Orezone Gold Corporation (TSX:ORE) is pleased to announce additional positive oxide and sulphide drill results from the recently completed 215,000 m infill and expansion drill program at its 100% owned Bombore Gold Project in Burkina Faso, West Africa. Results include 146 reverse circulation (RC) holes (8,786 m) and 83 diamond drill (DD) core holes (13,163 m) from the northern portion of the 11 km long Bombore resource (see Table 3. below). The majority of these core results are from the northern P8P9 area which comprises a significant portion of the 2010 resource. The remaining 35,000 m of results are expected in May and a full NI 43-101 compliant resource update will be released at the end of June.

"These results confirm the more robust nature of the P8P9 area with respect to continuity, widths and grades that occurs to depths of 120 m, the current average depth drilling," said Ron Little, CEO for Orezone. "This further highlights the potential to significantly expand and upgrade the Bombore resource and improve the grade and preliminary economics of the project announced in June 2011."

Resource Definition Drilling

Orezone has completed 115,423 m of new RC drilling and 101,317 m of new core drilling on Bombore. Over 92,000 m of RC results and 82,000 of core results have been received, including 100% of the results from the southern portion of the project for which resource modeling is already in progress. Further expansion and exploration drilling will continue during the second quarter in the southern portion of the project with two core rigs and Orezone's own RC rig, with a focus on the Siga South area; those results are expected during the third quarter.

Regional Exploration

Reconnaissance mapping and prospecting is ongoing with auger drilling to commence this month on the new Toeyoko permit and also on Bombore I permit new oxide targets; those results are expected during the third quarter.

Table 1. Cumulative Current Program Results Reported to Date


----------------------------------------------------------------------------
             Current Program Results Reported to Date          Average Grade
----------------------------------------------------------------------------
                                                            Uncut     Cut(1)
Zone                  Holes       meters   % Complete       (g/t)      (g/t)
----------------------------------------------------------------------------
CFU - RC                  9          582            7%       1.22       1.13
----------------------------------------------------------------------------
CFU - DD                  4          653           17%       1.17       1.09
----------------------------------------------------------------------------
Maga - RC               142        8,962           41%       1.22       1.13
----------------------------------------------------------------------------
Maga - DD                59        8,872           44%       1.17       1.09
----------------------------------------------------------------------------
P8P9 - RC               613       39,400           99%       1.20       1.03
----------------------------------------------------------------------------
P8P9 - DD               159       25,781           93%       1.20       0.99
----------------------------------------------------------------------------
North - RC              764       48,944           68%       1.20       1.05
----------------------------------------------------------------------------
North - DD              222       35,306           67%       1.20       1.02
----------------------------------------------------------------------------
P11 - RC                239       12,517          100%       1.02       0.97
----------------------------------------------------------------------------
P11- DD                  75       10,878          100%       1.06       0.96
----------------------------------------------------------------------------
Siga E - RC             182        9,893          100%       1.05       0.96
----------------------------------------------------------------------------
Siga E - DD              78       11,354          100%       1.27       1.06
----------------------------------------------------------------------------
Siga W - RC             146        7,401          100%       0.92       0.88
----------------------------------------------------------------------------
Siga W - DD              74       10,450          100%       0.90       0.87
----------------------------------------------------------------------------
Siga S - RC             208       10,517          100%       2.20       0.97
----------------------------------------------------------------------------
Siga S - DD              60        9,619          100%       1.08       1.01
----------------------------------------------------------------------------
South - RC              775       40,328          100%       1.45       0.95
----------------------------------------------------------------------------
South- DD               287       42,301          100%       1.07       0.97
----------------------------------------------------------------------------
P17 N - RC                4          201          100%       0.98       0.98
----------------------------------------------------------------------------
P17 N - DD                0            0          100%                      
----------------------------------------------------------------------------
P17 - RC                 25        1,227          100%       2.24       1.86
----------------------------------------------------------------------------
P17 - DD                 23        2,879          100%       1.50       1.38
----------------------------------------------------------------------------
P16 - RC                 29        1,544          100%       1.36       1.30
----------------------------------------------------------------------------
P16 - DD                 16        1,983           58%       3.12       1.97
----------------------------------------------------------------------------
SE - RC                  58        2,972          100%       1.63       1.46
----------------------------------------------------------------------------
SE - DD                  39        4,862           72%       2.31       1.67
----------------------------------------------------------------------------
----------------------------------------------------------------------------
All - RC              1,597       92,244           80%       1.32       1.03
----------------------------------------------------------------------------
----------------------------------------------------------------------------
All - DD                548       82,468           81%       1.18       1.03
----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                                                            
(1)  Weighted average grade of individual assays, cut to 5 g/t, that occur  
     both in and outside the 2010 Whittle pit shells                        

