Ora Banda Mining Limited (ASX:OBM) has announced results of the Definitive Feasibility Study (DFS) that confirms that the Company can undertake a rapid and low-capital path to achieving sustainable gold production at Davyhurst in order to re-start production at the project.
OBM looks forward to immediately starting the development activities with a focus on the final piece of refurbishment of the Davyhurst plant. Moreover, commissioning of the plant is expected to commence in Q4, CY20 with first gold pour targeted for Q1, CY21, while the Company shall continue to undertake drilling programs across its highly prospective 1,350 km2 landholding, covering 200 km of strike.
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