Orezone’S Ongoing Grade Control Program Returns Consistent High-Grade Intercepts IN the A2 Starter Pit at the Bomboré GOLD Project
OREZONE GOLD CORPORATION
450-505 Burrard Street
Vancouver, BC, V7X 1M3
T: 778-945-8977
OREZONE’S ONGOING GRADE CONTROL PROGRAM RETURNS CONSISTENT
HIGH-GRADE INTERCEPTS IN THE A2 STARTER PIT AT THE BOMBORÉ GOLD PROJECT
June 9, 2022 – Vancouver, BC - Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the “Company”
or “Orezone”) is pleased to report further assay results from the maiden grade control (“GC”) reverse
circulation (“RC”) drill program at the Bomboré Gold Project, located in Burkina Faso. GC drilling to-date
is focused on near-surface oxide mineralization within the starter pits located in the northern portion of
the mining lease. These starter pits will be the source of higher-grade oxide mill feed for the first year of
production and are denoted as A1, A2, A3, H1, H2, and H3 (see Figure 1 below). GC results for Pit A2 are
now available and similar to Pit A1 (see news release dated April 7, 2022 for A1 Pit GC results), are very
encouraging.
Results have returned several sign ificant thicker high -grade intervals where localized zones of higher
grades were intersected in several holes which collared or ended in mineralization. Some of these zones
reported remain open in several areas (see Figures 2 and 3).
Drilling Highlights
• 4.00 m of 22.42 g/t Au from 27.00 m
• 31.00 m of 2.30 g/t Au from 0.00 m
• 31.00 m of 2.17 g/t Au from 0.00 m
• 20.00 m of 2.43 g/t Au from 11.00 m
• 18.00 m of 2.61 g/t Au from 13.00 m
• 26.00 m of 1.79 g/t Au from 5.00 m
• 31.00 m of 1.49 g/t Au from 0.00 m
• 31.00 m of 1.48 g/t Au from 0.00 m
• 31.00 m of 1.47 g/t Au from 0.00 m
• 27.00 m of 1.68 g/t Au from 0.00 m
• 2.00 m of 21.98 g/t Au from 10.00 m
• 24.00 m of 1.83 g/t Au from 0.00 m
• 25.00 m of 1.74 g/t Au from 6.00 m
• 11.00 m of 3.79 g/t Au from 17.00 m
• 24.00 m of 1.61 g/t Au from 7.00 m
• 28.00 m of 1.37 g/t Au from 3.00 m
• 18.00 m of 2.08 g/t Au from 13.00 m
• 20.00 m of 1.77 g/t Au from 0.00 m
• 7.00 m of 4.76 g/t Au from 5.00 m
• 17.00 m of 1.92 g/t Au from 0.00 m
- 2 -
• 17.00 m of 1.84 g/t Au from 13.00 m
• 18.00 m of 1.68 g/t Au from 8.00 m
• 18.00 m of 1.63 g/t Au from 13.00 m
• 11.00 m of 2.67 g/t Au from 7.00 m
• 9.00 m of 3.22 g/t Au from 14.00 m
• 18.00 m of 1.53 g/t Au from 3.00 m
• 9.00 m of 2.90 g/t Au from 19.00 m
• 15.00 m of 1.74 g/t Au from 10.00 m
• 10.00 m of 2.56 g/t Au from 21.00 m
• 12.00 m of 2.07 g/t Au from 4.00 m
• 12.00 m of 2.05 g/t Au from 9.00 m
• 10.00 m of 2.40 g/t Au from 21.00 m
• 5.00 m of 4.73 g/t Au from 6.00 m
• 7.00 m of 3.19 g/t Au from 8.00 m
• 5.00 m of 3.60 g/t Au from 0.00 m
• 9.00 m of 1.92 g/t Au from 22.00 m
• 11.00 m of 1.52 g/t Au from 0.00 m
• 6.00 m of 2.73 g/t Au from 5.00 m
• 4.00 m of 3.51 g/t Au from 0.00 m
Patrick Downey, Pre sident and CEO stated, “The GC drilling results at the A 2 starter pit are extremely
robust and have not only confirmed but extended the higher-grade zones within our resource and reserve
models for Bomboré. These higher-grade zones are up to 60 m thick with average widths of 15 m to 30
m with ore starting right at surface with several holes ending in mineralization. These zones continue up
to the A3 pit and beyond towards the northeast, and we will now expand the GC program to incorporate
this additional area. We expect to outline an enlarged higher-grade starter pit that will encompass all of
the A1, A2, and A3 pits. The GC program is also continuing at the H1 and H2 higher-grade starter pits in
the P8/P9 area located in close proximity to the process plant. Mining from all of these pits will provide
better grade oxide ore feed for the first 12 to 15 months of operations. We remain on-time and on-budget
for first gold in Q3 of this year and look forward to delivering strong early gold production as supported
by these impressive recent and on-going GC results.”
