Forward-looking statements in this press release include, but are not limited to, statements that Orezone is positioned for a transformational 2025, the Company is positioned well to achieve its 2025 production guidance of 115,000-130,000 ounces, the target of listing on the ASX in mid-2025, the construction of the Stage I hard rock expansion is well advanced (and fully financed) with completion and commissioning set for Q4-2025 and once commissioned, will increase annual production by approximately 45%, the potential greater capacity than the 2.5Mtpa design of the hard rock plant, and statements with resect to the Stage II hard rock expansion.
All forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements including, but not limited to, delays caused by pandemics, terrorist or other violent attacks (including cyber security attacks), the failure of parties to contracts to honour contractual commitments, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; social or labour unrest; changes in commodity prices; unexpected failure or inadequacy of infrastructure, the possibility of unanticipated costs and expenses, accidents and equipment breakdowns, political risk, unanticipated changes in key management personnel and general economic, market or business conditions, the failure of exploration programs, including drilling programs, to deliver anticipated results and the failure of ongoing and uncertainties relating to the availability and costs of financing needed in the future, and other factors described in the Company's most recent annual information form and management discussion and analysis filed on SEDAR+.
First gold pour and mill commissioning on track for Q4-2025Engineering is ahead of schedule with 85% progress to the end of MarchProcurement is substantially complete with only minor bulk material top-ups outstandingSAG mill major components are now onsite, well ahead of schedule for the longest lead itemsConcrete works remain ahead of schedule with the dump pocket and SAG mill foundations significantly advanced, and CIL tank foundations completeStructural/Mechanical/Piping contractor has mobilized and is progressing with CIL tank installationSeveral mining areas for hard rock mining have now been readied in preparation for commencement of hard rock mining later this yearCompleted first monthly hard rock expansion video, which can be viewed here Patrick Downey, President & CEO stated, "Q1 was another solid operating quarter at Bomboré, with slightly lower than planned gold ounces produced as a result of re-scheduled mill maintenance.
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