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

David Quinlivan | Managing Director

Mr Quinlivan is a mining engineer with significant mining and executive leadership experience having 11 years of service at WMC Resources Limited, followed by a number of high-profile mining development positions. Since 1989, Mr Quinlivan has served as principal of Borden Mining Services, a mining consulting services firm, where he has worked on a number of mining projects in various capacities.

Peter Mansell | Non-Executive Chairman

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.

Keith Jones | Non-Executive Director

Mr Jones is a chartered accountant with 38 years’ industry experience. He led the Western Australian practice of Deloitte for 15 years, the Energy and Resources Group, and Chairman of Deloitte Australia.