Orion Minerals reports outstanding assay results from Flat Mine South at Okiep Copper Project

Orion Minerals Limited (ASX: $ORN) has reported outstanding assay results from the confirmation diamond drilling program in the Flat Mines area at its Okiep Copper Project (OCP) in the Northern Cape, South Africa. The results confirm high-grade potential with mineralisation remaining open, supporting the company's early production plan for the Okiep Copper Project.

Orion's Managing Director and CEO, Errol Smart, comments on the latest assay results

Following our success in confirming the potential for high-grade copper mineralisation at Flat Mine East over the past month, the first assay results from Flat Mine South, located about 3km to the south-west of Flat Mine East have delivered further outstanding copper intercepts. These results show that the Flat Mines complex contains very high-grade copper sulphide mineralisation contained within wider zones of moderate grade intrusive. We are encouraged by the potential to rapidly add high-grade tonnes from near-surface bodies such as at Flat Mine Nababeep, and also down-dip and along trend of the blocks being included in the current mine plan. Our aspirational target is to restore our Okiep properties to their historic production levels of 20,000 - 50,000 tonnes of copper production per annum, which previous owners maintained for over five decades. Our ongoing drilling results underscore this potential.

Summary of Orion Minerals' latest assay results and outlook

Orion Minerals' latest assay results from the Flat Mines area at its Okiep Copper Project confirm high-grade potential with mineralisation remaining open. The intersections achieved to date support geological and grade distribution interpretations that were incorporated in Mineral Resource modelling and estimation for the Okiep Copper Project. The company's early production plan for the Okiep Copper Project is being supported by these results. Orion Minerals aims to restore its Okiep properties to their historic production levels of 20,000 - 50,000 tonnes of copper production per annum. The ongoing drilling results underscore the potential for achieving this target. The company's ambitious goal is to expand scale and extend the mine life, and the latest results further highlight the potential for high-grade tonnes from near-surface bodies and down-dip and along trend of the blocks being included in the current mine plan.