Orezone Resources Inc.

Orezone Resources Inc.

March 07, 2005 08:30 ET

Orezone Resources: Mining For Water Recognizes Significant Industry Contributions


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: OREZONE RESOURCES INC.

TSX, AMEX SYMBOL: OZN

MARCH 7, 2005 - 08:30 ET

Orezone Resources: Mining For Water Recognizes
Significant Industry Contributions

TORONTO, ONTARIO--(CCNMatthews - March 7, 2005) - PDAC, Booth 2327

Barrick Gold and Glencairn Gold Recognized for Outstanding Achievements

Last year at the PDAC Ron Little, president of Orezone Resources
(TSX:OZN)(AMEX:OZN) and 13 year old Ryan Hreljac, founder of the Ryan's
Well Foundation, announced the launch of Mining for Water, a new program
developed to leverage the resources of the global exploration and mining
industry to substantially improve the quality of life of people in
developing countries by providing access to clean, fresh drinking water.

Mining for Water (www.miningforwater.com) challenged the global mining
community, including all exploration and mining companies, drilling
contractors, brokers, agents, lawyers and other service providers, to
raise $1 million and drill 150 water wells in the developing world by
either contributing financially to Ryan's Well Foundation or directly
undertaking water related projects. One of the objectives of Mining for
Water is to have the substantial contribution already being made in this
area by the mining community recognized both in Canada and
internationally.

Mining for Water is pleased to announce that of the projects submitted,
the most outstanding contribution from a senior company was made by
Barrick Gold Corporation. During construction of its Bulyanhulu Mine in
Tanzania, Barrick built a US $5.5 million pipeline from Lake Victoria
and dedicated 40 per cent of its capacity to local communities. Barrick
also completed 18 shallow wells, and a number of deep wells with a
pipeline system to service nearby villages. Near its Tulawaka Mine in
Tanzania, Barrick is in the process of completing five shallow wells and
three deep boreholes. The total additional cost to Barrick of providing
improved community access to clean, reliable sources of water was US
$2.8 million!

The most outstanding contribution from a small or intermediate sized
company was made by Glencairn Gold Corporation which is spending US
$265,000 on community water supply projects. In 2004 Glencairn
constructed a pipeline from a freshwater spring in the hills above its
Bellavista Mine in Costa Rica and connected it to the water system of
the town of Miramar (pop. 5,000) at a total cost of US $125,000. The
pipeline replaced a number of springs which were contaminated due to
farming and other human activities. Glencairn is also donating land
containing another spring and will replace aging water tanks in Miramar
at a total cost up to $100,000. At its Limon Mine in Nicaragua,
Glencairn is spending US $40,000 on a water treatment facility that will
also provide clean water to the town of Limon (pop. 5,000).

Mining for Water would also like to acknowledge the support and
contributions of BMO Nesbitt Burns, Canaccord Capital, Westwind
Partners, Stikeman Elliot, High River Gold and Gold 2000.

Ron Little, President and CEO of Orezone stated that: "While we do not
yet have a comprehensive list of all companies that completed water
projects in 2004, we hope that the recognition being received by Barrick
and Glencairn will stimulate others to come forward with existing
projects, plan new ones, or make a donation to Ryan's Well Foundation."
He added that "the mining industry is making a difference and it is time
to be recognized."

"One out of every five people on earth does not have access to safe
drinking water. 30,000 people die every day from drinking contaminated
water," said Ryan Hreljac, founder of the Ryan's Well Foundation and
co-chair of Mining for Water. "UNICEF says that 80 per cent of sickness
and death among children is caused by water-related diseases - that's
almost four million deaths every year. Exploration and mining companies
can help because they are already working in developing countries and
they have powerful drills and experienced crews. Mining companies are
urged to determine the need for clean water and sanitation in areas near
their drilling sites and be pro-active in addressing these issues.

About Ryan's Well Foundation

Ryan's Well Foundation (www.ryanswell.ca) is a not-for-profit
organization led by 13-year old Ryan Hreljac, from Kemptville, Ontario,
Canada. At age six Ryan first participated in a project to raise money
to drill a well to provide fresh water to a village in Africa. Since
then, Ryan's Well has raised more than $800,000 and drilled 75 clean
water wells in seven countries benefiting more than 100,000 people, and
Ryan continues to travel extensively around the world to educate others
about water-related issues.

Orezone Resources Inc.

Orezone Resources Inc. (www.orezone.com) is an emerging Canadian gold
producer whose activities are focused on the West African country of
Burkina Faso. Orezone's mission is to create wealth by discovering and
developing the earth's resources in an efficient and responsible manner.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Orezone Resources Inc.
    Gregory Bowes
    Vice-President, Corporate Development
    (613) 241-3699
    gbowes@orezone.com