Orezone Gold Corp. is pleased to announce that it is advancing several transformational initiatives to accelerate production growth and exploration at its Bomboré Gold Mine, and further enhance the Company's capital markets profile. These initiatives include: Plans to accelerate Stage II of the Bomboré hard rock expansion by two years to achieve an optimized gold production profile of 220,000-250,000 ounces per year by [...]
Orezone Gold Corp. is pleased to provide additional drill results from its recently announced multi-year exploration campaign at its flagship Bomboré Gold Mine. The new results are centered on the North Zone, with high grades intercepted below both the North Zone Footwall and North Zone Hill resource and reserve pits. Selected Drill Highlights: 2.55 g/t Au over 23.00m, including 5.54 g/t Au over 5.00m 1.14 g/t Au over [...]
Orezone Gold Corp. is pleased to provide an update on its ongoing hard rock expansion at its Bomboré Gold Mine. The hard rock expansion, which is scheduled to commence operations in Q4-2025, is forecasted to increase gold production by approximately 50%, to over 170,000 ounces per year. Expansion progress and milestones achieved to date include: Early mobilization of the concrete contractor 3-months ahead of schedule [...]
Orezone Gold Corp. is pleased to announce its fourth quarter and full year 2024 gold production results from its Bomboré Gold Mine: Q4 gold production of 36,502 ounces. Annual gold production of 118,746 ounces exceeding the mid-point of guidance of 110,000 to 125,000 ounces. Record quarterly ore processed of 1.65 million tonnes or 18,163 tonnes per day, which is 27% above nameplate design and a 14% increase from Q4-2023 [...]
Orezone Gold Corp. is pleased to announce that the Company has closed on its previously announced Phase II Term Loan with Coris Bank International . Loan proceeds will be directed towards the Phase II Hard Rock Expansion that is currently under construction at the Bomboré Mine, with first gold scheduled in Q4-2025. The Phase II Term Loan is for a principal amount of XOF 35.0 billion , bears interest of 11.0% per annum [...]
Orezone Gold Corp. is pleased to announce the publication of its 2023 Sustainability Report . The Report details the steps taken by the Company to affirm its commitment to sustainability and presents the Company's achievements in environmental, social and governance for 2023. Patrick Downey, President & CEO stated, "We are pleased to present our inaugural sustainability report. The health and safety of employees is [...]
Orezone Gold Corp. reported its operational and financial results for the three and nine months ended September 30, 2024. The Company will host a conference call and webcast on November 6, 2024 commencing at 8:00am PT to discuss its quarterly and year-to-date performance, and outlook for the remainder of the year, including commentary on the progress of its Phase II hard rock expansion and early success on its multi-year [...]
Orezone Gold Corp. will announce its third quarter 2024 results on November 5, 2024, after market close. A conference call and audio webcast to discuss the results will take place on November 6, 2024, at 8:00 am PT . Webcast Date: Wednesday, November 6, 2024 Time: 8:00 am Pacific time Please register for the webcast here: Orezone Q3-2024 Conference Call and Webcast Conference Call Toll-free in U.S. and Canada [...]
Orezone Gold Corp. is pleased to provide an update on the hard rock expansion at its Bomboré Gold Mine. The hard rock expansion is forecasted to increase annual gold production to over 170,000 ounces, an approximate 50% increase from current levels, with first gold planned in Q4-2025. Site works are well-advanced with the plant-site area cleared and all major earthworks complete. Laydown areas have been prepared and are [...]
Orezone Gold Corp. is pleased to announce its third quarter 2024 gold production results from its Bomboré Gold Mine: Gold production of 26,581 ounces, totalling 82,244 ounces year-to-date Gold sales of 27,698 ounces at an average realized price of US$2,473/oz, resulting in sales of US$68.5 million Quarter-end cash balance of US$66.9 million and senior debt of US$68.1 million after a further repayment of US$5.0 million in [...]
Orezone Gold Corp. is pleased to provide initial drill results from its recently announced multi-year exploration campaign at its flagship Bomboré gold mine. Initial targeting of this program centered on the North Zone, with wide spaced drilling successfully demonstrating the continuity of the mineralized system at depth, both in terms of grade and overall width. Drill Highlights: Hole BBD1313 intersected 1.02 g/t Au over [...]
Orezone Gold Corp. confirms that the Bomboré mining permit is valid, and that the government of Burkina Faso has no intention to withdraw or revoke the Bomboré mining permit. On October 5, 2024, the President of Burkina Faso, President Traore, spoke on Radio Burkina about several topics including corruption, transport, agriculture and mining. Importantly, with respect to security, the President spoke about the significant [...]