Orezone Reports First Quarter 2023 Results
VANCOUVER, British Columbia, May 09, 2023 (GLOBE NEWSWIRE) -- Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (“Orezone” or “Company”) reported its operational and financial results for the three months ended March 31, 2023. The consolidated financial statements and Management’s Discussion and Analysis are available at www.orezone.com and on the Company’s profile on SEDAR at www.sedar.com. The Company will host a conference call and webcast on May 10, 2023 commencing at 8:00am PDT to discuss the Company’s first quarter results. Additional details are provided at the end of this press release.
- Gold production in Q1-2023 was 41,301 oz, an increase of 86% from the 22,258 oz produced in Q4-2022.
- Scheduled maintenance was conducted during the quarter with major mill shutdowns for mill re-line and scheduled change-outs of wear parts planned for in later quarters of the year.
- Results of drilling undertaken in 2022 are expected to successfully convert Inferred resources of higher grade hard rock material into the Measured and Indicated categories.
- Orezone will host a conference call and audio webcast to discuss first quarter 2023 results on Wednesday, May 10, 2023 at 8:00am PDT (11:00am EDT).