Ora Banda Mining Strikes Gold at Western Australia Project

MT Newswires Live

2024-12-19

Ora Banda Mining (ASX:OBM) struck gold mineralization at its Sand King underground mine, part of its Davyhurst gold project in Western Australia, according to a Thursday filing with the Australian bourse.

The company's diamond drilling program yielded up to 6 meters at 9.5 grams per tonne (g/t), including 3.5 meters at 13.7 g/t, the filing stated.

The mining company said it was on track to deliver its first shipping ore in the March 2025 quarter and expects to start steady-state production of about 60,000 ounces of gold per annum in the June 2025 quarter.

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