viewOra Banda Mining Ltd

Ora Banda Mining on track to release Davyhurst definitive feasibility study next month

Ora Banda Mining Ltd's (ASX:OBM) David Quinlivan tells Proactive's Andrew Scott they're targeting having the DFS for its Davyhurst Gold Project completed next month and they're currently on track to do that.

They've recently confirmed high-grade gold results from its Sand King resource validation reverse circulation (RC) and diamond core (DD) drilling program.

Sand King is part of Ora’s Siberia deposit, which is one of the five deposits in the company’s district-scale Davyhurst Gold Project in Western Australia.

''From what we're seeing at the moment, there's a great case for Ora Banda coming back into production next year''.

Quick facts: Ora Banda Mining Ltd

Price: 0.335 AUD

Market: ASX
Market Cap: $280.87 m

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Ora Banda Mining's David Quinlivan updates on $55mln fundraise and...

  Ora Banda Mining Ltd's (ASX:OBM) (FRA:M6N) David Quinlivan tells Proactive's Andrew Scott they've received firm commitments for $55mln - phase one is complete and they've received the cash. He adds that the second phase is subject to shareholder approval with an EGM scheduled for early...

on 3/8/20

2 min read