Orezone Gold Corporation Announces Bomboré Gold Mine Expansion Update

VANCOUVER, British Columbia, Jan. 21, 2025 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF)

Orezone Gold Corporation is excited to share the latest developments regarding the hard rock expansion at its Bomboré Gold Mine. The Company anticipates the hard rock expansion project to begin operations in Q4-2025, with an expected increase in gold production by approximately 50% to over 170,000 ounces per year.

Expansion Progress and Milestones

The progress of the hard rock expansion project at the Bomboré Gold Mine has been steady, with significant milestones achieved thus far. The Company is on track to meet its production goals and deliver value to its stakeholders.

Some of the key milestones accomplished include:

• Securing necessary permits and regulatory approvals for the expansion
• Commencing construction activities according to schedule
• Utilizing advanced technology and best practices to optimize operations
• Ensuring compliance with environmental and safety standards

The Company’s commitment to sustainable and responsible mining practices is reflected in its approach to the expansion project. By integrating environmental and social considerations into its operations, Orezone aims to create lasting value for the local community and the environment.

Impact on Individuals

As an individual, the expansion of the Bomboré Gold Mine by Orezone Gold Corporation may have several potential impacts on you. Increased gold production could lead to job creation opportunities in the mining sector, providing employment and economic benefits to local communities. Additionally, the Company’s focus on sustainable practices may result in positive environmental outcomes, benefiting surrounding ecosystems and biodiversity.

Global Impact

The expansion of the Bomboré Gold Mine is not only significant at the local level but also holds global implications. Increased gold production from the Mine could contribute to the global supply of gold, influencing market dynamics and prices. Furthermore, Orezone’s commitment to responsible mining practices sets a benchmark for sustainable development in the mining industry, potentially inspiring other companies to adopt similar approaches worldwide.

Conclusion

In conclusion, Orezone Gold Corporation’s hard rock expansion at the Bomboré Gold Mine signifies a significant step towards increased gold production and sustainable mining practices. The Company’s progress and achievements demonstrate its dedication to delivering value to stakeholders while prioritizing environmental and social responsibility. As the project moves forward, its impact will continue to be felt both locally and globally, shaping the future of the mining industry.