| Highlights | |
|---|---|
| Location: | Quebec, Canada |
| Ownership: | 100% |
| Method: | Underground and Open Pit |
| Status: | Operating |
| Production: | FY-25: 91,160oz |
| Throughput: | 1.4Mtpa |
| Exploration: | Camp scale property package covering 37km section of the Casa Berardi Fault. |
Orezone owns a 100% interest in the Casa Berardi gold mine, located in Quebec, Canada. The mine is located 95km north of the town of La Sarre and is accessible via a paved highway and a 38km mine access road.
Operations at Casa Berardi commenced in 1988, with >3.2Moz of gold produced to date. Production from Casa Berardi over the last 5-years has averaged ~105,000oz/yr.
Orezone closed its acquisition of Hecla Quebec, which included the Casa Berardi mine, on March 25, 2026.
Mineral Resource Estimate as of December 31, 2025
- Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. The Mineral Resource Estimate follows CIM 2014 Definition Standards for Mineral Resources and Mineral Reserves.
- Open-pit Mineral Resources are reported within conceptual pit shells at cut-off grades varying between 0.63 g/t and 0.82 g/t Au. The cut-off grades were calculated using a gold price of $4,000/oz, a USD/CAD exchange rate of 1.35, and mining cost averaging $3.11/t across the pits.
- Underground Mineral Resources are reported within mineable shapes created using cut-off grades ranging between 2.70 g/t Au to 3.33 g/t Au. The cut-off grades were calculated using a gold price of $3,000/oz, a USD/CAD exchange rate of 1.35, and mining cost varying from $213.00/t to $244.00/t.