OBM 3.20% 60.5¢ ora banda mining ltd

Ann: New High Grade Lode System Discovered at Sand King, page-4

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  1. 1,788 Posts.
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    Expecting an outline of the plans for the first 3 years of underground mining at Sand King in the coming weeks, ahead of the FID decision to commence the decline in July for completion year end 2024.

    The reserve/resource picture can be expanded materially in the future once additional drilling can be undertaken much more cheaply and efficiently from underground locations.

    We can expect the same approach for a resource/reserve expansion at Riverina now that drilling can be undertaken from underground … as the cost savings are material

 
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