Table 2. Breakdown of Drilling Meterage for this Release


----------------------------------------------------------------------------
Zone                             Diamond Drill           Reverse Circulation
                ------------------------------------------------------------
                     # of holes         meters     # of holes         meters
----------------------------------------------------------------------------
CFU                           0              0              9            582
----------------------------------------------------------------------------
Maga                          9          1,171             92          5,507
----------------------------------------------------------------------------
P8P9                         74         11,993             45          2,697
----------------------------------------------------------------------------
P17                           0              0              0              0
----------------------------------------------------------------------------
P16                           0              0              0              0
----------------------------------------------------------------------------
Siga S                        0              0              0              0
----------------------------------------------------------------------------
Siga W                        0              0              0              0
----------------------------------------------------------------------------
Siga E                        0              0              0              0
----------------------------------------------------------------------------
P11                           0              0              0              0
----------------------------------------------------------------------------
TOTAL                        83         13,019            146          8,786
----------------------------------------------------------------------------

Table 3. Highlights of Diamond Drill Hole Results for this Release

(Includes holes previously reported for which the final total assay results are now available)


----------------------------------------------------------------------------
                                                    Uncut       Cut         
                          From      To   Length  Grade(2)  Grade(3)    Total
Zone  Section   Hole #     (m)     (m)      (m)     (g/t)     (g/t) Assay(4)
----------------------------------------------------------------------------
P8P9     2000  BBD0588   85.00   92.00     7.00      1.46      1.46         
----------------------------------------------------------------------------
P8P9     1950  BBD0543   38.50   46.00     7.50      2.47      2.47         
----------------------------------------------------------------------------
P8P9     1950  BBD0543   72.00   85.00    13.00      5.12      1.12         
----------------------------------------------------------------------------
P8P9     1950  BBD0543  104.00  143.00    39.00      1.12      1.12         
----------------------------------------------------------------------------
P8P9     1950  BBD0544   78.00   82.00     4.00      5.21      2.53  Pending
----------------------------------------------------------------------------
P8P9     1950  BBD0544  159.00  166.00     7.00      1.61      1.61  Pending
----------------------------------------------------------------------------
P8P9     1950  BBD0544  187.00  214.00    27.00      0.98      0.98  Pending
----------------------------------------------------------------------------
P8P9     1950  BBD0545  121.00  129.00     8.00      4.30      1.95  Pending
----------------------------------------------------------------------------
P8P9     1900  BBD0609  118.00  123.00     5.00      2.73      2.22         
----------------------------------------------------------------------------
P8P9     1900  BBD0611  129.00  165.00    36.00      1.21      1.21         
----------------------------------------------------------------------------
P8P9     1900  BBD0612   78.00   99.00    21.00      1.66      1.50  Pending
----------------------------------------------------------------------------
P8P9     1900  BBD0615  127.00  136.00     9.00      1.87      1.87  Pending
----------------------------------------------------------------------------
P8P9     1850  BBD0500   53.00   65.00    12.00      1.09      1.02         
----------------------------------------------------------------------------
P8P9     1850  BBD0701  149.00  164.00    15.00      1.30      1.30         
----------------------------------------------------------------------------
P8P9     1800  BBD0537  100.00  108.00     8.00      1.27      1.27         
----------------------------------------------------------------------------
P8P9     1800  BBD0537  113.00  123.00    10.00      1.42      1.42         
----------------------------------------------------------------------------
P8P9     1800  BBD0538   35.50   48.50    13.00      1.42      1.42         
----------------------------------------------------------------------------
P8P9     1800  BBD0538  141.00  159.00    18.00      0.88      0.88         
----------------------------------------------------------------------------
P8P9     1800  BBD0539    0.00    6.00     6.00      3.23      3.02         
----------------------------------------------------------------------------
P8P9     1750  BBD0582   85.00  101.00    16.00      0.79      0.79         
----------------------------------------------------------------------------
