Ora Banda Mining Ltd. · ASX:OBM
Ora Banda Mining — Investor Presentation (September 2024)
20 slides from Ora Banda Mining's investor presentation, Sep 3, 2024
Slide 1: Corporate Presentation - North America
For personal use only Corporate Presentation ORABANDAMINING.COM.AU North America September 2024 ORABANDAMINING.COM.AU ASXOBM
Slide 2: Forward Looking Statements
Forward Looking Statements For personal use only IMPORTANT NOTICE AND DISCLAIMER This Presentation contains summary information about Ora Banda Mining Ltd (OBM, or the Company) and its activities which is current as at the date of this Presentation (3 September 2024). The information in this Present
Slide 3: FY24 | Transformational year
FY24 | Transformational year Key operational achievements: For personal use only • Record ounces produced at 69.9koz, 46% higher than the previous financial year1 • AISC/oz reduced by 10% to A$2,767/oz1 • 4 consecutive quarters of production growth from Davyhurst plant1,2 • Underground Resource grow
Slide 4: Corporate Overview
Corporate Overview BOARD OF DIRECTORS CAPITAL STRUCTURE For personal use only Share Price1 A$/share 0.58 Peter Mansell Non-executive Chairman (Corporate Lawyer) Shares on issue1 Million 1,861.6 Luke Creagh Managing Director (Mining Engineer) Performance rights on issue1 Million 158.9 Alan Rule Non-e
Slide 5: Project Overview
Project Overview Over 140km strike and 1,160km2 tenements highly prospective for underground mining For personal use only OBM’s Davyhurst tenements are located ~100km north-west of Kalgoorlie and are centred on 6 key project hubs Combined project area includes: • ~1,160km2 land holding with over 140
Slide 6: DRIVE to FY25 | Guidance sets up FY26
DRIVE to 150 | FY25 Guidance sets up FY261 - Underground mining strategy takes effect in FY25 For personal use only FY25 (Guidance) FY26* (Outlook) 160,000 - Year-on-year growth of 40% from FY23 to FY26 3,500 Location Low High Low High - AISC cost/oz reducing ~34% from FY23 to FY25 Riverina UG (Rese
Slide 7: Riverina | Ramped up and in Production
Riverina | Ramped up and in Production For personal use only FY24 Ramp up delivered key milestones including: • First ore – December 2023 quarter • First stopes – March 2024 quarter • Steady state production June-24 quarter FY25 metrics include: • Mining rate of 600-700ktpa of ore • Reserve grade of
Slide 8: Riverina | Good grade, good mining
Riverina | Good grade, good mining For personal use only Mining conditions performing well with planned stoping widths of 2.2m consistently achieved in stopes Areas on the main lode presenting with high-grade zones further drilling down dip of these zones is underway Grade reconciliation was 12% p
Slide 9: Riverina | Limited by data, not by potential
Riverina | Limited by data, not by potential Early stages of unlocking and extending this deposit – currently open at depth and to the north and south For personal use only Underground drill platforms are established with 2nd underground diamond drill rig scheduled to commence in the September 24 qu
Slide 10: Riverina | Multiple lodes and continuous strike
Riverina | Multiple lodes and continuous strike For personal use only ORABANDAMINING.COM.AU 10 Plan view of Riverina Levels – as shown in ASX announcement dated 3 September 2024
Slide 11: Sand King | 2nd underground Mine Commenced
Sand King | 2nd underground Mine Commenced Sand King underground commenced mining in August-243 the second For personal use only underground mine commencing within 2 years of changing strategy Forecast key metrics include: • Investment capital of ~$39 million with maximum cash draw down of ~$32 mi
Slide 12: Sand King | Fills the mill with high grade
Sand King | Fills the mill with high grade1 Sand King is a large mineralized gold system with the main 060 structure (BD Lode) continuing for over 800m of strike and has widths from 4m to over 8m’s and grades For personal use only between 2.2g/t to over 10g/t this 060 lode demonstrates excellent p
Slide 13: Riverina Exploration | Unlocking a big system
Riverina Exploration | Unlocking a big system For personal use only With Riverina Underground ramped up, work is now focused on understanding and unlocking the bigger Riverina system This trend continues for over ORABANDAMINING.COM.AU 10km and has never had systematic and continuous exploration focu
Slide 14: Riverina Exploration | Wide open at depth
Riverina Exploration | Wide open at depth Over 10km trend with numerous surface anomalies & high grade identified through air core, soil sampling & some RC For personal use only Previously no follow up below 100m for underground potential – where did all the surface gold come from? ORABANDAMINING.CO
Slide 15: Mulline Exploration | Significant potential
Mulline Exploration | Significant potential Over 10km trend with old open pit mines, numerous surface anomalies & high grade identified through air core, soil sampling & For personal use only some RC Previously no follow up below 100m for underground potential – where did all the surface gold come f
Slide 16: Sustainability | Integrated into our business
Sustainability | Integrated into our business • Over 2 Years Lost Time Injury Free - TRIFR of 10.8 For personal use only • Business sustainability commitments includes: – Sustainability Committee and established – Commitment to ESG principles – Monitoring activities to be reported – Environmental Ma
Slide 17: Going Forward | Executing strategy, delivering value
Going Forward | Executing strategy, delivering value Creating unparalleled growth, sustainably – Building the next mid tier miner For personal use only OBM’s change in strategy in FY23 to high grade underground is delivering significant value FY24 was a year demonstrating the commitment of OBM to de
Slide 18: Purpose, vision and aspiration
For personal use only Our Purpose Ore-some Rocks, Awesome People – Our why Exploring, Developing and Delivering Vision Creating unparalleled growth, sustainably – Our aspiration Building the next mid tier miner ORABANDAMINING.COM.AU September 2024
Slide 19: Values | How we operate
Values | How we operate Winning is all about the people For personal use only ORABANDAMINING.COM.AU 19
Slide 20: Competent Persons
Competent Persons For personal use only The information in this Presentation that relates to Mineral Resources and Ore Reserves are set out in the Company’s ASX announcement, ‘Mineral Resource and Ore Reserve Statement’ dated 2 July 2024. The Company confirms that it is not aware of any new informat
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