OREZONE STRIKES 7.14 G/T GOLD AT P17 ZONE AHEAD OF HARD ROCK START-UP

High-grade control drilling supports near-term production at Bomboré

Orezone Gold Corporation (TSX: ORE | ASX: ORE | OTCQX: ORZCF) has reported strong near-surface, high-grade gold intercepts from the P17 Zone at its flagship Bomboré Gold Mine in Burkina Faso. The results come as the company prepares to feed ore from the zone into its new hard rock processing plant in early 2026.

The P17 Zone, a high-grade hard rock deposit at the southern end of the Bomboré lease, is already partially exposed through past oxide mining. Orezone is targeting the area for the first six months of production from the stage 1 hard rock circuit, which is currently undergoing commissioning.

Highlight Intercepts from P17 Zone Include:

7.14g/t Au over 8m from 7m (P17-GCP-0770)
5.55g/t Au over 15m from 6m (P17-GCP-0749)
5.37g/t Au over 11m from 3m (P17-GCP-0769)
5.32g/t Au over 9m from 2m (P17-GCP-0797)
4.85g/t Au over 10m from 13m (P17-GCP-0476)

Orezone noted that the current results are part of a confirmatory grade control drilling program, aimed at validating the P17 resource ahead of full-scale mining. Activity in the zone is already underway, with ore being stockpiled ahead of processing in early 2026.

Patrick Downey, President and CEO, stated
The results of the near-surface P17 Zone grade control drill program were successful in confirming the P17 resource and reserve models. Furthermore, the results serve to underscore the high-grade nature and overall continuity of mineralization within the P17 Zone.

This initial grade control drill program is centered on the first six months of planned production from the P17 Zone. Mining activities in this area of the pit are now underway, with mined ore scheduled to be fed to the mill in early 2026 once commissioning is complete.

Commissioning of the stage 1 hard rock plant is well advanced, with the jaw crusher now commissioned and a crushed ore stockpile established. The SAG mill is now turning, with grinding media being added and first ore through the mill expected to follow very soon. Water testing of the CIL circuit is now complete, with the tanks to be filled and fresh carbon to be added by the end of the week. Overall, commissioning activities remain on schedule, with first gold expected in the coming days.

This is truly an exciting time for the Company, and I want to thank everyone involved for all their hard work and dedication. The commencement of production from the stage 1 hard rock plant represents a major milestone for Orezone, with overall gold production at Bomboré set to increase by 45% to 170,000 to 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.