Ora Banda Announces Maiden Underground Resource of 77,000 oz at Callion

June 29, 2020 12:22 PM AEST | By Team Kalkine Media

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Gold exploration and development company, Ora Banda Mining Limited (ASX:OBM) has announced a maiden underground Mineral Resource of 411Kt @ 5.8 g/t Au for 77,000 Au ounces at Callion, which is a crucial part of OBM’s Davyhurst Gold Project and is placed 13 km south west of the Company’s Davyhurst processing plant.

The maiden underground Resource at Callion increases the total Resource at this historic high-grade mining centre by 72% to 680Kt @ 4.9 g/t Au for 107,000 Au ounces bringing OBM’s total Mineral Resource to 23.7 Mt @ 2.8 g/t Au for 2.13M ounces.

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