Orezone Gold Corporation (TSX: ORE OTCQX: ORZCF) is a West African gold producer engaged in mining, developing, and exploring its flagship Bomboré Gold Mine in Burkina Faso

"We look forward to providing regular hard rock construction milestone updates throughout the year, as well as drill results from our ongoing multi-year exploration campaign at Bomboré which targets a long-term global resource base of 7-10 million gold ounces.”

WHY INVEST IN OREZONE?

In Production – The Bomboré oxide plant was built on time and under budget in 2022 and successfully achieved production guidance in its first two years of mining
Brownfields Expansion – Orezone is constructing a parallel hard rock plant that will increase production at Bomboré by 50% in 2026
Exploration Potential – Bomboré hosts a current stated mineral reserve of 2.4Moz Au with an average life of mine pit depth of 38m. Recent drilling has been successful in extending mineralization 100-250m below reserves

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BUILD | OPERATE | EXPAND

Orezone is led by an experienced management team, Board of Directors and Advisory Committee comprised of professional geologists, engineers and financers who have significant hands-on experience at every stage of gold exploration, development and production. They have been involved in the exploration, discovery, development and operation of more than 20 gold mines including many in West Africa. They are passionate about what they do, and are persistent, aggressive and extremely efficient in their approach.

Latest News Release

Orezone Intercepts High-Grade Mineralization below North Zone Life of Mine Pits Including 2.55 g/t Gold over 23.00m and 1.14 g/t Gold over 29.50m

January 26, 2025 – Vancouver, BC - Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to provide additional drill results from its recently announced multi-year exploration campaign at its flagship Bomboré Gold Mine. The new results are centered on the North Zone, with high grades intercepted below both the North Zone Footwall and North Zone Hill resource and reserve pits.

Selected Drill Highlights:

· 2.55 g/t ABullet listu over 23.00m, including 5.54 g/t Au over 5.00m (BBD1324)

· 1.14 g/t Au over 29.50m, including 2.30 g/t Au over 4.50m (BBD1320)

· 1.20 g/t Au over 23.80m (BBD1323)

· 1.01 g/t Au over 18.70m (BBD1319)

· 1.80 g/t Au over 15.00m (BBD1318)

· 1.59 g/t Au over 9.80m (BBD1318)

· 1.69 g/t Au over 6.85m (BBD1322)

· 24.74 g/t Au over 2.00m (BBD1323)

Patrick Downey, President and CEO stated, “These latest drill results further underscore the significant exploration upside at Bomboré, and the potential to materially expand the resource base from the current global 5.1 million gold ounces, to a targeted 7 to 10 million gold ounces longer term. Given Bomboré’s 14km long reserve defined strike length at an average reserve pit depth of less than 40m, we have been aggressive in our pursuit of illustrating this potential. Towards this goal, we are accelerating the Phase I exploration campaign and planning a comprehensive 30,000m drill program through 2025.

Recent drilling from only 12 wide spaced drill holes in the North Zone Footwall has successfully extended mineralization 100m to 250m below the reserve pit bottoms along a strike length of over 800m. This has clear implications in terms of extending current life of mine pits to depth and increasing the future production profile at Bomboré. The discovery potential of the orogenic gold setting at Bomboré is also highlighted by the multiple higher-grade sub-zones, which we believe may host the potential to transition into an underground mining scenario beneath the existing life of mine open pits. This prospect continues to be an area of focus at North Zone Hill, as well as at P16 and P17 where drilling has recently commenced. Together with our ongoing production expansion, which is currently ahead of schedule, this renewed focus on exploration at Bomboré, and testing the overall size and scale of the broader system, represent a truly exciting time for Orezone on multiple fronts.”

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Catalysts in 2025 include drill results from the comprehensive 30,000m drill program and commissioning of the hard rock expansion in Q4-2025, which is forecasted to increase gold production by approximately 50%, to over 170,000 ounces per year

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I Consent to Receive SMS Notifications, Alerts, Occasional Marketing Communication from Orezone, InvestorHyve, or their affiliates and my data may be used for profiling. Message frequency varies. Message & data rates may apply. You can reply STOP to unsubscribe at any time.