Orezone Gold drills 48 m of 1.59 g/t Au at Bombore

Executive Summary

• Orezone Gold Corp. announced multiple high‑grade intercepts from its ongoing Bombore gold mine drilling program, including a standout 1.59 g/t Au over 48 m and 1.09 g/t Au over 45 m in the P8P9 zone.
• The results confirm down‑plunge continuity of higher‑grade subzones beneath current life‑of‑mine pits and extend mineralization depth by ~100 m, supporting the company’s goal to grow the Bombore resource to 7–10 Moz.
• Company plans continued H2 2025 drilling to further expand the reserve base and target annual production of 220,000–250,000 oz by leveraging these new high‑grade zones.

Key Details

• North & North Hill Zones
• 1.59 g/t Au over 48 m (incl. 4.86 g/t Au over 9 m) – Hole BBD1358
• 1.97 g/t Au over 16.10 m (incl. 2.74 g/t Au over 10.10 m) – Hole BPC7217
• 2.01 g/t Au over 14 m – Hole BPC7216

• Additional intercepts: 2.67 g/t Au over 7.4 m, 1.63 g/t Au over 11 m, 1.48 g/t Au over 8.75 m, 1.82 g/t Au over 6.4 m, 1.16 g/t Au over 9 m, 1.47 g/t Au over 6.5 m, 1.01 g/t Au over 9 m.

• P8P9 Zone

• 1.09 g/t Au over 45 m (incl. 2.56 g/t Au over 8 m) – Hole BBD1370; part of a broader 0.64 g/t Au over 157 m intercept.
• 1.59 g/t Au over 48 m (incl. 4.86 g/t Au over 9 m) – Hole BBD1358 (also reported under North zone).

• Additional high‑grade hits: 2.04 g/t Au over 35 m, 1.95 g/t Au over 45 m, 1.72 g/t Au over 40.4 m, 1.06 g/t Au over 44 m (previously reported).

• Overall Drill Program

• H1 2025: ~30,000 m drilled at Bombore.
• Highlights include extending North zone footwall mineralization 200 m below reserve pits (2.55 g/t Au over 23 m; 1.14 g/t Au over 29.5 m) and deepening P17S subzone (7.40 g/t Au over 6.7 m).

• Near‑surface strike extensions identified with grades such as 2.22 g/t Au over 14 m, 1.12 g/t Au over 10 m, and 0.92 g/t Au over 14.35 m.

• Future Outlook

• H2 2025 drilling will target additional depth extensions and new higher‑grade centers along strike.
• Goal: increase Bombore’s global resource from ~5 Moz to 7–10 Moz, enabling production of 220,000–250,000 oz/year (stage 1 hard‑rock expansion expected Q4 2025; stage 2 to follow).

Notable Quotes

• “These latest drill results confirm the down plunge continuity of multiple higher‑grade subzones…demonstrating significant exploration potential.” – Patrick Downey, President & CEO.
• “Drilling will continue in H2 2025 on multiple fronts…to increase Bombore’s current stated global resource from five million ounces to a targeted seven million to 10 million ounces longer term.” – Patrick Downey.