Orezone Gold Corporation (TSX: ORE | ASX: ORE | OTCQX: ORZCF) has announced the first set of drill results from its recently acquired Casa Berardi gold mine in Quebec, Canada. The results demonstrate significant high-grade mineralization and untapped exploration potential at the mine.
Key Drill Highlights
The drilling program returned several notable intercepts, including:
- 6.47 g/t gold over 21.5 meters (hole CBF-160-233)
- 16.10 g/t gold over 6.7 meters (hole CBF-160-230)
- 7.20 g/t gold over 14.9 meters (hole CBF-134-125), including 8.94 g/t over 12.7 meters
- 5.51 g/t gold over 18.0 meters (hole CBF-160-232)
- 4.35 g/t gold over 19.5 meters (hole CBF-160-233)
- 6.92 g/t gold over 7.5 meters (hole CBF-134-127)
- 11.97 g/t gold over 3.5 meters (hole CBF-134-135)
Management Commentary
Patrick Downey, President and CEO of Orezone, commented: “We are extremely pleased to release this first set of drill results from Casa Berardi, which clearly demonstrates the mine’s significant and untapped exploration upside. The results are from the near-surface F160 and F134 zones and serve to support planned pit expansions. More importantly, they further illustrate the down-plunge continuity of high-grade mineralization in each zone. Taken together with historical drill results, these plunging zones represent potential future underground mining centers located proximal to existing infrastructure.”
Exploration Plans
In addition to ramping up underground exploration drilling at Casa Berardi, surface drilling of the F160 and F134 zones will continue. The delineation of the F160 Zone at depth is expected to support the company’s plans to increase underground mining rates by reopening the East Mine. Future step-out drilling down-plunge of the F134 Zone has the potential to open a significant new exploration front in the Gap Zone.
Overall, the company is encouraged by these initial results and looks forward to providing regular updates as it ramps up exploration to a sustained 80,000 to 100,000 meters per year.
F160 Zone Details
The F160 Zone hosts the operating F160 pit, located adjacent to the Casa Berardi process plant. Mineralization remains open outside the current life-of-mine pit, with mineralized lenses plunging both east and west at 30 to 40 degrees. Ongoing drilling focuses on testing the down-plunge continuity of high-grade mineralization, with trade-off studies underway to evaluate an expanded pit and a future transition to underground mining.
Initial 2026 drilling of the F160 Zone returned several significant intercepts, including 6.47 g/t over 21.5 meters, 16.10 g/t over 6.7 meters, 5.51 g/t over 18.0 meters, and 4.35 g/t over 19.5 meters. Additionally, historical results support the broader continuity of mineralization at depth.
