OBM 2.70% 38.0¢ ora banda mining ltd

Diggers n Dealers 2023, page-26

  1. 270 Posts.
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    Hi Bigblocker, Thanks for your helpful comments. With your experience would you please explain this:

    https://hotcopper.com.au/data/attachments/5479/5479809-240296fd8356689ffef8d4b3643c6f92.jpg

    I assume that underground diamond drilling means exploratory and infill drilling closer to the prospective grade.
    What does "first ore" mean? Why is it different from "first stopes"? Does "first ore" mean that they will be generating 4 g/tonne for mill processing from that date - assuming 4 g/tonne is achieved as planned? Or will "first ore" be lesser grade they find that is good enough for processing?

    I'd appreciate your help or anyone else's help who can give an authoritative explanation.

 
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