Ora Banda Mining Says Drilling at Western Australia Gold Camp Returns High-Grade Intersections

MT Newswires Live

Jun 10, 2025

Ora Banda Mining (ASX:OBM) said infill drilling between 500 meters to 1,000 meters below surface returned numerous high-grade intersections at the Riverina gold camp in Western Australia, according to a Tuesday Australian bourse filing.

The company reported "significant" intercepts of 1.7 meters at 76.4 grams per tonne (g/t) grade of gold, 11.8 meters at 9.8 g/t grade of gold, and 4.3 meters at 24.6 g/t grade of gold. The firm is working towards an updated mineral resource estimate.

It also completed an initial seven-hole program at the Waihi prospect, which provided material depth extensions to the known mineralization. One of the drill holes intersected a new mineralized zone in the footwall of the main mineralization at 330 meters below surface, returning 8.7 meters at 9.3 g/t grade of gold.

Wide spacing exploration drilling at the Little Gem prospect on 400-meter step outs extended the mineralized carbonate system, per the filing. A phase two drill program is ongoing, with further infill drilling planned at Little Gem.

Ora Banda Mining's shares fell 2% in early trading on Tuesday.

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The firm is working towards an updated mineral resource estimate.</p><p>It also completed an initial seven-hole program at the Waihi prospect, which provided material depth extensions to the known mineralization. One of the drill holes intersected a new mineralized zone in the footwall of the main mineralization at 330 meters below surface, returning 8.7 meters at 9.3 g/t grade of gold.</p><p>Wide spacing exploration drilling at the Little Gem prospect on 400-meter step outs extended the mineralized carbonate system, per the filing. A phase two drill program is ongoing, with further infill drilling planned at Little Gem.</p><p>Ora Banda Mining's shares fell 2% in early trading on Tuesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4168","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2542351700","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542351700","pubTimestamp":1749517967,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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