Orea Completes Montagne d’Or Gold Project Modifications

VANCOUVER - Orea Mining Corp. reported the completion of additional engineering and environmental studies for the development of the Montagne d’Or gold mine in French Guiana, France. “This is a major milestone for permitting of Montagne d’Or, one of the top undeveloped gold deposits in the Guiana Shield” said, Rock Lefrançois, President & CEO.

The Montagne d’Or joint-venture launched additional engineering and environmental studies in early 2019 for project modifications and improvements subsequent to the bankable feasibility study completed in 2017 and public consultation held in 2018. The studies principally addressed mine design, access road layout, hybrid on-site power generation and quarry development for construction material. It also included additional fauna and flora inventories, geotechnical drilling, ground geophysical surveys, geochemical analysis and laboratory test work.

The complimentary studies, which involved a number of international and French and local consulting firms, are now substantially complete with final fauna and flora surveys over the selected Natural Compensation Site to be conducted in February 2021. The current schedule is to have all draft versions of the permitting dossiers to be completed by the end of December 2020 with final versions to be produced in the first quarter of 2021.