InvestSMART

The article you are trying to access does not exist, however, here are some articles you may be interested in.

Ora Banda Mining Ltd (ASX:OBM)

ALERT: Price-sensitive ASX Announcement for OBM
Current share price for OBM : $1.590 0.485 (43.89%)+
Announcement
Release
12 Sep 2025 8:29AM
Price at Release
$1.105
Full Release
download
Summary
Ora Banda Mining Ltd released their FY25 Mineral Resource and Ore Reserve statement, reporting a total Mineral Resource estimate of 26.8 million tonnes at 2.4 g/t for 2.11 million ounces, representing a 160,000-ounce increase. The Riverina and Sand King Underground Resources saw significant increases, with total Ore Reserves rising by 24% to 3.0 million tonnes at 2.4 g/t for 236,000 ounces. The statement notes the exclusion of recent drilling results, with plans for extensive exploration and resource development in FY26.
Key Points
  • Ora Banda Mining Ltd announced their FY25 Mineral Resource and Ore Reserve statement.
  • The total Mineral Resource estimate is 26.8 million tonnes at 2.4 g/t for 2.11 million ounces, an increase of 160,000 ounces after mining 108,000 ounces.
  • Riverina Underground Resource increased by 25% to 7.0 million tonnes at 2.6 g/t for 586,000 ounces.
  • Sand King Underground Resource increased by 14% to 3.9 million tonnes at 2.8 g/t for 348,000 ounces.
  • Total Ore Reserve estimate increased by 24% to 3.0 million tonnes at 2.4 g/t for 236,000 ounces.
  • Underground Ore Reserves increased by 24% to 1.66 million tonnes at 3.3 g/t for 176,000 ounces.
  • Sand King Underground Ore Reserve increased by 54% to 829,000 tonnes at 3.2 g/t for 84,000 ounces.
  • The estimates do not include recent drilling results from Little Gem, Waihi, and other areas.
  • Ora Banda plans a significant exploration and resource development drilling program in FY26.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.