(Kitco News) - On Monday, Orezone Gold (TSX: ORE) announced that the company has poured first gold from its Bomboré mine, located in Burkina Faso.
The company said that construction of the Bomboré mine was completed under budget, on time, and with no lost time injuries, adding that commissioning of the process plant commenced in late July with ore introduced into the circuit near the end of August.
Importantly, Orezone noted that the plant continues to operate well with all systems functioning as designed resulting in gold recoveries slightly above expectations.
According to a press-release, current mill feed is a combination of direct tipped ore from the pits and from stockpiles at the ROM pad. Mining operations are performing as planned and will ramp up as the mine enters commercial production expected in early Q4 2022, the company said.
President and CEO Patrick Downey stated, “I want to give recognition and thanks to the entire Bomboré team for their extraordinary efforts in achieving this important milestone of first gold. The team exceeded expectations by delivering the plant construction under budget in a period marked by rapid inflation and COVID-related disruptions.
“In a short span of twenty months, we have successfully financed and constructed this greenfield project, mined over 15.7 million tonnes of material, including 5.8 million tonnes of ore, while maintaining the health and safety of our workforce.”
Orezone Gold is a Canadian gold mining company operating the open pit Bomboré mine in Burkina Faso. Orezone is focusing on mining and processing the Phase I near surface free-dig oxides at a planned annual throughput of 5.2 million tonnes.
The company said it believes that Bomboré has a significant underlying sulphide resource to support a substantially larger Phase II expansion. 77,000 m infill and expansion drill program is ongoing and once completed, the company plans to issue an updated mineral resource and reserve statement and feasibility study, as part of this Phase II expansion.
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