Mineral explorer company, Ora Banda Mining Limited (ASX: OBM), advancing its district scale Davyhurst Gold Project on the greenstone belt of Western Australia, has announced that the Underground Mineral Resource for its priority target Riverina has increased by 46% to 728Kt @ 5.9 g/t Au for 139,000 ounces. The Total Mineral Resource at Riverina now stands at 3.7Mt @ 2.7g/t Au for 322,000 Au ounces, up 16%, which takes the Company’s total Mineral Resource to 23.3Mt @ 2.7g/t Au for 2.05M ounces.
The OBM stock was trading at AU$ 0.280, up 1.818% at AEST 11:52 AM on 5 June 2020.
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