Ora Banda - OBM (ASX) News & Expert Insights from Stockhead

Ora Banda Mining (ASX: OBM) is a uniquely positioned gold exploration and development company as 100% owner of the Davyhurst Gold Project in the highly productive Eastern Goldfields region of Western Australia.

Davyhurst is located just 120 km north-west of Kalgoorlie. The region is host to multiple gold deposits with OBM currently carrying a total mineral resource inventory of 2.17 Moz at an average grade of 2.8 g/t Au. The Company has defined mineral reserves of 460koz at 2.4 g/t Au. Our tenements are also highly prospective for Nickel and Copper.

OBM owns an existing centralised 1.2 Mtpa processing hub, as well as additional established infrastructure at Davyhurst. This has facilitated the rapid unlocking of the value contained within the known resource base held by the Company.

OBM is governed by a Board of Directors with extensive experience in the resource and finance sectors.

KEY PEOPLE

Mr Creagh is a mining engineer with 20 years’ experience working for both contracting and mining companies at projects throughout Australia and overseas. He most recently served as Chief Operating Officer of Northern Star Resources Limited. Prior to becoming COO in 2018, Mr Creagh held various senior positions within Northern Star, including GM Business Development, GM Strategy & Growth and Operations Manager. Prior to working at Northern Star he was Operations Manager at Barminco Limited.

Mr Creagh has a Bachelor of Engineering (Mining) from University of Queensland and holds a Western Australian first class mine manager’s certificate.

Mr Mansell has extensive experience in the mining, corporate and energy sectors, both as an advisor and as an independent
Non-Executive Chairman and director of listed and unlisted companies.

Mr Mansell practised corporate and resources law for a number of years in South Africa and Australia. He was previously a partner at Freehills (the predecessor of the law firm Herbert Smith Freehills), including the Managing Partner for over 10 years, and its National Chairman.