Morning trading January 12, page-54

ORN
Assay results received for the first four drill holes from the maiden drilling program at the Okiep Copper Project, confirming and exceeding expectations. Three holes were drilled to confirm historically reported mineralisation, returning high-grade results including 10.36m at 1.84% Cu, 5.71m at 1.93% Cu and 4.69m at 2.05% Cu. Importantly, drilling also intersected a new mineralised zone at Koperberg West, supporting Orion’s geological model, with a high-grade intercept of 4.76m at 3.99% Cu. The maiden drilling program is now 55% complete, with 14 diamond holes completed at Koperberg West and 2 diamond holes completed at Koperberg East with a total of 1,900m drilled to date