Orezone Intercepts Further High-Grade Mineralization Below Life of Mine Pits Including 1.59 g/t Gold Over 48.00m and 1.09 g/t Gold Over 45.00m

Executive Summary

• Orezone Gold released additional drill results from the Bomboré flagship mine, highlighting several high‑grade intercepts in the North and P8P9 zones that extend mineralization below current pit depths.
• Notable intercepts include 1.59 g/t Au over 48 m (including 4.86 g/t Au over 9 m) and 2.01 g/t Au over 14 m, confirming down‑plunge continuity of multiple sub‑zones.
• The company plans continued H2‑2025 drilling to support a long‑term goal of expanding the global resource from ~5 Moz to a target of 7–10 Moz and increasing annual production to 220‑250 koz.

Key Details

• North Zone Highlights – 1.59 g/t Au over 48 m (BBD1358); 2.01 g/t Au over 14 m (BPC7216); 2.67 g/t Au over 7.4 m (BBD1367).
• P8P9 Zone Highlights – 1.09 g/t Au over 45 m (including 0.64 g/t Au over 157 m) (BBD1370); 2.56 g/t Au over 8 m (BBD1370); multiple sub‑zone intercepts ranging from 1.01–2.74 g/t Au.
• Historical Context – Intercepts build on earlier reported results (e.g., 5.35 g/t Au over 21 m in North Zone, BBD1220).
• Drilling Program – H1‑2025 completed ~30,000 m of drilling; key achievements include extending footwall mineralization 200 m below reserve pits and deepening the P17S high‑grade sub‑zone by 300 m.
• Future Plans – H2‑2025 drilling will target depth extensions and strike extensions to move toward a 7–10 Moz resource goal and raise production capacity to 220‑250 koz/yr.
• CEO Quote – “These latest drill results confirm the down plunge continuity of multiple higher‑grade sub‑zones…significant exploration potential.”

Notable Quotes

“These latest drill results confirm the down plunge continuity of multiple higher‑grade sub‑zones, with mineralized traces extending beneath the current resource pits, and remaining open at depth.” – Patrick Downey, President & CEO.