Ora Banda Mining (ASX:OBM) said drilling continued to expand the mineralization area with thick, "high-grade" results at its Waihi deposit within the Davyhurst project in Western Australia, according to a Thursday filing with the Australian bourse.
Drilling yielded seven meters at 27.4 grams per tonne gold, including 2 meters at 87.5 grams per tonne gold, the filing said.
The company expects a mineral resource update at the deposit early in the June quarter, the filing added.
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