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Orezone Gold Corporation (ASX:ORE)

ALERT: Price-sensitive ASX Announcement for ORE
Current share price for ORE : $2.090 -0.3 (-12.55%)+
Announcement
Release
20 May 2026 8:22AM
Price at Release
$2.390
Full Release
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Summary
Orezone Gold Corporation has released the first set of drill results from the Casa Berardi Mine, focusing on the F134 Zone. The results indicate significant mineralization, with notable findings such as 11.97 g/t Au over 3.5 meters and 7.20 g/t over 14.9 meters. The F134 Zone consists of multiple near-surface lenses of mineralization, with ongoing drilling efforts aimed at expanding the F134 pit and targeting high-grade veins for future underground mining. The company plans to conduct extensive exploration drilling to further delineate the mineralization in the F134 and Gap Zones, with a target of completing 40,000-60,000 meters of exploration drilling this year. This exploration initiative is part of Orezone's strategy to enhance its resource base at Casa Berardi, a site known for its significant gold production history.
Key Points
  • Orezone Gold Corporation releases drill results from Casa Berardi Mine.
  • Significant mineralization found in the F134 Zone.
  • Notable results include 11.97 g/t Au over 3.5 meters and 7.20 g/t over 14.9 meters.
  • F134 Zone has multiple near-surface lenses of mineralization.
  • Ongoing drilling aims to expand pit and target high-grade veins.
  • Planned 40,000-60,000 meters of exploration drilling in 2026.
  • Casa Berardi is part of Orezone's strategy for resource growth.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.