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Orezone Gold Corporation

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Orezone Gold Corporation (TSX: ORE | ASX: ORE | OTCQX: ORZCF) is an emerging intermediate gold producer with operations in Canada and West Africa.

Investor website: https://orezone.com/

About

Orezone Gold Corporation (TSX: ORE | ASX: ORE | OTCQX: ORZCF) is an emerging intermediate gold producer with operations in Canada and West Africa. Its Casa Berardi and Bomboré gold mines host significant mineral endowments, growth opportunities, and exploration upside. The recently acquired Casa Berardi mine in Quebec has produced over 3.2Moz of gold to date, with the Bomboré mine constructed and brought into production by Orezone in late 2022. Orezone is led by an experienced management team committed to safe, sustainable, and responsible mining practices, with a focus on delivering long-term value for all stakeholders.

Verified company data

Cash position
112 M
Shares outstanding
667 M
Fully diluted shares
744 M
Mineral resource
Heva-Hosco Mineral Resource Estimate as of December 31, 2025: Mineral resources at Heva and Hosco are based on a gold cut-off grade of 0.008 oz/ton (0.277 g/tonnes) for open pit and 0.102 oz/ton (3.5 g/tonne) for underground and metallurgical recoveries of 95% for gold at Heva and 81.5% and 87.7% for gold at Hosco depending on zone. Heva and Hosco resources are diluted 20% and reported using a 7% mining loss.
Projects
["Heva-Hosco Development Project: The Heva-Hosco development project is located in the Joannes Township, 20 km east of Rouyn-Noranda. The property is up to 3 km wide and extends east-west for more than 8 km along the Cadillac-Larder Lake break (fault). The property is located in the Abitibi region near several world class gold mines. The project comprises 102 mining claims covering 3,847 hectares. The property hosts two distinct gold deposits, the free-milling (gold, pyrrhotite, pyrite) mineralization at the Heva deposit, and the refractory (gold, arsenopyrite, pyrrhotite, pyrite) mineralization at the Hosco deposit. The mining district along the Cadillac-Larder Lake break in the Abitibi region has high potential for new discoveries. Past exploration drilling only covers approximately one thousand feet down plunge of the break, leaving the depth of extension of known mineralization open at depth along the strike. Prior to their acquisition by Hecla, the Heva-Hosco deposit was Aurizon’s primary development asset. Aurizon’s 2012 Feasibility Study Highlights: Mineral Inventory: 1.66Moz at 1.26g/t, Resources: 2.34Moz M&I + 0.27Moz Inf. (Inclusive), Gold Price: US$1,350/oz, Mining Method: Open pit, Processing Facility: 3.0Mtpa, Production Profile: 104,000oz/yr, Mine Life: 14 years. Orezone’s Next Steps: Advance PEA, Assess underground and satellite deposit potential, Revisit geologic model, deposit currently open at depth and along strike."]
Leadership
Patrick Downey (President, CEO and Director, Mr. Downey has over 40 years of international experience in the resource industry. He held the position of President, Chief Executive Officer and Director of Elgin Mining Inc., Aura Minerals Inc. and previously Viceroy Exploration Ltd. before its acquisition by Yamana Gold Inc. in 2006.), Peter Tam (EVP & Chief Financial Officer, Mr. Tam is a seasoned financial executive with over twenty-five years of managerial experience in senior-level finance positions in mining both in North America and internationally.), Marc-Andre Pelletier (Chief Operating Officer, Mr. Pelletier is a professional mining engineer with over 30 years of experience in open pit and underground gold mines.), Ryan Goodman (SVP & General Counsel, Mr. Goodman is a seasoned corporate lawyer with extensive experience working with mining companies in various stages of growth and development.), Kevin MacKenzie (SVP Corporate Development, Mr. MacKenzie has over 18 years of capital markets and industry experience.), Jean-François Ravenelle (VP Exploration, Mr. Ravenelle has over 20 years of experience in structural geology and exploration applied to precious and base metal deposits.), Dale Tweed (VP Engineering, Mr. Tweed is a Professional engineer with over 30 years experience in project development.), Rob Henderson (VP Technical Services, Mr. Henderson is a global mining industry leader with international experience in operating, building and acquiring mineral properties.), Gareth Withers (VP Finance, Mr. Withers is a finance professional with over 20 years of experience working with mining companies.), Amanda Mallough (VP Investor Relations, Ms. Mallough brings over a decade of investor relations and corporate communications experience within the mining sector.)

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