Orezone Reports First Gold from Bomboré Hard Rock Expansion

23 hours ago 3

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VANCOUVER, British Columbia, Dec. 15, 2025 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX: ORE | ASX: ORE | OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to announce that it has completed the first gold pour from the Company’s new 2.5Mtpa hard rock expansion.

Financial Post

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Patrick Downey, President and CEO stated, “Commissioning of this plant is now complete, with mill throughput averaging 78% of nameplate capacity for the first 5 days of operations, resulting in first gold on December 15.

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I want to extend my sincere gratitude to all involved in the construction and commissioning of the Bomboré hard rock expansion. Their dedication, hard work and commitment to excellence have safely delivered the stage 1 expansion on time and on budget over a construction period of approximately 12 months. This is a commendable achievement, reflecting an industry-leading level of project delivery.

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Commercial production is expected to be declared in early Q1-2026, and will represent a major milestone for Orezone, with overall gold production at Bomboré set to increase by 45% to 170,000-185,000oz in 2026. This will mark a significant cash flow inflection point, underscored by the Company’s solid balance sheet and record high gold prices.”

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Click here to view the video which illustrates the timeline and progress from commencement of construction in November 2024 to first gold in December 2025.

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About Orezone Gold Corporation

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Orezone Gold Corporation (TSX: ORE | ASX: ORE | OTCQX: ORZCF) is a West African gold producer engaged in mining, developing, and exploring the Bomboré Gold Mine in Burkina Faso. Combined production from the oxide and stage 1 hard rock operations is forecasted to total between 170,000 and 185,000 ounces in 2026. The Company is also advancing stage 2 of the hard rock expansion, which is forecasted to increase annual production to between 220,000 and 250,000 ounces.

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Contact Information

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Patrick Downey
President and Chief Executive Officer

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Kevin MacKenzie
Vice President, Corporate Development and Investor Relations

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Tel: 1 778 945 8977
[email protected] / www.orezone.com

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For further information please contact Orezone at +1 (778) 945-8977 or visit the Company’s website at www.orezone.com.

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The Toronto Stock Exchange neither approves nor disapproves the information contained in this news release.

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This announcement was authorized for release by Patrick Downey, Director, President & CEO.

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Qualified Persons and Competent Person Statement

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The scientific and technical information in this news release was reviewed and approved by Mr. Rob Henderson, P. Eng, Vice-President of Technical Services and Mr. Dale Tweed, P. Eng., Vice-President of Engineering, both of whom are Qualified Persons as defined under NI 43-101 – Standards of Disclosure for Mineral Projects and Competent Persons as defined under the JORC Code (2012 Edition). Each of Messrs. Henderson and Tweed have sufficient experience that is relevant to the scientific and technical information disclosed in this news release and to the type of activity undertaken to qualify as Competent Persons as defined in the JORC Code. Both are employees of the Company and have consented to the inclusion in this announcement of all technical information based on their work the form and context in which it appears.

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