ORE Orezone Gold Corporation

Orezone Gold Corporation (TSX:ORE) is pleased to announce that it has completed
its 215,000 m infill and expansion drill program at its 100% owned Bombore Gold
Project in Burkina Faso, West Africa. In December 2011, the Company approved a
2012 budget of USD $16 million to continue exploration activities at Bombore
that will include further expansion and exploration drilling beyond the 215,000
m program. Orezone is well financed and on schedule to complete its planned
exploration and development work in 2012 including a full NI 43-101 compliant
resource update for Bombore in Q2 2012 and a Bankable Feasibility Study in Q4
2012. The resource update is expected to include most of the 215,000 m of
drilling and should result in a substantial upgrade and expansion of the
resource. The previous 2010 resource was based on approximately 120,000 m of
drilling.


Orezone is also pleased to announce that it has completed the definitive share
exchange agreements (the "Share Exchange Agreement") with the minority
shareholders of its uranium subsidiary, Brighton Energy Corporation. With the
completion of the share exchange, Orezone owns 100% of Brighton and will
continue to fund the $2M exploration program currently underway in Niger.
Brighton has made several new uranium discoveries in the last 12 months that
warrant follow-up and definition drilling. Orezone hopes to maximize its return
on the Brighton investment by sole funding the future exploration work during
this period of weaker uranium markets.


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. Resources are constrained within optimized open pit
shells that span 11 km, and include 1.6 Moz indicated (60.9 Mt @ 0.81 g/t) and
1.9 Moz inferred resources (60.6 Mt @ 0.96 g/t) with an average drill depth of
only 60 meters. The Company is currently completing a 215,000 m drill program to
significantly expand resources and support the completion of feasibility studies
in 2012. Orezone's goal is to develop Bombore into a world-class deposit by the
end of 2012 and become a mid-tier producer by 2015. 


About Brighton Energy Corporation

Brighton is a private Canadian company, and through its Niger subsidiary, is a
uranium focused explorer with title to 4,000 km2 of well located and prospective
ground. The area contains key geological structures and favorable rocks that are
known to host or control the mineralization at producing uranium mines in the
region. The basin currently ranks as the sixth largest uranium producing area in
the world and is expected to become the second largest with future production
from Areva and China Nuclear. Even with the increased production profile the
area remains largely under-explored.


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, the completion of a 215,000 m drill program; capital and operating cost
estimates; gold production for the project; completion of a definitive
feasibility study in Q4 2012; completion of a resource update in Q2 2012;
commencement of production at the Bombore Project; and completion of
metallurgical testing and social impact studies.


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, 2010 and other continuous
disclosure documents filed by Orezone since January 1, 2011 available at
www.sedar.com, for this detailed information, which is subject to the
qualifications and notes set forth therein.

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