P8P9     1750  BBD0656   72.00   94.00    22.00      1.23      1.23         
----------------------------------------------------------------------------
P8P9     1750  BBD0656   97.00  103.00     6.00      2.12      2.12         
----------------------------------------------------------------------------
P8P9     1750  BBD0657   37.00   56.00    19.00      2.55      2.09         
----------------------------------------------------------------------------
P8P9     1750  BBD0658  129.00  145.00    16.00      1.04      0.97         
----------------------------------------------------------------------------
P8P9     1700  BBD0581   50.00   67.00    17.00      1.91      1.83         
----------------------------------------------------------------------------
P8P9     1700  BBD0584  101.00  115.00    14.00      2.03      1.94         
----------------------------------------------------------------------------
P8P9     1700  BBD0584  134.00  143.00     9.00      1.84      1.29         
----------------------------------------------------------------------------
P8P9     1700  BBD0584  161.00  175.00    14.00      1.05      0.87         
----------------------------------------------------------------------------
P8P9     1700  BBD0585  147.00  160.00    13.00      1.14      1.14         
----------------------------------------------------------------------------
P8P9     1700  BBD0607  118.00  132.00    14.00      0.82      0.82  Pending
----------------------------------------------------------------------------
P8P9     1650  BBD0530   26.00   34.00     8.00      1.54      1.54         
----------------------------------------------------------------------------
P8P9     1650  BBD0533    3.00   16.00    13.00      1.26      1.06         
----------------------------------------------------------------------------
P8P9     1650  BBD0533   55.00   70.00    15.00      0.75      0.75         
----------------------------------------------------------------------------
P8P9     1650  BBD0533   92.00   98.00     6.00      1.69      1.69         
----------------------------------------------------------------------------
P8P9     1650  BBD0534   85.50   91.50     6.00      3.09      3.09         
----------------------------------------------------------------------------
P8P9     1650  BBD0534  211.00  220.00     9.00      1.40      1.40         
----------------------------------------------------------------------------
P8P9     1600  BBD0498   28.50   31.50     3.00      4.17      4.17         
----------------------------------------------------------------------------
P8P9     1600  BBD0605   74.00  104.00    30.00      0.85      0.85  Pending
----------------------------------------------------------------------------
P8P9     1600  BBD0606   89.00  114.00    25.00      0.99      0.98  Pending
----------------------------------------------------------------------------
P8P9     1600  BBD0606  138.00  157.00    19.00      0.90      0.90  Pending
----------------------------------------------------------------------------
P8P9     1600  BBD0606  161.00  177.00    16.00      0.78      0.78  Pending
----------------------------------------------------------------------------
P8P9     1550  BBD0494  111.00  117.00     6.00      2.11      2.11  Pending
----------------------------------------------------------------------------
P8P9     1550  BBD0495  100.00  111.00    11.00      1.05      1.05         
----------------------------------------------------------------------------
P8P9     1500  BBD0574   47.00   63.00    16.00      2.02      1.53         
----------------------------------------------------------------------------
P8P9     1500  BBD0575   76.00   89.00    13.00      0.93      0.93         
----------------------------------------------------------------------------
P8P9     1500  BBD0577   79.00  100.00    21.00      0.95      0.95         
----------------------------------------------------------------------------
P8P9     1450  BBD0489   50.00   64.00    14.00      1.09      0.99         
----------------------------------------------------------------------------
P8P9     1450  BBD0490   16.50   22.50     6.00      2.50      2.37         
----------------------------------------------------------------------------
P8P9     1450  BBD0491  116.00  138.00    22.00      8.16      0.93  Pending
----------------------------------------------------------------------------
P8P9     1400  BBD0400   64.50   77.50    13.00      1.22      1.22         
----------------------------------------------------------------------------
P8P9     1400  BBD0651   75.00   88.50    13.50      1.24      1.24         
----------------------------------------------------------------------------
P8P9     1400  BBD0652  100.50  117.00    16.50      1.51      1.51         
----------------------------------------------------------------------------
P8P9     1400  BBD0652  196.00  205.00     9.00      1.31      1.31         
----------------------------------------------------------------------------
P8P9     1350  BBD0522  170.00  177.00     7.00      1.64      1.50         
----------------------------------------------------------------------------
P8P9     1350  BBD0522  207.00  229.00    22.00      1.28      1.28         
----------------------------------------------------------------------------
P8P9     1350  BBD0522  232.00  252.00    20.00      2.93      2.53         
----------------------------------------------------------------------------
P8P9     1350  BBD0522  295.00  306.00    11.00      0.94      0.94         
