Orezone Gold Corporation Achieves Milestone with First Gold Pour
Orezone Gold Corporation (TSX: ORE | ASX: ORE | OTCQX: ORZCF) has reached an exciting milestone by successfully completing its first gold pour from the new hard rock expansion at Bomboré. This significant step showcases the company's ongoing development and enhancement of its resources, which are essential for future growth.
Expansion Progress and Performance
Patrick Downey, the President and CEO of Orezone, shared his enthusiasm, stating that the commissioning of the plant is now complete. In the initial five days of operation, the mill demonstrated impressive performance, achieving an average throughput of 78% of its nameplate capacity. This initial success paves the way for a robust operational future.
Team Acknowledgment
Mr. Downey expressed his heartfelt gratitude to the team involved in the construction and commissioning of the Bomboré hard rock expansion. Their commitment and hard work have ensured the project was completed safely, on time, and within budget, which took roughly 12 months to finalize.
Future Production Targets
The company is on track to declare commercial production in early 2026. This operation is set to substantially enhance overall gold production at Bomboré, with projections showing an increase of 45% to an estimated 170,000-185,000 ounces for that year. Such growth is viewed as a pivotal moment for Orezone, reflecting both its financial strength and favorable market conditions.
About Orezone Gold Corporation
Orezone Gold Corporation is a prominent West African producer specializing in the mining, development, and exploration of the Bomboré Gold Mine located in Burkina Faso. The combined output from both the oxide and the newly expanded hard rock operations is expected to reach between 170,000 and 185,000 ounces in the upcoming year. Looking ahead, the company is also initiating stage two of the hard rock expansion, which aims to further increase annual production to between 220,000 and 250,000 ounces.
Contact Information
For more information, stakeholders are invited to contact:
Patrick Downey
President and Chief Executive Officer
Kevin MacKenzie
Vice President, Corporate Development and Investor Relations
Tel: 1 778 945 8977
Email: info@orezone.com
Frequently Asked Questions
What recent achievement has Orezone Gold Corporation announced?
Orezone has successfully completed its first gold pour from the hard rock expansion at Bomboré, marking a significant milestone for the company.
What is the expected production increase for 2026?
The company anticipates a gold production increase of 45%, targeting between 170,000 and 185,000 ounces in 2026.
When is commercial production expected to commence?
Commercial production is expected to be declared in early 2026, following the successful completion of the hard rock expansion.
What are the future plans for Orezone’s Bomboré operations?
Orezone plans to advance stage two of the hard rock expansion, aimed at boosting annual production to between 220,000 and 250,000 ounces.
Who is the key contact at Orezone for further inquiries?
For inquiries, Patrick Downey, the President and CEO, can be reached at 1 778 945 8977, or via email at info@orezone.com.
