ASX-listed Orezone Gold has reported shallow, high-grade confirmatory grade control drill results from the P17 Zone at its flagship Bomboré Gold Mine.
The P17 Zone is a high-grade hard rock deposit outcropping at surface located at the southern end of the Bomboré mining lease. In addition to several phased oxide pits, which have locally been advanced into the hard rock, the P17 Zone will be a primary mill feed source in 2026 for the new hard rock plant, currently being commissioned.
Comment from the CEO
Patrick Downey, CEO stated, “The results of the near-surface P17 Zone grade control drill program were successful in confirming the P17 resource and reserve models. Furthermore, the results serve to underscore the high-grade nature and overall continuity of mineralization within the P17 Zone.
This initial grade control drill programme is centered on the first six months of planned production from the P17 Zone. Mining activities in this area of the pit are now underway, with mined ore scheduled to be fed to the mill in early 2026 once commissioning is complete.
Commissioning of the stage 1 hard rock plant is well advanced, with the jaw crusher now commissioned and a crushed ore stockpile established. The SAG mill is now turning, with grinding media being added and first ore through the mill expected to follow very soon. Water testing of the CIL circuit is now complete, with the tanks to be filled and fresh carbon to be added by the end of the week. Overall, commissioning activities remain on schedule, with first gold expected in the coming days.
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 to 185 000oz in 2026. This will mark a significant cash flow inflection point, underscored by the company’s solid balance sheet and record high gold prices.”
