Orezone Reports Q2 2026 Production and Provides Casa Berardi Operations Update

First full quarter as a multi-mine producer; 2026 production guidance reaffirmed

VANCOUVER, British Columbia, July 14, 2026 (GLOBE NEWSWIRE) -- Orezone Gold Corporation (TSX: ORE | ASX: ORE | OTCQX: ORZCF) (the "Company" or "Orezone") is pleased to announce its production results for the three and six months ended June 30, 2026. The Company expects to release its second quarter 2026 financial results after market close on Wednesday, August 12, 2026. Conference call and webcast details are provided at the end of this release.

Patrick Downey, President and CEO, commented, "The second quarter marked Orezone's first full quarter as a multi-mine producer following the acquisition of Casa Berardi, with both operations performing in line with our expectations. At Casa Berardi, we continued investing in underground development, exploration, and equipment to support higher underground throughput and production over time, leveraging the established resource base and infrastructure already in place. As outlined in our 2026 guidance, Bomboré is expected to deliver a stronger second half of the year as access to higher-grade hard rock ore continues to improve, while Casa Berardi's production profile reflects planned mine sequencing, with a lower expected third quarter before strengthening in the fourth quarter."

PRODUCTION RESULTS

1 Reflects results subsequent to the Company's acquisition of Casa Berardi on March 25, 2026
2 Average realized gold price shown includes the impact of the Casa Berardi streaming agreement with Franco-Nevada. In Q2 and H1-2026, the Company sold 1,625 gold ounces under the streaming agreement at a price equal to 20% of the spot gold price.

Bomboré Operations

During the second quarter, Bomboré delivered strong mining performance, with total tonnes and ore tonnes mined exceeding plan. Following the intermittent explosives supply experienced during the first quarter, mining activities advanced in line with the revised mining sequence with additional contractors and drilling capacity mobilized, providing improved access to higher-grade hard rock ore in the last half of the year. As previously guided, production is expected to be weighted towards the second half of 2026, with the fourth quarter anticipated to be the strongest as ore deliveries from the higher-grade P17 pit increase.