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Update: Orezone Gains 6.3% as it Reports Drill Results from Bombore Gold Mine in Burkina Faso
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Update: Orezone Gains 6.3% as it Reports Drill Results from Bombore Gold Mine in Burkina Faso
Apr 25, 2024 9:23 AM

12:04 PM EDT, 04/25/2024 (MT Newswires) -- Orezone Gold ( ORZCF ) reported on Thursday drill results from its Bombore gold mine in Burkina Faso.

Highlights include 18.41 g/t gold over 8.00 meters and 22.17 g/t gold over 4.00 meters.

Orezone said the results are part of its ongoing infill and advanced grade control program, which was designed to further delineate multiple high-grade structures within the P8P9 zone.

"Following a successful first full year of production at Bombore in 2023, where the focus was on bedding down the operation and deleveraging the balance sheet, Orezone is now looking to resume its exploration efforts at Bombore," chief Executive Patrick Downey said in a release. "A recently completed structural review of the property has significantly opened up the exploration model, with an increasing focus now on delineating higher-grade structures to depth and along strike."

Orezone's shares at last look rose C$0.05 to $0.85 per share on the Toronto Stock Exchange.

Price: 0.85, Change: +0.05, Percent Change: +6.25

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