A BRIGHT FUTURE
Ora Banda Mining (ASX: OBM) is a uniquely positioned gold exploration and development company as 100% owner of the Davyhurst Gold Project in the highly productive Eastern Goldfields region of Western Australia.
Davyhurst is located just 120 km north-west of Kalgoorlie. The region is host to multiple gold deposits with OBM currently carrying a total mineral resource inventory of 2.00 Moz at an average grade of 2.7 g/t Au. The Company has defined mineral reserves of 470koz at 2.4 g/t Au. Our tenements are also highly prospective for Nickel, Copper and Lithium.
OBM owns an existing centralised 1.2 Mtpa processing hub, as well as additional established infrastructure at Davyhurst. This has facilitated the rapid unlocking of the value contained within the known resource base held by the Company.
OBM is governed by a Board of Directors with extensive experience in the resource and finance sectors.
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The Company is focused on unlocking significant value from our strategic and prospective landholding. To achieve this, OBM has targeted resource development activities at five advanced project areas: Riverina, Waihi, Siberia (Sand King and Missouri Deposits), Callion and Golden Eagle. This work cumulated in the delivery of a Definitive Feasibility Study (DFS), announced to the market on 30 June 2020.