerie Royale du Canada (RCMP - Canada)
GRC John H.
561 intersected 24m grading 1.5 g/t 500m WSW of Gambo.

- RZ East Extension: Hole RCZ RCZ Rear Combat Zone
RCZ Ren's Comic Zone (webcomic)
RCZ Racing Club Zurich (Switzerland) 
540 intersected 13m grading 3.2 g/t and hole RCZ536 intersected 34m grading 1.7 g/t to the east of previous drilling.

Ron Little, President of Orezone stated, "Many gold deposits in West Africa consist of a number lenses or zones that in aggregate, make an economic deposit and Sega is no exception to this model." He added that "Until now our drilling has been focussed on a relatively small 2.5 km2 area around the RZ/Bakou/Gambo complex. We are very encouraged that we have now identified new zones with potentially economic widths and grades along a 14km deformation corridor which stretches from Guibou to Tiba."

For a complete table of results see our website at www.orezone.com/site/media/press118.asp.

Samples were collected at a minimum of every 1m down the hole and analyzed using a 2kg bottle roll cyanide leach at the Abilab Laboratory in Ouagadougou, Burkina Faso, an internationally recognized laboratory. A minimum of 5% of the samples are for QA/QC QA/QC Quality Assurance/Quality Control , which includes pulp duplicates, coarse duplicates, standards and blanks. The program was carried out under the supervision of Jean Francois Sauvage, Exploration Manager, Pascal Marquis, VP Exploration and Jeffrey Ackert, VP Technical Services, and qualified person for Orezone.

The Company also announces the appointment of Gregory Bowes to the position of Vice President and Chief Financial Officer, replacing Douglas Perkins. The Board of Directors wishes to thank Mr. Perkins for his service and dedication to the Company since 2003 and wishes him well in his new career as the President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Gold Mines of Algeria. Mr. Bowes has been VP of Corporate Development with Orezone since 2003, has an MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 degree, and has held similar positions with other mining and engineering companies.

Orezone Resources Inc. (TSX:OZN)(AMEX:OZN) is an emerging gold producer that owns Essakane, the largest gold deposit in Burkina Faso, West Africa where its partner Gold Fields Limited is earning up to a 60% interest. Orezone also has a pipeline of promising projects, all located in politically stable areas of West Africa which is one of the world's fastest growing gold producing regions. Orezone's mission is to create wealth by discovering and developing the earth's resources in an efficient and responsible manner.

FORWARD-LOOKING STATEMENTS: This news release contains certain "forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Except for statements of historical fact relating to the company, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

Orezone Resources Inc. (TSX:OZN) (AMEX:OZN)
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 27, 2005
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