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.
OBM Share Price and Trading History
KEY PEOPLE
Luke Creagh | Managing Director & CEO
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.
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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.
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Alan Rule | Non-Executive Director
Mr Rule has more than 25 years’ experience as the CFO of ASX listed mining companies with operations and projects in Australia, Africa, North and South America across several commodities. He has also been a Non-Executive Director of listed companies since 2016. He is currently a Non-executive Director of Yellow Cake plc, an AIM listed company.
Mr Rule has considerable experience in international debt and equity financing of mining projects, implementation of accounting controls and systems, risk management, governance, and regulatory requirements in mining companies. In addition, he has wide ranging experience in mergers and acquisitions within the mining industry.
Mr Rule was CFO at Galaxy Resources Limited from 2017 until it was taken over in 2021. His previous positions included CFO of Sundance Resources Limited, Paladin Energy Limited, Mount Gibson Limited and St Barbara Mines Limited. He is a Chartered Accountant (Fellow) and holds Bachelor of Commerce and Bachelor of Accounting degrees.
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