- Orezone Gold (ORE) has achieved commercial production at its Bomboré Mine, located in Burkina Faso
- Orezone has declared commercial production at Bomboré based on achieving 30 consecutive days of mill throughput exceeding 70 per cent of the nominal nameplate capacity of 14,250 tonnes per day (tpd) and recovery reaching design levels of 90 per cent
- During November 2022, the mill processed 364,123 ore tonnes (12,137 tpd) at a recovery rate of 91 per cent
- Orezone Gold Corp. (ORE) is up 3.94 per cent, trading at C$1.32 per share at 10:15 am ET
Orezone Gold (ORE) has achieved commercial production at its Bomboré Mine, located in Burkina Faso.
Orezone has declared commercial production at Bomboré based on achieving 30 consecutive days of mill throughput exceeding 70 per cent of the nominal nameplate capacity of 14,250 tonnes per day (tpd) and recovery reaching design levels of 90 per cent. During November 2022, the mill processed 364,123 ore tonnes (12,137 tpd) at a recovery rate of 91 per cent.
Orezone’s President and CEO, Patrick Downey, called commercial production at Bomboré a significant milestone transforming the company to producer status.
“We congratulate the Bomboré team for their excellent execution in achieving this goal. With our power supply issues now firmly behind us, we are focused on optimizing plant performance and steadily increasing throughput and availability with the objective of exceeding design capacity.”
Orezone focuses on mining and processing Phase I near surface free-dig oxides at a planned annual throughput of 5.2 million tonnes.
Annual guidance for Bomboré is expected by January 2023.
Orezone (ORE) is a Canadian gold mining company operating the open pit Bomboré Mine in Burkina Faso. Bombore has a mineral resource base in excess of 5 million ounces of gold and possesses significant expansion potential.
Orezone Gold Corp. (ORE) is up 3.94 per cent, trading at C$1.32 per share at 10:15 am ET.