Northwire Canada EditionFriday, August 7, 2026
Northwire
NXS 0.170 +0.0% NTH 0.170 +3.0% IMG 22.48 +0.6% ATY 0.255 +0.0% SMN 0.110 −4.3% WPM 175.79 +1.9% CNC 1.60 −4.8% RME 0.175 +0.0% INTR 0.770 −3.8% PNTR 0.430 −4.4% COPR 0.350 +0.0% YGT 0.180 +0.0% ARIC 0.880 +6.0% LUCA 0.920 −3.2% IVN 11.39 −0.3% HHH 4.30 +9.1% NXS 0.170 +0.0% NTH 0.170 +3.0% IMG 22.48 +0.6% ATY 0.255 +0.0% SMN 0.110 −4.3% WPM 175.79 +1.9% CNC 1.60 −4.8% RME 0.175 +0.0% INTR 0.770 −3.8% PNTR 0.430 −4.4% COPR 0.350 +0.0% YGT 0.180 +0.0% ARIC 0.880 +6.0% LUCA 0.920 −3.2% IVN 11.39 −0.3% HHH 4.30 +9.1%
Drill Results

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

ORE · Price

Executive Summary

  • Orezone Gold reported high‑grade, shallow drill intercepts from its P17 Zone at the Bomboré Mine, confirming the zone’s resource and reserve models.
  • The grade‑control program supports the upcoming Stage 1 hard‑rock plant commissioning; first ore is expected to flow to the mill in early 2026.
  • Production from the combined oxide and Stage 1 hard‑rock operations is projected to increase by ~45% to 170,000–185,000 oz Au in 2026, marking a significant cash‑flow inflection point.

Key Details

  • Selected Intercepts (Au, g/t):
  • 3.28 g/t over 26 m from 6 m (P17‑GCP‑0672)
  • 5.55 g/t over 15 m from 6 m (P17‑GCP‑0749)
  • 7.46 g/t over 8 m from 32 m (P17‑GCP‑0313)
  • 7.14 g/t over 8 m from 7 m (P17‑GCP‑0770)
  • 5.84 g/t over 9 m from 19 m (P17‑GCP‑0660)
    (Full list of intercepts provided in release)

  • Drill Program: Grade‑control RC drilling on a 12.5 × 12.5 m grid, with infill to 6.25 × 6.25 m where needed; true widths estimated at 75–80 % of down‑hole lengths.

  • Assay Methodology:

  • Samples collected every metre via cone splitter, leached (PAL‑1000 method) and analysed by atomic absorption spectrometry; grades ≥0.25 g/t Au fire‑assayed on 50 g splits.
  • QA/QC includes ≥10 % standards, blanks and duplicates; field duplicate variance ≤1 %.

  • Commissioning Status (Stage 1 Hard‑Rock Plant):

  • Jaw crusher commissioned; crushed ore stockpile established.
  • SAG mill turning; grinding media addition underway.
  • CIL circuit water testing complete; tanks to be filled and carbon added within the week.
  • First gold expected “in the coming days” after commissioning.

  • Production Outlook: Combined oxide + Stage 1 hard‑rock output forecast for 2026: 170,000–185,000 oz Au (≈45 % increase vs. 2025).

  • Future Work:

  • Ongoing mining in P17 Zone to feed mill from early 2026.
  • Stage 2 hard‑rock expansion planned, targeting 220,000–250,000 oz Au annual production thereafter.

Notable Quotes

“The results of the near‑surface P17 Zone grade control drill program were successful in confirming the P17 resource and reserve models… The commencement of production from the stage 1 hard rock plant represents a major milestone for Orezone, with overall gold production at Bomboré set to increase by 45 % to 170,000–185,000 oz in 2026.” – Patrick Downey, President & CEO.

Read the original news release →

More from Orezone Gold Corporation