For thousands of other reports visit RSC's Mineral Intellingence Map
Ora Banda Mining Ltd.
Summary
| Project: | Davyhurst | |
|---|---|---|
| Deposit: | Davyhurst | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/26/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 26-5-2020: Ora Banda Mining Ltd. announces a Resource Estimation report for its Davyhurst deposit at the Davyhurst project. Mineral Reserve Statement for Davyhurst Project. Ora Banda Mining Limited (ASX:OBM) (“Ora Banda”, “Company”) is pleased to declare | |
| Resources: | (Reserves, Prob.): 4.4Mt @ 2.4g/t Au (330koz Au) at Davyhurst | |
| CP/QP: | [Reserve] Geoff Davidson (Independent) | |
| ABSTRACT: | Ora Banda Mining Limited (ASX:OBM) (“Ora Banda”, “Company”) is pleased to declare a combined JORC (2012) Probable Ore Reserve for four key ore deposits (Riverina, Missouri and Sand King open pits, and Golden Eagle underground) at its Davyhurst Gold Project (“DGP” or "Project”) of Ø 4.4 Mt @ 2.4 g/t Au for 330,000 gold ounces (Table 1) This Ore Reserve was calculated at a gold price of A$2,100 / oz Au. Mining studies for Ora Banda’s Waihi and Callion open pit as well as an underground extension to Riverina (below the proposed open pit) are also nearing completion, and reserve updates for these prospects are planned to be included in the Ore Reserve Statement underpinning the Company’s definitive feasibility study (DFS) scheduled for completion in June 2020. The Davyhurst Gold Project is located approximately 120 km northwest of Kalgoorlie and comprises: (i) a 1.2 Mtpa gold processing plant, (ii) fully permitted mining licenses, (iii) 160-person fully-equipped accommodation facility, and (iv) full complement of supporting infrastructure including RAV-10 rated haul roads, tailings dam and water extraction rights from two established borefields | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report