----------------------------------------------------------------------------
P8P9     1350  BBD0525  218.00  231.00    13.00      2.48      2.30         
----------------------------------------------------------------------------
P8P9     1350  BBD0526   59.50   71.00    11.50      1.31      1.31         
----------------------------------------------------------------------------
P8P9     1350  BBD0528  153.00  160.00     7.00     23.63      2.85         
----------------------------------------------------------------------------
P8P9     1300  BBD0569    7.50   25.00    17.50      1.48      1.48         
----------------------------------------------------------------------------
P8P9     1300  BBD0570   77.00   86.00     9.00      7.21      1.15         
----------------------------------------------------------------------------
P8P9     1300  BBD0571  143.00  151.00     8.00      2.01      2.01         
----------------------------------------------------------------------------
P8P9     1250  BBD0483  167.00  173.00     6.00      2.25      2.25         
----------------------------------------------------------------------------
P8P9     1250  BBD0483  176.00  202.00    26.00      2.18      1.48         
----------------------------------------------------------------------------
P8P9     1250  BBD0483  219.00  248.00    29.00      1.05      1.05         
----------------------------------------------------------------------------
P8P9     1250  BBD0483  260.00  293.00    33.00      0.75      0.75         
----------------------------------------------------------------------------
P8P9     1200  BBD0563  115.00  129.00    14.00      1.16      1.16         
----------------------------------------------------------------------------
P8P9     1150  BBD0393   12.50   30.50    18.00      1.02      1.02         
----------------------------------------------------------------------------
Siga                                                                        
 E      12600  BBD0267   83.00   93.50    10.50      1.36      1.36         
----------------------------------------------------------------------------
Siga                                                                        
 E      12600  BBD0267   99.50  105.50     6.00      2.70      1.92         
----------------------------------------------------------------------------
Siga                                                                        
 E      12550  BBD0409   50.00   63.00    13.00      1.17      0.94         
----------------------------------------------------------------------------
Siga                                                                        
 E      12500  BBD0405  117.50  125.00     7.50      2.61      1.41         
----------------------------------------------------------------------------
Siga                                                                        
 E      12500  BBD0405  185.00  200.00    15.00      0.81      0.81         
----------------------------------------------------------------------------
Siga                                                                        
 E      12200  BBD0449   79.00   88.00     9.00      1.41      1.41         
----------------------------------------------------------------------------
Siga                                                                        
 E      12050  BBD0602    0.00    7.00     7.00      2.35      2.35         
----------------------------------------------------------------------------
Siga                                                                        
 S      11050  BBD0227  117.50  126.50     9.00      1.15      1.15         
----------------------------------------------------------------------------
Siga                                                                        
 S      10900  BBD0221  119.00  123.50     4.50      2.56      2.25         
----------------------------------------------------------------------------
Siga                                                                        
 S      10500  BBD0170   85.00  109.50    24.50      0.83      0.83         
----------------------------------------------------------------------------
Siga                                                                        
 S      10500  BBD0170  117.00  129.00    12.00      2.69      2.06         
----------------------------------------------------------------------------
SIGA                                                                        
 W      11800  BBD0311  129.00  143.50    14.50      0.79      0.79         
----------------------------------------------------------------------------
SIGA                                                                        
 W      11650  BBD0305   36.00   50.00    14.00      0.86      0.86         
----------------------------------------------------------------------------
P16     44200  BBD0448   22.50   39.00    16.50      9.13      3.78         
----------------------------------------------------------------------------
P16     44200  BBD0448   53.00   58.00     5.00     16.50      4.17         
----------------------------------------------------------------------------
P16     44200  BBD0448   80.00   85.00     5.00      5.01      2.26         
----------------------------------------------------------------------------
P16     44200  BBD0448  102.50  118.00    15.50      2.21      1.72         
----------------------------------------------------------------------------
                                                                            
