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Sunday, October 26, 2025

Ora Banda: Completes phase two drilling at Riverina South

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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.
  • 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
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