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Ora Banda Mining Ltd.
Summary
| Project: | Davyhurst | |
|---|---|---|
| Deposit: | Davyhurst | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/29/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 29-7-2019: Ora Banda Mining Ltd. announces an Exploration/Drilling Update report for its Davyhurst deposit at the Davyhurst project. Drilling results incl. 23m @ 9.1g/t Au from 128m. Ora Banda Mining Limited (ASX:OBM) (“Ora Banda”, “Company”) is pleased t | |
| Resources: | (Resource, Total): 20.728Mt @ 2.5g/t Au at Davyhurst | |
| CP/QP: | [Overall Report]: Andrew Czerw (Internal) | |
| ABSTRACT: | Ora Banda Mining Limited (ASX:OBM) (“Ora Banda”, “Company”) is pleased to advise that assay results have been returned from previous drilling programs at its Davyhurst Gold Project (“Project”). These notable results demonstrate the high-grade nature of the gold mineralisation at the Company’s key resource development deposits, along with the exploration potential of the broader project area. Ora Banda Managing Director, David Quinlivan, said: “These drilling results represent a positive start to the Company’s resource drilling and exploration activities. We are particularly encouraged by the high grade nature of the Waihi intersections. With the drill rigs now active at both Waihi and Riverina we are looking forward to the continued advancement of these project areas and a steady stream of news flow as exploration activity progresses. The high-grade regional exploration results from the Palmerston area, which are notably on a new mineralised surface, further demonstrate the significant exploration potential of this project” | |
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