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Orezone Gold Intersects 1.72 g/t Gold Over 40.40m at P8P9 & 5.59 g/t Gold Over 15.00m at Maga
VANCOUVER, British Columbia, March 06, 2023 (GLOBE NEWSWIRE) -- Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to pro
About this update from Orezone Gold Corporation
[{"type":"text","content":" VANCOUVER, British Columbia, March 06, 2023 (GLOBE NEWSWIRE) -- Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to provide further results from its Phase III resource definition drill program from the P8P9 and Maga zones at its Bomboré Gold Mine in Burkina Faso. The focus of the Phase III drill program has been the expansion of the P17 zone and conversion of Inferred Resources into Measured & Indicated ahead of the upcoming sulphide expansion study. Today’s release marks the final set of Phase III diamond drill results, which contribute to the +100,000m of additional drilling to be incorporated into the upcoming resource and reserve update and expansion study. Recent drilling continues to return positive results confirming the following: Delineation drilling at P8P9 revealed a higher-grade zone of plunging mineralization. To date, this zone has been traced over 150m along strike, and remains open at depth and towards surface. The higher-grade zone is similar to that observed in the emerging high-grade P17 zone located 8km to the south as it is associated with, and/or in proximity to, a granodiorite intrusion. Several intercepts at P8P9 returned thick well-mineralized intervals. Phase III drilling at P8P9 was successful in further illustrating the continuity of mineralization below the current shallow reserve pit, with mineralization locally traced to a depth of ~250m below surface. Additional drilling at Maga continued to return several high-grade intercepts in the sulphide zone, further illustrating down-dip continuity. These results follow the more extensive set of Maga drill results released on December 21, 2022. Still outstanding from the Phase III drill program are the RC oxide drill results, which are expected to be released in the coming weeks. P8P9 Drilling Highlights: 1.72 g/t Au over 40.40m from 99.00m, including 4.31 g/t Au over 8.25m from 126.75m in hole BBD1294 1.49 g/t Au over 53.70m from 39.30m in hole BBD1305, including 13.00m @2.01 g/t from 57.00m 1.05 g/t Au over 30.00m from 182.00m and a further 1.85 g/t Au over 24.00m from 222.00m in hole BBD1298, including 2.88 g/t Au over 11.00m from 225.00m 1.06 g/t Au over 44.00m from 260.00m in hole BBD1312, including 2.75 g/t Au over 8.00m from 271.00m 1.16 g/t Au over 21.00m from 83.00m in hole BBD1288 2.08 g/t Au over 10....