Orezone Announces Appointment of New Director
RETIREMENT OF DEPUTY CHAIRMAN - Mineral Deposits Limited©2006
Pan African in gold retreatment project

Pan African announced that the board of directors has approved  Phase One of the Barberton Tailings Retreatment Project ("BTRP") which will recover gold from the retreatment of the gold tailings situated close to the Barberton Gold Mining Operations. It is anticipated that the BTRP will increase the production profile at Barberton from 95,000oz to 120,000oz per annum.

The BTRP comprises a total resource of 654koz (13.7Mt @ 1.38g/t) and a reserve of 248koz (13.7Mt @ 0.56g/t)

A Capital Cost Estimate of GBP27 million (ZAR325 million) has been approved for Phase One of the BTRP in order to retreat 1.2Mt per annum of gold tailings over a six year life

Over the life of Phase One of the project, a total of 160koz will be recovered (which includes 120koz from tailings and another 40koz from current underground arisings to be retreated)

Commissioning of Phase One of the BTRP is expected to commence in April 2013 with full production being achieved during August 2013 (build -up phase).

Furthermore, two adjacent Tailings Storage Facilities, Harper North and Harper South, originating from the Fairview Mining operation, after being investigated were purchased from Michael Harper on 15 December 2011.

Besides this, the Company has completed auger drilling on another 6.8Mt of tailings at the New Consort section of Barberton, which has defined a further 4Mt of reserves (129koz) which would extend the BTRP from approximately 6 to 12 years, comprising Phase Two of the project.

 SBS Water
 Torque Pump & Tank
 Huduma Hygiene Solutions