(2)  Weighted average grade of uncut individual assays                      
                                                                            
(3)  Weighted average grade of individual assays cut to 5 g/t               
                                                                            
(4)  Composite width and grade are preliminary where leach residue fire     
     assay results are pending                                              

Table 4. Highlights of Reverse Circulation Results for this Release

(Includes holes previously reported for which the final total assay results are now available)


----------------------------------------------------------------------------
                                                    Uncut       Cut         
                          From      To   Length  Grade(5)  Grade(6)    Total
Zone  Section     Hole     (m)     (m)      (m)     (g/t)     (g/t) Assay(7)
----------------------------------------------------------------------------
Maga     3800  BBC2753   20.00   28.00     8.00      2.15      2.06         
----------------------------------------------------------------------------
Maga     3400  BBC2976   17.00   28.00    11.00      1.11      1.11  Pending
----------------------------------------------------------------------------
Maga     3350  BBC2886   23.00   30.00     7.00      6.24      1.56  Pending
----------------------------------------------------------------------------
Maga     3100  BBC2947   13.00   36.00    23.00      0.59      0.59  Pending
----------------------------------------------------------------------------
Maga     3100  BBC2948    0.00   19.00    19.00      0.75      0.75  Pending
----------------------------------------------------------------------------
Maga     2950  BBC2839   22.00   38.00    16.00      0.68      0.68  Pending
----------------------------------------------------------------------------
Maga     2950  BBC2844   41.00   56.00    15.00      0.71      0.71  Pending
----------------------------------------------------------------------------
Maga     2950  BBC2845   38.00   51.00    13.00      3.57      0.90  Pending
----------------------------------------------------------------------------
Maga     2750  BBC2929   41.00   46.00     5.00      3.14      2.22  Pending
----------------------------------------------------------------------------
P8P9     2300  BBC2901   10.00   16.00     6.00      1.86      1.86         
----------------------------------------------------------------------------
P8P9     2300  BBC2904   17.00   28.00    11.00      1.01      1.01         
----------------------------------------------------------------------------
P8P9     2100  BBC2690   23.00   36.00    13.00      0.95      0.88         
----------------------------------------------------------------------------
P8P9     2050  BBC2684   21.00   27.00     6.00      2.10      2.10         
----------------------------------------------------------------------------
P8P9     2000  BBC2656   35.00   50.00    15.00      1.27      1.14         
----------------------------------------------------------------------------
P8P9     1950  BBC2653   16.00   24.00     8.00      1.48      1.48         
----------------------------------------------------------------------------
P8P9     1950  BBC2654   26.00   35.00     9.00      1.58      1.58         
----------------------------------------------------------------------------
P8P9     1850  BBC2673   30.00   34.00     4.00      2.87      2.87         
----------------------------------------------------------------------------
P8P9     1850  BBC2674   31.00   42.00    11.00      1.46      1.46         
----------------------------------------------------------------------------
P8P9     1800  BBC2668   59.00   68.00     9.00      1.46      1.41         
----------------------------------------------------------------------------
P8P9     1750  BBC2667   48.00   62.00    14.00      1.41      1.34         
----------------------------------------------------------------------------
P8P9     1750  BBC2713   22.00   34.00    12.00      4.53      2.82         
----------------------------------------------------------------------------
P8P9     1750  BBC2729   46.00   59.00    13.00      1.19      1.19         
----------------------------------------------------------------------------
P8P9     1500  BBC2727   44.00   54.00    10.00      2.13      1.73         
----------------------------------------------------------------------------
P8P9     1150  BBC2724   36.00   43.00     7.00      2.23      1.75         
----------------------------------------------------------------------------
P8P9     1150  BBC2724   51.00   69.00    18.00      1.77      1.73         
----------------------------------------------------------------------------
P8P9     1150  BBC2725   11.00   23.00    12.00      1.31      1.17         
----------------------------------------------------------------------------
P8P9     1000  BBC2718   40.00   52.00    12.00      1.02      1.02         
----------------------------------------------------------------------------
                                                                            
(5)  Weighted average grade of uncut individual assays                      
                                                                            
(6)  Weighted average grade of individual assays cut to 5 g/t               
                                                                            
(7)  Composite width and grade are preliminary where leach residue fire     
     assay results are pending                                              

