Orezone Gold Corporation

Orezone Gold Corporation (TSX: ORE ASX: ORE OTCQX: ORZCF) is a growth-focused gold producer led by a seasoned team of industry professionals. In late 2022, the company successfully achieved commercial production at its flagship Bomboré Gold Mine, delivering this milestone on time and under budget, while meeting production guidance in its first two years.

Currently, Orezone is advancing the Stage 1 hard rock expansion at Bomboré, which will boost production by 45%. Construction of the expansion is nearing completion, with first gold from the hard rock plant imminent. Following this, the company plans to fund the Bomboré Stage 2 expansion through cash flow, increasing total annual production to 220,000-250,000 oz.

In addition to production growth, Orezone has launched a multi-year exploration campaign at Bomboré, which features a 2.4 million-ounce reserve base along a 14km strike length, with mineralization extending to an average depth of less than 40m. Recent drilling has intersected broad widths of high-grade mineralization down to 340m, and the company aims to increase the total global resource from 5.13 million ounces to a target of 7-10 million ounces.

Management Profile

Patrick (Paddy) Downey, President & CEO

Mr. Downey has over 40 years of international experience in the resource industry. Mr. Downey 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. He has held numerous senior engineering positions at several large-scale global gold mining operations and has also held operating positions at several mining projects for Anglo American Corporation in South Africa. Mr. Downey was a member of the boards of Claude Resources and Dalradian Resources before their recent successful acquisitions and he is a member of the board of a number of active resource companies. He holds a Bachelor of Science (Hon.) degree in Engineering from Queen’s University.

Kevin MacKenzie, VP, Corporate Development & IR

Mr. MacKenzie has over 18 years of capital markets and industry experience. Prior to joining Orezone, Mr. MacKenzie held the position of Managing Director, Metals & Mining Equity Analyst at Canaccord Genuity. His industry experience spans all project levels, from early-stage exploration through to operations. This included positions as Project Geologist, Development Mine Manager, and Construction Technical Advisor with Imperial Metals at the Red Chris mine.

What is your rationale for taking part in 121 Mining Investment?

To gain exposure to new funds, family offices and private investors.

What recent news would you like to highlight to investors attending?

• Oct. 15, 2025 - Q3-2025 Gold Production and Hard Rock Expansion Update
• Aug. 19, 2025 - High-grade mineralization below LOM pits including 1.59g/t Au over 48.00m and 1.09g/t Au over 45.00m
• Aug. 13, 2025: Q2 Financials
• Aug 7, 2025: Commences trading on the ASX under ticker "ORE"

What are your key goals for the next 3, 6 and 12 months?

3 Months

Commissioning, first gold and commercial production of the Stage 1 hard rock expansion

6 Months

Achieving 2025 guidance

12 Months

Commissioning, first gold and commercial production of the Stage 2 hard rock expansion

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Access to new investors.

What do you think makes your company such a compelling investment?

Undervalued relative to peers in similar positions.

What are the top 3 key investor takeaways?

1. The Bomboré Gold Mine achieved commercial production of its oxide operations in late 2022, and met its first two years of production guidance.

2. Orezone is now undertaking a staged hard rock expansion at Bomboré, which will see total annual production increased to 220,000-250,000/oz

3. The current 2.4Moz reserve base at Bombore is shallow in nature, with an average life-of-mine reserve pit depth of <40m. Ongoing drilling continues to focus on delineating mineralization at depth, with recent drilling intersecting broad widths of high-grade mineralization down to a depth of 340m.