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Ora Banda Mining Ltd.
Summary
| Project: | Davyhurst | |
|---|---|---|
| Deposit: | Waihi | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/6/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 6-11-2019: Ora Banda Mining Ltd. announces an Exploration/Drilling Update report for its Waihi deposit at the Davyhurst project. Drilling results incl. 23.0m @ 6.22g/t Au from 34.0m. 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 announce the next round of results from its Waihi resource definition drilling program. Recently, both reverse circulation (RC) and diamond drilling (DD) operations have been centred on the Waihi deposit with solid progress achieved. Drilling has been focused on delineating and upgrading an optimal open pit Mineral Resource with potential for further resource extensions at depth. A total of 3,899 RC metres and 4,234 DD metres for 8,133 metres has been completed to date at Waihi from a total planned program of 9,845 metres. The more recent drilling continues to infill and extend early results that intersected the Waihi and Homeward Bound ore shoots at depth down plunge of the existing open pit resources. | |
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