Ora Banda Mining reports encouraging results from ongoing RC and DD program; Stock up 15%

  • May 20, 2020 01:42 PM AEST
  • Team Kalkine

Ora Banda Mining Limited (ASX: OBM) has announced encouraging results from an ongoing regional exploration reverse circulation (RC) and near mine exploration diamond drilling (DD) program which focussed on the unexplored Mulline and Golden Lode mineralised corridors.

Gold MTF non-AMP

  • The Flame prospect in the southern end of the Golden Lode corridor returned high grade results over mineable widths, in contiguous holes from surface.
  • Coherent structures of economic-grade gold intersections was identified at the Young Australian prospect, within the Mulline corridor.

The OBM was up 15% to AU$ 0.230 at AEST 12:39 pm on 20 May 2020.


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