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Ora Banda Mining Ltd.
Summary
| Project: | Riverina | |
|---|---|---|
| Deposit: | Riverina | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/9/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-4-2020: Ora Banda Mining Ltd. announces an Exploration/Drilling Update report for its Riverina deposit at the Riverina project. Drilling results incl. 13m @ 4.59g/t Au from 63m. Ora Banda Mining Limited (ASX:OBM) (“Ora Banda”, “Company”) is pleased to a | |
| Resources: | (Resource, Total): 3.786Mt @ 2.3g/t Au at Riverina | |
| CP/QP: | [Overall Report]: Andrew Czerw (Internal) | |
| ABSTRACT: | Ora Banda Mining Limited (ASX:OBM) (“Ora Banda”, “Company”) is pleased to announce the first set of results returned from the Riverina South Phase 1 Exploration reverse circulation (RC) drilling program. The Riverina South exploration program targeted a 1km long, highly prospective strike extension corridor immediately south of the main Riverina mining area that has been the focus of recent resource development works (see Figures 1 & 2). The program which included 32 drill holes for 3,639 metres, reaching a maximum depth of 150 metres, is now complete and all results have been received. This first pass wide spaced drilling was conducted on 80 metre line centres and commenced immediately south of the proposed Riverina open pit, continuing south to the British Lion prospect. This initial exploration drilling program has extended the mining potential immediately to the south of the Main Mining Area at Riverina (see Figures 2 & 3) and further enhanced the prospectively of a 1km zone that lies between the Main Mining Area at Riverina and the British Lion prospect. | |
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