Orezone Intersects 2.97 g/t Over 34 Metres in Bomboré Drilling

By Mining Hub News Desk
11 August 2026, 11:12 a.m. EDT 2 min read

Orezone Gold Corporation has reported new drill results from multiple zones across the Bomboré gold system in Burkina Faso, returning intercepts including 2.97 grams per tonne gold over 34 metres in hole BBD1393 and 223.25 grams per tonne gold over one metre in hole BBD1437.

The latest assay data forms part of an ongoing exploration campaign at the 14-kilometre-long reserve-defined system. Follow-up drilling at the P16 trend successfully confirmed a 600-metre strike extension located approximately one kilometre northeast of the established P16 resource beneath approximately eight metres of Tertiary cover.

Current drilling at the P17S zone reported intercepts including 4.00 grams per tonne gold over 11.3 metres in hole BBD1409 and 1.26 grams per tonne gold over 34.0 metres in hole BBD1430.

“Step-out drilling continues to highlight significant exploration upside along strike, demonstrated by follow-up drilling at P16, that confirmed the zone’s 600 metre strike extension and its overall sub-parallel orientation to the P17 high-grade trend. As with P17, the emerging P16 trend hosts notably higher-grade zones within a broader envelope of lower grade mineralization. Ongoing structural studies and future exploration drilling will focus on refining the controls and continuity of these higher-grade zones, which are potentially amenable to underground mining and could significantly enhance the production profile.”

— Patrick Downey, President and CEO

Orezone has budgeted approximately 65,000 metres of drilling for 2026 at Bomboré, allocating 45,000 metres to resource definition to convert Inferred Resources into the Indicated category.

The company expects to release an updated Mineral Resource and Mineral Reserve estimate for Bomboré in the first quarter of 2027. The upcoming estimate will incorporate approximately 100,000 metres of additional drilling alongside adjusted cut-off grades reflecting current operating costs and higher gold prices, with gold recently trading at $4,386.00 per ounce, representing a 6.47% increase over a 30-day period.

Read the full announcement: Orezone Reports Positive Drill Results at Bomboré Demonstrating Growth Potential Ahead of Mineral Resource and Reserve Update in Q1 2027