Orion Minerals reveals new findings

Orion Minerals (ASX:ORN) has announced promising assay results from the Flat Mine South deposit, part of its Okiep Copper Project in South Africa. Recent diamond drilling results indicate significant extensions of copper mineralisation. These findings will play a crucial role in the project's upcoming Bankable Feasibility Study, potentially influencing mining strategies.

Comprehensive update on Orion Minerals' exploration progress

Orion Minerals has released significant diamond drilling results from the Flat Mine South deposit, showing extensive copper mineralisation. The findings, including notable intercepts in drill holes OFMSD083 and OFMSD082, suggest potential for growth and strategic adjustments at the Okiep Copper Project. The company is enhancing its exploration with advanced geophysical programs, aiming to further understand the mineralisation akin to the Carolusberg Deeps deposit. These efforts are integral to the upcoming Bankable Feasibility Study, set for early 2025, which may lead to changes in the mine's primary access and ore handling strategies. Orion is committed to expanding its resource base and continuing exploration to unlock further potential at the project.

Executive insights on exploration results

Errol Smart, Orion's Managing Director and CEO, expressed optimism about the vertical persistence of copper mineralisation and the strategic potential of the Flat Mine South deposit.