Common use of Mining Claims Clause in Contracts

Mining Claims. The material mining permits, licenses, claims, options, concessions, exploration, exploitation, extraction and other mineral property rights (to the extent obtained) that are set forth in Schedule "D" (collectively, the "Mining Claims") is a complete and accurate list of all such rights held by Orezone and the Material Subsidiaries. No such permits, licences, claims, options, concessions, exploration, exploitation, extraction and other mineral property rights are held by Essakane SARL or Gold Fields Burkina Faso SARL. All Mining Claims are in good standing, are valid and enforceable, are free and clear of any material Liens or charges and, except as disclosed in the Offering Documents, no material royalty is payable currently or upon the occurrence of any event or circumstance under any contract or applicable law in respect of any of them, except as set out in the Offering Documents. Except as set out in the Offering Documents, no other property rights are necessary for the conduct of Orezone's or the Material Subsidiaries' business as it is currently being conducted, as described in the Offering Documents; and there are no material restrictions on the ability of Orezone or the Material Subsidiaries to use, transfer or otherwise exploit any such property rights in respect of the business of the Company and the Material Subsidiaries as it is currently being conducted, as described in the Offering Documents, except as required by applicable law. Except as disclosed in the Offering Documents, the Material Subsidiaries are the owners of Mining Claims necessary to carry on their current and proposed mining and exploration activities as disclosed in the Offering Documents. Except as disclosed in the Offering Documents, Mining Claims cover the properties required by Orezone and the Material Subsidiaries for such purposes as are contemplated by the Technical Reports.

Mining Claims. The material mining permits, licenses, licenses claims, options, concessions, exploration, exploitation, extraction and other mineral property rights (to the extent obtained) that are set forth in Schedule "D" the title opinion (the “January Title Opinion”) provided to WWCM pursuant to the Company’s most recent equity financing completed in January 2007 (collectively, the "“Mining Claims"”) is is, in all material respects (but subject to non-material variations since the date of the January Title Opinion), a complete and accurate list of all such rights held by Orezone Western and the Material Subsidiaries. No such permits, licences, claims, options, concessions, exploration, exploitation, extraction All Mining Claims of Western and other mineral property rights the Material Subsidiaries that are held by Essakane SARL Western or Gold Fields Burkina Faso SARL. All Mining Claims the Material Subsidiaries, are in good standing, are valid and enforceable, are free and clear of any material Liens or charges and, (except as disclosed in pursuant to security interests granted under the Offering Documents, Credit Facility) and no material royalty is payable currently or upon the occurrence of any event or circumstance under any contract or applicable law in respect of any of them, except as set out in the Offering Documents. Except as set out in the Offering Documents, no other property rights are necessary for the conduct of Orezone's Western’s or the Material Subsidiaries' ’ business as it is currently being conducted, as described in the Offering Documents; and there are no material restrictions on the ability of Orezone Western or the Material Subsidiaries to use, transfer or otherwise exploit any such property rights in respect of the business of the Company and the Material Subsidiaries as it is currently being conducted, as described in the Offering Documents, except as required by applicable law. Except as disclosed in the Offering Documents, the Material Subsidiaries are the owners of Mining Claims necessary to carry on their current and proposed mining and exploration activities as disclosed in the Offering Documents. Except as disclosed in the Offering Documents, Mining Claims held by Western or the Material Subsidiaries cover the properties required by Orezone and the Material Subsidiaries Western for such purposes as are contemplated by the Technical ReportsReport.

Mining Claims. The material mining permits, licenses, licenses claims, options, concessions, exploration, exploitation, extraction and other mineral property rights (to the extent obtained) that are set forth in Schedule "D" the Company’s Annual Information Form dated March 25, 2009 (collectively, the "“Mining Claims"”) is a complete and accurate list of all such rights held by Orezone ▇▇▇▇▇▇ and the Material Subsidiaries. No such permits, licences, claims, options, concessions, exploration, exploitation, extraction All Mining Claims of ▇▇▇▇▇▇ and other mineral property rights the Material Subsidiaries that are held by Essakane SARL ▇▇▇▇▇▇ or Gold Fields Burkina Faso SARL. All Mining Claims the Material Subsidiaries, are in good standing, are valid and enforceable, are free and clear of any material Liens or charges and, except as disclosed in the Offering Documents, and no material royalty is payable currently or upon the occurrence of any event or circumstance under any contract or applicable law in respect of any of them, except as set out in the Offering Documents. Except as set out in the Offering Documents, no other property rights are necessary for the conduct of Orezone's ▇▇▇▇▇▇’▇ or the Material Subsidiaries' ’ business as it is currently being conducted, as described in the Offering Documents; and there are no material restrictions on the ability of Orezone ▇▇▇▇▇▇ or the Material Subsidiaries to use, transfer or otherwise exploit any such property rights in respect of the business of the Company and the Material Subsidiaries as it is currently being conducted, as described in the Offering Documents, except as required by applicable law. Except as disclosed in the Offering Documents, the Material Subsidiaries are the owners of Mining Claims necessary to carry on their current and proposed mining and exploration activities as disclosed in the Offering Documents. Except as disclosed in the Offering Documents, Mining Claims held by ▇▇▇▇▇▇ or the Material Subsidiaries cover the properties required by Orezone and the Material Subsidiaries ▇▇▇▇▇▇ for such purposes as are contemplated by the Technical ReportsReports and/or Feasibility Study.

Mining Claims. The material mining permits, licenses, licenses claims, options, concessions, exploration, exploitation, extraction and other mineral property rights (to the extent obtained) that are set forth in Schedule "D" the Company Annual Information Form dated March 29, 2007 (collectively, the "Mining Claims") is a complete and accurate list of all such rights held by Orezone ▇▇▇▇▇▇ and the Material Subsidiaries. No such permits, licences, claims, options, concessions, exploration, exploitation, extraction All Mining Claims of ▇▇▇▇▇▇ and other mineral property rights the Material Subsidiaries that are held by Essakane SARL ▇▇▇▇▇▇ or Gold Fields Burkina Faso SARL. All Mining Claims the Material Subsidiaries, are in good standing, are valid and enforceable, are free and clear of any material Liens or charges and, except as disclosed in the Offering Documents, and no material royalty is payable currently or upon the occurrence of any event or circumstance under any contract or applicable law in respect of any of them, except as set out in the Offering Documents. Except as set out in the Offering Documents, no other property rights are necessary for the conduct of Orezone's ▇▇▇▇▇▇'▇ or the Material Subsidiaries' business as it is currently being conducted, as described in the Offering Documents; and there are no material restrictions on the ability of Orezone ▇▇▇▇▇▇ or the Material Subsidiaries to use, transfer or otherwise exploit any such property rights in respect of the business of the Company and the Material Subsidiaries as it is currently being conducted, as described in the Offering Documents, except as required by applicable law. Except as disclosed in the Offering Documents, the Material Subsidiaries are the owners of Mining Claims necessary to carry on their current and proposed mining and exploration activities as disclosed in the Offering Documents. Except as disclosed in the Offering Documents, Mining Claims held by ▇▇▇▇▇▇ or the Material Subsidiaries cover the properties required by Orezone and the Material Subsidiaries ▇▇▇▇▇▇ for such purposes as are contemplated by the Technical ReportsReports and/or Feasibility Study.