Orezone Intercepts 3.28 g/t Gold Over 26.00m and 5.55 g/t Gold Over 15.00m at P17 Zone in Advance of Hard Rock First Gold
Globenewswire·2025-12-03 22:29

Core Insights - Orezone Gold Corporation has reported high-grade confirmatory drill results from the P17 Zone at its Bomboré Gold Mine, indicating a strong resource and reserve model confirmation for the upcoming production phase in 2026 [1][2]. Drill Results - Selected drill highlights include: - 3.28g/t Au over 26m from 6m (P17-GCP-0672) - 5.55g/t Au over 15m from 6m (P17-GCP-0749) - 7.46g/t Au over 8m from 32m (P17-GCP-0313) - 4.59g/t Au over 14m from 21m (P17-GCP-0724) - 3.91g/t Au over 17m from 11m (P17-GCP-0723) [2][12]. Production Plans - The initial grade control drill program is focused on the first six months of planned production from the P17 Zone, with mining activities already underway [3]. - Mined ore is scheduled to be processed in early 2026, coinciding with the commissioning of the new hard rock plant [3]. Plant Commissioning - The commissioning of the stage 1 hard rock plant is progressing well, with the jaw crusher operational and a crushed ore stockpile established [4]. - The SAG mill is turning, and first ore processing is expected shortly, with water testing of the CIL circuit completed [4]. Future Production Expectations - Orezone anticipates a significant increase in gold production at Bomboré, projected to rise by 45% to between 170,000 and 185,000 ounces in 2026 [5]. - This increase is expected to mark a major cash flow inflection point for the company, supported by a solid balance sheet and high gold prices [5].

Orezone Intercepts 3.28 g/t Gold Over 26.00m and 5.55 g/t Gold Over 15.00m at P17 Zone in Advance of Hard Rock First Gold - Reportify