Ora Banda: Completes phase two drilling at Riverina South

  • Ora Banda (OBM) has completed its phase two drilling program at Riverina South, within the Davyhurst Project in WA’s eastern goldfields
  • The infill reverse circulation drilled in the phase one program, targeted a one-kilometre long extension from the main Riverina deposit
  • Then the latest program covered 7338 metres in 68 holes and targeted two areas at Riverina South and around the British Lion prospect
  • Results also confirmed the continuity of the mineralised corridor which remains open at depth and along strike to the south
  • Resource estimation modelling is underway and Ora Banda expects this to delivered in September
  • Shares closed 2.5 per cent lower at 38.5 cents
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Revolut’s Storonsky Strengthens Residency in UK After Filing Error

CEO Nik Storonsky clarifies residency status following administrative mistake.Highlights: Nik Storonsky corrects residency status following a filing error.Revolut's...

PicPay Strengthens Position with $25 Billion Valuation in New York IPO

The Brazilian payments platform PicPay goes public, marking a significant milestone.Highlights: PicPay valued at $25 billion following its...

Long-Term DEI Efforts Strengthen Business Outcomes

Exploring how diversity, equity, and inclusion impact corporate success.Highlights: Diversity, equity, and inclusion (DEI) enhance employee engagement.Companies with...

EBAday Fintech Zone Winners Strengthen Industry Presence

Insights into past winners and their ongoing impact on fintech.Highlights: EBAday 2023 showcased multiple fintech innovations.Winners are expanding...