Ora Banda Mining (ASX:OBM) provides update on Riverina and Sand King underground mines

Ora Banda Mining Limited (ASX:OBM) has released an update on its Riverina and Sand King underground mines, which are part of the Davyhurst Gold Project. The company reported excellent drill intercepts highlighting the high-grade and consistent nature of the Riverina ore lodes. Additionally, the Sand King Portal has been established, and mining operations have commenced, with the first development ore expected in the December-24 quarter and steady state production of 60kozpa commencing in the June-25 Quarter.

Executive Commentary from Ora Banda's Managing Director, Luke Creagh

As mining and drilling progresses at Riverina, our confidence is growing that we are only at the very early stages in unlocking what is presenting as a large and high-grade system. The addition of a second underground diamond rig as well as two surface drill rigs in the coming months is an exciting catalyst for the next wave of drill results as we target material extensions to the current Riverina system. Commencing Sand King is also an exciting time for the Company, demonstrating commitment to our strategy and placing us on the path to deliver 140,000 to 160,000oz in FY26.

Summary of Ora Banda Mining's update

Ora Banda Mining (ASX:OBM) has made significant progress with its Riverina and Sand King underground mines. The latest infill drilling results from Riverina confirm the consistency and high-grade nature of the ore lodes, with a second underground diamond rig scheduled to start mid-September to accelerate resource extension and exploration drilling. The company also announced the commencement of mining operations at the Sand King underground mine, with the first development ore expected in the December-24 quarter and steady state production of 60kozpa commencing in the June-25 Quarter. Ora Banda's Managing Director, Luke Creagh, expressed confidence in the early stages of unlocking a large and high-grade system at Riverina and highlighted the exciting time for the Company with the commencement of Sand King, demonstrating commitment to their strategy and setting the path for future deliveries.