OBM ora banda mining ltd

Greater Callion gold exploration priority

  1. 2,631 Posts.
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    Greater Callion surrounds Ora Banda’s historic Callion workings, which still holds a resource of 200,000 ounces at an average grade of 6.4 g/t, and is 14 kilometres southwest of the company's 1.2 million tonnes per annum Davyhurst processing plant.

    The company has been exploring the region since 2021, seeking to discover another new Callion-style deposit.

    This latest rock chip sampling program has brought it a step closer to that goal, with best results including:Welcome Stranger: 26.9 g/t and 18.6 g/t; Lady Dorothy: 18.9 g/t; Callion North: 7.7 g/t; and Lady Kate: 6.7 g/t and 6.3 g/t.

    Callion is a well-known mine in the Eastern Goldfields due to the relatively high-grade tenor of the ore lodes. Discovering a similar style deposit in this area is a really attractive target for us.”
    Ora Banda Mining interim CEO Andrew Czerw has said.“The fact that it is located so close to our Davyhurst process plant and because the surrounding area has received such limited exploration due to its disjointed ownership history, it was a no brainer for us to zero in on the prospects surrounding the Callion mine.
    “The greater Callion area will remain a high priority focus for life extension past the current reset plan.

    “The recent mapping and high-grade rock chip results are most encouraging and give us five new targets to drill.

    —//—

    I am thinking the next most interesting exploration result may come out of this Greater Callion area (being that area surrounding the old Callion pit).

    OBM has established its own assay laboratory onsite for fast turnaround of results

    I particularly like the look of that 10.5 metres x 17.2 g/t gold furthest South that has yet to be followed up with a systematic program.

    https://hotcopper.com.au/data/attachments/4590/4590259-8416f9447cc16c0f53aeb3821c9117a0.jpg



 
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