Ora Banda Mining Ltd
Ora Banda Mining Limited is an Australia-based company, which is engaged in mining operations and the sale of gold, mine development and exploration in Western Australia.
The business
Ora Banda Mining Limited is an Australia-based company, which is engaged in mining operations and the sale of gold, mine development and exploration in Western Australia. The Company is the 100% owner of the Davyhurst Gold Project, which is located approximately 120 kilometers (kms) north-west of Kalgoorlie, within the Tier one gold mining province of the Eastern Goldfields. The Davyhurst Gold Project includes approximately 67 granted tenements that cover an area of 1,135 square kilometers (km2). The Company's projects include Central Davyhurst, Riverina-Mulline, Siberia, Callion and Walhalla. Its Central Davyhurst project area is located within a five kms radius of the Davyhurst Processing Plant. The Company's Riverina Underground gold deposits are hosted within three separate shear/mylonite zones, namely Reggie’s, Murchison, and Main Lode, all trending approximately north-south. The Company's Sand King (Siberia) is an underground mine at the Davyhurst Gold Project.
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Latest news
Ora Banda Mining Expands Little Gem Multi-Lode Gold System Past 1km of Strike
Phase 2 drilling at Ora Banda Mining’s (ASX: OBM) Little Gem prospect, within its Davyhurst gold project in Western Australia, has expanded the multi-lode system to more than 1 kilometre of strike containing high grades and large widths. The 16-hole diamond program tested prospective carbonate horizons at Little Gem and Sunraysia over 4.7km and to […]
Market wrap: ASX flies to a new record as Commonwealth Bank takes top spot
Australia’s share market ended the week on a strongly positive note, hitting a fresh record high and establishing Commonwealth Bank as our biggest company. By the Friday close the ASX 200 Index had risen 69.7 points (0.9%) to a record 7959.3 points and finished the week up a solid 1.2%. Commonwealth Bank (ASX: CBA) continued […]
Ora Banda’s Sand King underground mine receives green light
The board of Ora Banda Mining (ASX: OBM) has approved a final investment decision of $39 million for the development of the Sand King underground mine at its Davyhurst gold project in Western Australia. Sand King – the second mine brought onstream by the company in less than two years – is scheduled for first […]
Wesfarmers pours $45m into Ora Banda Mining’s lithium discovery
One of Australia’s largest listed companies, Wesfarmers (ASX: WES), has agreed to invest an initial $26 million into Ora Banda Mining (ASX: OBM) for a share of its significant new Western Australian lithium discovery. Ora Banda has agreed to enter into a binding farm-in agreement with Wesfarmer’s 100% wholly-owned Brenahan Exploration Pty Ltd (BEPL) to […]
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