Orezone Gold Corporation (TSX: ORE) (OTCQX: ORZCF) is pleased to provide ongoing drill results from the Phase III program along the P17 mineralized trend at the Bomboré Gold Project, located in Burkina Faso.
The focus of the Phase III drilling at the P17 Trend is as follows:
The drill results continue to be very positive confirming the following:
P17S Drilling Highlights:
P17 Drilling Highlights:
Dr. Pascal Marquis, SVP of Exploration stated, “Drilling to date at P17S continues to be very successful as demonstrated by excellent continuity of the gold mineralization, which remains open along trend and at depth, including extensions outside of the current resource model. I am also very encouraged by the drilling results at the P17 zone, which had not been drilled since 2013. Current results have confirmed that P17 is now open to the north and at depth and will warrant further drilling. A third drill rig has now been mobilized to accelerate the ongoing drill program.”
Table 1: P17 Trend Highlight Drill Results
|P17S NE Extension**||BBD1100||48.00||64.00||16.00||1.66|
* True widths for P17 drilling are approximately 70% of drilled lengths.
** True widths for P17S drilling are approximately 90% of drilled lengths.
Figure 1: P17 Trend Plan Map
Figure 2: P17 Trend Long Section
Figure 3: P17S Section 730280E – Pre 2022 Drill Programs
Figure 4: P17S Section 730280E – Drilling to Date
Figure 5: P17 Section 730500E – Pre 2022 Drilling
Figure 6: P17 Section 730500E – Drilling to Date
About Orezone Gold Corporation
Orezone Gold Corporation is a Canadian development company which owns a 90% interest in Bomboré, one of the largest undeveloped gold deposits in Burkina Faso.
The 2019 feasibility study highlights Bomboré as an attractive shovel-ready gold project with forecasted annual gold production of 118,000 ounces over a 13+ year mine life at an All-In Sustaining Cost of US$730/ounce with an after-tax payback period of 2.5 years at an assumed gold price of US$1,300/ounce. Bomboré is underpinned by a mineral resource base in excess of 5 million gold ounces and possesses significant expansion potential. Orezone is fully funded to bring Bomboré into production with the first gold pour scheduled for Q3-2022.
American Lithium Corp. (TSX-V:LI) (NASDAQ:AML) (Frankfurt:5LA1) a... READ MORE
Treasury Metals Inc. (TSX: TML) (OTCQX: TSRMF) is pleased to anno... READ MORE
Results continue to confirm the existence and continuity o... READ MORE
Adventus Mining Corporation (TSX-V: ADZN) (OTCQX: ADVZF) and Salazar Res... READ MORE
Madison Metals Inc. (CSE: GREN) (OTCQB: MMTLF) is pleased to anno... READ MORE