Ann: First Phase of Drilling at Riverina Finalised, page-3

Looks decent.....

First Phase of Drilling at Riverina Finalised Upgraded Mineral Resource Estimation Underway

HIGHLIGHTS:Ø All assay results now received from Phase 1 resource definition drilling at RiverinaØ Drilling programme was very successful and enhanced the potential of an open pit development at Riverina, as well as the subsequent underground mining potentialØMineralised has been identified from shallow depths, as demonstrated by the intersection of 3.0m @ 14.9g/t from 3.0mØ Assay results demonstrate that the Riverina Deposit is consistently mineralised with a combination of narrow high-grade intercepts and broader low-grade zones, which together, are anticipated to provide an excellent mining opportunity in due courseØ

Multiple strong assay results include:Other Significant highlights from latest drillingo
4m @ 10.8g/t from 102mo
2m @ 17.7g/t from 112mo
5m @ 4.1g/t from 97m

Previously released Phase 1 highlightso
6m @ 13.4g/t from 65mo
4m @ 11.8g/t from 105mo
4m @ 6.2g/t from 121mo
5m @ 4.1g/t from 46mØ

Ora Banda is well-funded to continue its aggressive drilling programOra Banda Mining Limited (ASX:OBM) (“Ora Banda”, “Company”) is pleased to announce the final set of results returned from the 2019 Riverina Phase 1 RC resource definition drilling program.Riverina Phase 1 RC drilling program that included 80 drill holes for 6,267 metres is now complete and all results have been received. The programs results have enhanced the robust nature of the gold mineralisation with a combination of narrow high-grade intercepts and broader lower-grade zones intersected across the width of the lode systems.The Company’s geologists have commenced work on the Mineral Resource Estimation update which is scheduled for delivery in November 2019. Phase 2 drill planning remains ongoing.Managing Director CommentOra Banda Managing Director, David Quinlivan, said: “It is pleasing to achieve this milestone and we look forward to delivering the resource upgrade in the near future. The Phase 1 drilling has provided us with a greater geological understanding of the Riverina deposit and how this might translate into open pit mining.”o 3m @ 5.2g/t from 73mØ Resource Estimation work is underway, with finalisation scheduled for November 2019