- 3 -
Figure 1: North Pits Plan View
- 4 -
Figure 2: Maga Area Resources and Reserve Drilling Plan View
- 5 -
Figure 3: Maga Area Grade Control Drilling Plan View
- 6 -
Figure 4: A2 Pit Resources and Reserve Drilling Plan View
- 7 -
Figure 5: A2 Pit Grade Control Drilling Plan View
Table 1: A2 Starter Pit Drilling Highlights
Hole
#
From
(m)
To
(m)
Length
(m)*
Grade
(g/t gold)
MAGA-GCA2-0337 27.00 31.00 4.00 22.42
MAGA-GCA2-0254 0.00 31.00 31.00 2.30
MAGA-GCA2-0146 0.00 31.00 31.00 2.17
MAGA-GCA2-0060 11.00 31.00 20.00 2.43
MAGA-GCA2-0132 13.00 31.00 18.00 2.61
MAGA-GCA2-0204 5.00 31.00 26.00 1.79
MAGA-GCA2-0215 0.00 31.00 31.00 1.49
MAGA-GCA2-0236 0.00 31.00 31.00 1.48
MAGA-GCA2-0247 0.00 31.00 31.00 1.47
MAGA-GCA2-0253 0.00 27.00 27.00 1.68
MAGA-GCA2-0343 10.00 12.00 2.00 21.98
MAGA-GCA2-0059 0.00 24.00 24.00 1.83
MAGA-GCA2-0216 6.00 31.00 25.00 1.74
MAGA-GCA2-0328 17.00 28.00 11.00 3.79
MAGA-GCA2-0271 7.00 31.00 24.00 1.61
MAGA-GCA2-0263 3.00 31.00 28.00 1.37
MAGA-GCA2-0163 13.00 31.00 18.00 2.08
- 8 -
Hole
#
From
(m)
To
(m)
Length
(m)*
Grade
(g/t gold)
MAGA-GCA2-0145 0.00 20.00 20.00 1.77
MAGA-GCA2-0255 0.00 31.00 31.00 1.14
MAGA-GCA2-0094 5.00 12.00 7.00 4.76
MAGA-GCA2-0270 0.00 17.00 17.00 1.92
MAGA-GCA2-0235 0.00 24.00 24.00 1.36
MAGA-GCA2-0027 13.00 30.00 17.00 1.84
MAGA-GCA2-0124 0.00 21.00 21.00 1.49
MAGA-GCA2-0077 0.00 21.00 21.00 1.48
MAGA-GCA2-0033 8.00 26.00 18.00 1.68
MAGA-GCA2-0272 13.00 31.00 18.00 1.63
MAGA-GCA2-0213 7.00 18.00 11.00 2.67
MAGA-GCA2-0095 14.00 23.00 9.00 3.22
MAGA-GCA2-0120 3.00 21.00 18.00 1.53
MAGA-GCA2-0331 19.00 28.00 9.00 2.90
MAGA-GCA2-0286 10.00 25.00 15.00 1.74
MAGA-GCA2-0045 21.00 31.00 10.00 2.56
MAGA-GCA2-0157 0.00 17.00 17.00 1.50
MAGA-GCA2-0137 1.00 19.00 18.00 1.39
MAGA-GCA2-0203 4.00 16.00 12.00 2.07
MAGA-GCA2-0044 9.00 21.00 12.00 2.05
MAGA-GCA2-0288 11.00 31.00 20.00 1.21
MAGA-GCA2-0167 10.00 28.00 18.00 1.33
MAGA-GCA2-0214 21.00 31.00 10.00 2.40
MAGA-GCA2-0055 13.00 31.00 18.00 1.32
MAGA-GCA2-0340 6.00 11.00 5.00 4.73
MAGA-GCA2-0227 0.00 21.00 21.00 1.11
MAGA-GCA2-0102 8.00 26.00 18.00 1.29
MAGA-GCA2-0152 13.00 25.00 12.00 1.86
MAGA-GCA2-0205 8.00 15.00 7.00 3.19
MAGA-GCA2-0070 0.00 20.00 20.00 1.10
MAGA-GCA2-0144 0.00 18.00 18.00 1.20
MAGA-GCA2-0112 6.00 21.00 15.00 1.34
MAGA-GCA2-0237 18.00 31.00 13.00 1.54
MAGA-GCA2-0327 3.00 16.00 13.00 1.53
MAGA-GCA2-0294 0.00 11.00 11.00 1.74
MAGA-GCA2-0066 14.00 29.00 15.00 1.26
MAGA-GCA2-0280 17.00 26.00 9.00 2.08
MAGA-GCA2-0273 11.00 29.00 18.00 1.03
MAGA-GCA2-0166 0.00 11.00 11.00 1.66
MAGA-GCA2-0162 0.00 10.00 10.00 1.81
MAGA-GCA2-0249 0.00 5.00 5.00 3.60
MAGA-GCA2-0117 13.00 24.00 11.00 1.64
MAGA-GCA2-0308 8.00 16.00 8.00 2.24
MAGA-GCA2-0179 9.00 31.00 22.00 0.81
MAGA-GCA2-0226 0.00 14.00 14.00 1.26
MAGA-GCA2-0088 0.00 9.00 9.00 1.93
MAGA-GCA2-0138 6.00 19.00 13.00 1.34
MAGA-GCA2-0282 8.00 23.00 15.00 1.16