The mineralized intervals are based on a lower cut-off grade of 0.5 g/t, a minimal width of 3 m and up to a maximum of two consecutive meters of dilution being included. The true width of the mineralization is approximately 85% of the drill length intervals in Maga, P16, P17 and P8P9 areas, and to 95% of the drill length intervals in the Siga area. The half-core samples were collected by Orezone employees using a diamond saw. The core samples from the weathered (oxide) zone were prepared by Abilab Burkina s.a.r.l. (a subsidiary of ALS-Chemex), BIGS Global Burkina s.a.r.l and SGS Burkina Faso s.a.r.l., and then split by Orezone to 1 kg using Rotary Sample Dividers (RSDs). A 1 kg aliquot was analyzed for leachable gold at BIGS Global Burkina s.a.r.l in Ouagadougou, by bottle-roll cyanidation using a LeachWell(TM) catalyst. The samples from the fresh or sulphide zone were prepared by BIGS Global Burkina s.a.r.l, SGS Burkina Faso s.a.r.l. and Abilab Burkina s.a.r.l. in Ouagadougou and then split by Orezone to 1 kg using Rotary Sample Dividers (RSDs). A 1 kg aliquot was analyzed for leachable gold at BIGS Global Burkina s.a.r.l in Ouagadougou, by bottle-roll cyanidation using a LeachWell(TM) catalyst.

The RC drilling samples were divided by Orezone employees using Rotary Sample Dividers (RSDs). A 2 kg split was prepared by Abilab Burkina s.a.r.l. (a subsidiary of ALS-Chemex), BIGS Global Burkina s.a.r.l and SGS Burkina Faso s.a.r.l., and then split by Orezone to 1 kg using RSDs. A 1 kg aliquot was analyzed for leachable gold at BIGS Global Burkina s.a.r.l in Ouagadougou, by bottle-roll cyanidation using a LeachWell(TM) catalyst. The leach residues from all samples with a leach grade in excess of 0.2 g/t were prepared by BIGS Global Burkina s.a.r.l. and then split by Orezone to 50 g using Rotary Sample Dividers (RSDs). A 50 g aliquot was analyzed by fire assay at Abilab Burkina s.a.r.l. (a subsidiary of ALS-Chemex) or a 30 g aliquot at SGS Burkina Faso s.a.r.l.

Orezone employs a rigorous Quality Control Program (QCP) including a minimum of 10% standards, blanks and duplicates. This program was executed under the supervision of Pascal Marquis, SVP Exploration for Orezone, who is a Qualified Person under National Instrument 43-101 and approved the technical information in this release. A complete table of results and the NI 43-101 Bombore Resource Report that describes the Bombore resource model can be found at www.orezone.com.

About Orezone Gold Corporation

Orezone is a Canadian company with a gold discovery track record of +10 M oz and recent mine development experience in Burkina Faso, West Africa. Bombore, the Company's 100% owned flagship project, is one of the largest gold deposits in the country and is situated 85 km east of the capital city, adjacent to an international highway. The 2010 Resource is constrained within optimized open pit shells that span 11 km, and include 1.6 Moz indicated and 1.9 Moz inferred resources with an average drill depth of only 60 meters. The Company has completed a 215,000 m drill program to extend the average depth of drilling to 120 meters. The program results are expected to significantly expand resources and support the completion of a Definitive Feasibility Study in 2012. Orezone's goal is to develop Bombore into a world-class deposit and become a mid-tier producer by 2015.

FORWARD-LOOKING STATEMENTS AND FORWARD-LOOKING INFORMATION: This news release contains certain "forward-looking statements" within the meaning of applicable Canadian securities laws. Forward-looking statements and forward-looking information 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 in this release include statements regarding, among others, ; capital and operating cost estimates; gold production for the project; completion of a Definitive Feasibility Study in 2012; completion of a resource update in Q2 2012; commencement of production at the Bombore Project.

FORWARD-LOOKING STATEMENTS are based on certain assumptions, 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, the ability of contracted parties (including laboratories and drill companies to provide services as contracted); 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. Comparisons between any resource model or estimates with the subsequent drill results are preliminary in nature and should not be relied upon as potential qualified changes to any future resource updates or estimates.

Readers are advised that National Instrument 43-101 of the Canadian Securities Administrators requires that each category of mineral reserves and mineral resources be reported separately. Readers should refer to the annual information form of Orezone for the year ended December 31, 2011 and other continuous disclosure documents filed by Orezone since January 1, 2012 available at www.sedar.com, for this detailed information, which is subject to the qualifications and notes set forth therein.

Contacts: Orezone Gold Corporation Ron Little CEO (613) 241-3699 Toll Free: (888) 673-0663rlittle@orezone.com Orezone Gold Corporation Pascal Marquis SVP Exploration (613) 241-3699 Toll Free: (888) 673-0663pmarquis@orezone.com

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