06:37 AM EST, 01/27/2025 (MT Newswires) -- Orezone Gold ( ORZCF ) , which gained more than 4% on Friday, late on Sunday posted drilling results with high grades from its flagship Bombore gold mine in Burkina Faso.

The results, centered on the North Zone, included 2.55 grams per tonne (g/t) gold over 23 meters, including 5.54 g/t gold over 5 meters, and 1.14 g/t gold over 29.5 meters, including 2.3 g/t gold over 4.5 meters.

"These latest drill results further underscore the significant exploration upside at Bombore, 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," said Orezone President and CEO Patrick Downey.

"Recent drilling from only 12 wide spaced drill holes in the North Zone Footwall has successfully extended mineralization 100 to 250 meters 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 Bombore," Downey added.