Brief: Orezone Announces Bomboré Phase Ii Expansion Study Results

Orezone Gold

12/10/2023 02:02

Orezone Gold Corp  ORE.TO :
    * OREZONE ANNOUNCES BOMBORÉ PHASE II EXPANSION STUDY RESULTS
    * : FULL CONSTRUCTION IS EXPECTED TO COMMENCE IN Q1-2024
SUBJECT
TO FINANCING AND BOARD APPROVAL
    * OREZONE GOLD- HAVE FIRM BIDS, DELIVERY TIMES FOR LONG LEAD
PIECES OF EQUIPMENT INCLUDING SAG MILL; TO EVALUATE AND PLACE
ORDERS FOR THIS EQUIPMENT IN Q4-2023
    * : AVERAGE ANNUAL GOLD PRODUCTION OF 231,000OZ IN FIRST
THREE
FULL YEARS AFTER EXPANSION AT AN AISC OF $1,081/OZ
    * : PHASE II HARD ROCK PLANT CAPITAL COSTS OF $167.5M
    * : FIRST GOLD FROM HARD ROCK PLANT IS SCHEDULED FOR Q3-2025

Source text for Eikon:  ID:nGNX6LYw3C 
Further company coverage:  ORE.TO