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Ora Banda Mining Ltd (ASX:OBM)
ALERT: Price-sensitive ASX Announcement for OBM
Current share price for OBM : $1.098 0.047 (4.52%)+
Announcement
Release
9 Sep 2025 8:32AM
Price at Release
$1.050
Full Release
Summary
Ora Banda Mining Ltd has announced that recent drilling at the Sand King area has led to an expansion of mineralisation. The drilling program has revealed significant gold intercepts, indicating potential for resource growth beyond the current resource model. The results suggest the presence of high-grade gold mineralisation, with several notable intercepts showing high grams per tonne gold values over various intervals. The ongoing exploration efforts aim to further delineate and expand the known mineralisation, which could enhance the project's economic potential.
Key Points
- Significant gold intercepts identified in Sand King area.
- Potential for resource growth beyond current model.
- High-grade gold mineralisation detected with notable intercepts.
- Ongoing exploration to further delineate mineralisation.
- Drilling results suggest enhanced economic potential of the project.
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.
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