- Orezone Gold (ORE) has struck gold at its Bomboré Mine, located in Burkina Faso
- Drilling continues to intercept significant new mineralization outside of the current resource boundaries
- The mineralized zones remain open towards surface and at depth over a strike exceeding 300 metres
- Orezone Gold Corp. (ORE) is down 8.84 per cent, trading at C$1.34 per share at 1:05 pm ET
Orezone Gold (ORE) has struck gold at its Bomboré Mine, located in Burkina Faso.
In the final drill results from the company’s Phase III program on P17S-NE along the P17 mineralized trend, the team traced continuity of mineralized zones and extended the down-plunge over an additional 100 metres beyond the last set of drill results, with the system still open.
Highlights:
- 23.00 metres of 2.84 g/t Au from 257.00 metres, including 11.00 metres of 5.26 g/t Au from 269.00 metres in hole BBD1125
- 12.00 metres of 2.13 g/t Au from 245.00 metres, including 1.00 metres of 19.37 g/t Au from 245.00 metres in hole BBD1124
- 3.60 metres of 5.58 g/t Au from 157.00 metres in hole BBD1134
- 3.80 metres of 4.55 g/t Au from 312.20 metres in hole BBD1141
- 8.00 metres of 3.40 g/t Au from 86.00 metres, including 1.00 metres of 17.99 g/t Au from 88.00 metres in hole BBD1133
- 11.00 metres of 1.78 g/t Au from 186.00 metres, including 2.00 m of 7.54 g/t Au from 192.00 metres in hole BBD1143
- 3.00 metres of 4.15 g/t Au from 130.00 metres, including 1.00 m of 10.13 g/t Au from 131.00 metres in hole BBD1133
- Drilling continues to intercept significant new mineralization outside of the current resource boundaries.
- The mineralized zones remain open towards surface and at depth over a strike exceeding 300 metres.
Orezone’s SVP of Exploration, Dr. Pascal Marquis stated that these final drilling results at P17S confirm that this deposit continues to grow and is still open for further exploration.
“We have expanded the known zones significantly both along strike and down dip and intersected several new zones outside of the current resource pit shell. Based on the results of this program, we expect to return to P17S to drill later in 2022. Drilling is now well underway at the Siga deposits, which will then be followed by drilling to the North at the Maga deposits. Results from these programs will be released throughout the remainder of 2022.”
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 down 8.84 per cent, trading at C$1.34 per share at 1:05 pm ET.