Orezone Gold (TSX:ORE) Intersects High-Grade Gold Continuity at P17S at Bomboré Gold Project

Orezone Gold (TSX:ORE) has announced ongoing drill results from its Phase 3 program at the Bomboré Gold Project in Burkina Faso. Results from P17S-NE along the P17 mineralized trend have been reported from the program. The Phase 3 drilling at P17S was focused to define the continuity of the repeat, folded, high-grade granodiorite mineralized zones. The positive results announced by the company confirmed those zones.

Dr. Pascal Marquis, SVP of Exploration, commented in a press release: “I am extremely pleased with the ongoing drilling results at P17S, which confirm that this deposit continues to grow, not only along the known zones, but with new zones intersected outside of the current resource pit shell. Final results from this program at P17S are expected in the coming weeks. Drilling is now underway at the Siga deposits, as part of our resource conversion program, but we expect to be back drilling at P17S later this year to follow up on these very encouraging results.”

Highlights from the drill results are as follows:

  • Down-plunge continuity of the mineralized zones at P17S has now been extended over an additional 100 m beyond the last set of drill results, with more results pending over the next 100 m.
  • Drilling has also intercepted significant new mineralization in the footwall of the resource area with Hole BBD1132 returning 30 m of 1.73 g/t Au, which is still open both up and down plunge.
  • The mineralized zones are open towards the surface and at depth over a strike of at least 300 m.

P17S Drilling Highlights:

  • 20.30 m of 1.88 g/t Au from 171.00 m in hole BBD1104
  • 10.65 m of 3.69 g/t Au from 190.00 m in hole BBD1108
  • 45.30 m of 1.29 g/t Au from 189.00 m in hole BBD1110
  • 18.00 m of 1.59 g/t Au from 134.00 m and 22.15 m of
    1.34 g/t Au from 179.85 m in hole BBD1118
  • 12.00 m of 2.45 g/t Au from 76.00 m in hole BBD1119
  • 18.00 m of 1.74 g/t Au from 124.00 m in hole BBD1120
  • 19.50 m of 3.20 g/t Au from 230.50 m in hole BBD1131
  • 8.00 m of 6.32 g/t Au from 127.00 m and 30.00 m of
    1.73 g/t Au from 245.00 m in hole BBD1132

Table 1: P17 Trend Highlight Drill Results

Hole
#
From
(m)
To
(m)
Length
(m)*
Grade
(g/t gold)
BBD1104 134.00 143.00 9.00 2.69
and 171.00 191.30 20.30 1.88
incl. 171.00 178.00 7.00 2.13
BBD1105 141.00 146.00 5.00 2.58
and 166.00 178.00 12.00 1.98
and 200.00 209.00 9.00 2.27
and 222.00 226.90 4.90 2.16
and 245.40 251.40 6.00 2.85
BBD1106 167.00 184.00 17.00 1.14
and 190.00 205.15 15.15 1.75
incl. 192.00 193.00 1.00 10.84
BBD1107 67.00 84.00 17.00 1.47
BBD1108 106.70 109.00 2.30 4.66
incl. 106.70 107.80 1.10 9.04
and 118.00 135.00 17.00 1.44
and 190.00 200.65 10.65 3.69
incl. 193.00 198.20 5.20 6.40
BBD1109** 198.00 203.00 5.00 3.63**
incl. 201.00 203.00 2.00 6.88**
and 208.00 215.00 7.00 2.67**
BBD1110** 189.00 234.30 45.30 1.29**
Incl. 193.00 207.00 14.00   2.05**
Incl. 232.00 234.30 2.30   7.83**
BBD1116 17.00 24.50 7.50 1.61
and 48.00 53.00 5.00 2.79
and 58.00 65.80 7.80 3.27
BBD1118 101.00 111.00 10.00 2.28
and 134.00 152.00 18.00 1.59
and 179.85 202.00 22.15 1.34
BBD1119 29.00 32.00 3.00 3.44
and 76.00 88.00 12.00 2.45
incl. 82.00 83.00 1.00 9.66
BBD1120 124.00 142.00 18.00 1.74
incl. 126.00 127.00 1.00 11.45
BBD1122 195.00 211.00 16.00 1.43**
and 224.00 242.00 18.00 0.89**
and 280.35 287.20 6.85 2.86**
BBD1123 199.00 201.00 2.00 5.63**
Incl. 199.00 200.00 1.00 9.27**
BBD1131 230.50 250.00 19.50 3.20**
incl. 233.20 239.90 6.70 6.40**
BBD1132 127.00 135.00 8.00 6.32**
incl. 127.00 133.00 6.00 7.89**
and 245.00 275.00 30.00 1.73**
*        True widths for P17S drilling are approximately 90% of drilled lengths.
**     Preliminary results without leach residue assays. Final grades will typically increase by 4-6% from those stated.

Figure 1: P17 Trend Plan Map

Source: Orezone Gold

Figure 2: P17 Trend Long Section

Source: Orezone Gold

Figure 3: P17S Section 730280E – Pre 2022 Drill Programs

Source: Orezone Gold

Figure 4: P17S Section 730280E – Drilling to Date

Source: Orezone Gold

 

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.
Matthew Evanoff

I specialize in the mining industry, focusing on top global mining stocks. My reporting covers the latest industry news, company/project developments, and profiles of key players. With a degree in finance and economics from the University of Toronto, I've contributed to a wide range of industry publications. Beyond my professional pursuits, I have a keen interest in global business and a love for travel.

By Matthew Evanoff

I specialize in the mining industry, focusing on top global mining stocks. My reporting covers the latest industry news, company/project developments, and profiles of key players. With a degree in finance and economics from the University of Toronto, I've contributed to a wide range of industry publications. Beyond my professional pursuits, I have a keen interest in global business and a love for travel.

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