Ora Banda Mining Ltd. · ASX:OBM
Ora Banda Mining — Mining Forum Americas 2025
27 slides from Ora Banda Mining's conference presentation, Sep 12, 2025
Slide 1: Investor Presentation - Mining Forum Americas
For personal use only Investor Presentation Mining Forum Americas, Colorado Springs Luke Creagh Managing Director September 2025 ASX: OBM ORABANDAMINING.COM.AU
Slide 2: Forward looking statements
Forward looking statements IMPORTANT NOTICE AND DISCLAIMER This Presentation dated 12 September 2025 contains summary information about Ora Banda Mining Ltd ABN 69 100 038 266 (Ora Banda Mining or the Company) and its activities based on information available at the time of preparing the Presentatio
Slide 3: We are Ora Banda Mining
We are Ora Banda Mining Sustainably growing gold production to unlock long- term value for all stakeholders DAVYHURST GOLD PROJECT (100% ORA BANDA MINING) For personal use only ► Large land holding with 67 granted tenements over 1,135km2 ► Belt-scale exploration potential with more than 140km of hig
Slide 4: Corporate overview
Corporate overview ASX: OBM CAPITAL STRUCTURE BOARD OF DIRECTORS Share Price* A$/share 1.155 Peter Mansell Non-executive Chairman (Corporate Lawyer) For personal use only Shares on issue* million 1,889.3 Luke Creagh Managing Director (Mining Engineer) Performance rights on issue* million 144.5 Alan
Slide 5: Strengthening Balance Sheet underpins Growth
Strengthening Balance Sheet underpins Growth Closing FY25 cash of $84.2 million, representing $57.4 million increase during the year Execution of $50 million Syndicated Facility Agreement provides over $130 million in liquidity2,6 For personal use only 1 BALANCE SHEET 140 IMPROVED LIQUIDITY POSITION
Slide 6: FY26 Guidance
FY26 Guidance 12 FY26 guidance to deliver record production, cashflow and investment PRODUCTION PRODUCTION AND COST GUIDANCE12 180 ► Production up ~60% on FY25 targeting 140 -155koz* For personal use only 3rd Party Milling ► Includes ~21koz attributable equivalent production from proposed 160 Davyhu
Slide 7: Sustainability at Ora Banda
Sustainability at Ora Banda Sets the foundation on which our future production growth will be built ► 12-month TRIFR: 10.9 and 12-month LTIFR: 0.7 ► Dedicated Sustainability Committee For personal use only ► Preparing for Sustainability Reporting IDENTIFY ► Climate Readiness Assessment and Climate C
Slide 8: Leveraging our organic opportunities
Leveraging our organic opportunities Riverina and Sand King Underground mines set to fill the Davyhurst mill with high-grade ore For personal use only ORABANDAMINING.COM.AU 8
Slide 9: FY25 – Delivering on underground strategy
FY25 – Delivering on underground strategy Strategy change to focus to underground delivered record revenues and strong cash flows FY25 KEY ACHIEVEMENTS 165-170 koz ANNUAL MINED OUNCES & GRADE For personal use only CLOSING REVENUES Sand King UG Riverina UG CASH 160 Open Pits Low Grade UG A$84.2 milli
Slide 10: Riverina Underground mine
Riverina Underground mine 7 Capital payback achieved only 18 months after commencement 180 ,000 60, 000.0 179 ,000 178 ,000 177 ,000 176 ,000 175 ,000 174 ,000 173 ,000 STEADY STATE MINING WITH CONTINUOUS HIGH-GRADE MINERALISATION 172 ,000 171 ,000 170 ,000 169 ,000 168 ,000 QTLY ORE MINED AND OUNCE
Slide 11: Riverina Underground mine
Riverina Underground mine Successful drilling paves way for multi-year mine extension4 ► Deeper drilling confirms continuity of high-grade For personal use only gold mineralisation over 1,000m below surface and over 700m below current decline face ► 3 x underground diamond drill rigs are now operati
Slide 12: Sand King Underground
Sand King Underground Mine ramped up as second ore source8 SAND KING TO ENABLE 150KOZ PA PRODUCTION OUTLOOK For personal use only PORTAL FIRST STOPING 1 COMMENCED 2 DEVELOPMENT 3 COMMENCED Q1 FY25 ORE Q2 FY25 Q3 FY25 ► Modest capital investment of A$39 million, funded by operating cashflows3 ► Sand
Slide 13: Sand King Underground Mine ramped up
Sand King Underground Mine ramped up Drilling expands mining inventory plus 300m step-out returns significant high-grade results3 LONG SECTION VIEW OF SAND KING COMPARING FID CASE TO CURRENT MINE PLAN (LOOKING WEST) ► Extensional and infill resource For personal use only drilling has increased the m
Slide 14: $73 million Exploration spend to drive growth
12 $73 million Exploration spend to drive growth FY26 drilling program is the biggest in the 130-year history of the Davyhurst goldfield ► $73 million budget for drilling expected to deliver For personal use only ~329km of drilling (this is almost double the last 3 years combined which resulted in t
Slide 15: Central Davyhurst UG potential at Waihi Trend
Central Davyhurst UG potential at Waihi Trend 16 Outstanding drill results at Waihi accelerate case for third underground mine ► Historical Golden Pole Mine (200m West of Waihi) produced 81kt for 77koz (29.7g/t head grade) 9, in the circa early 1900s ► Recent drilling intersected both17: For persona
Slide 16: Riverina to Sunraysia Trend
Riverina to Sunraysia Trend High grade, multi-lode gold system expanded to over 1km strike at Little Gem4,10,11,13, 14 ► Drilling at Little Gem intersected two wide, high-grade lodes (Diamond and Ruby Lodes) 400 metres below surface (mbs) including 22.7m @ 5.0g/t and 10.9m @ 6.4g/t ► Follow up drill
Slide 17: Little Gem – Unlocking a potentially large system
Little Gem – Unlocking a potentially large system Phase 3 follow up drilling program of 38 holes has commenced14 ► Drilling has confirmed a multi- For personal use only lode gold mineralised system at Little Gem, with high gold grades and large lode widths ► Currently four lodes have been modelled,
Slide 18: Round Dam Trend
Round Dam Trend Exploration drilling at round dam reveals large-scale system with both open pit and underground potential17 For personal use only ► “Boots-on-the-ground” interpretive work coupled with first stage exploration drilling has unveiled a major new gold system at Round Dam ► Round Dam is a
Slide 19: Round Dam Trend
Round Dam Trend 7km strike mineralisation with significant drill program continuing17 ► 50 holes have been drilled in this program totalling 9,500m, only 15% of a planned 62,000m program consisting of more than 330 holes ► Significantly, hole FNRC25194 returned 8.0m @ 20.6g/t and 8.0m @ 3.0g/t from
Slide 20: Underground potential at the Mulline deposit
Underground potential at the Mulline deposit Underexplored trend over 10 km strike located ~8km west of the Riverina Trend MULLINE LONG SECTION LOOKING WEST: HISTORIC SHALLOW GOLD MINING For personal use only ► Over 10km trend with old open pit mines, numerous surface anomalies & high grades identif
Slide 21: FY26 – A catalyst-rich year ahead
FY26 – A catalyst-rich year ahead ➢ FY26 forecast to increase production by 60% to deliver ~150koz ➢ Production from Riverina and Sand King underground mines removes single asset mining risk → total For personal use only mined tonnes exceeds current mill capacity ➢ Feasibility study commenced to inc
Slide 22: Appendix
Appendix For personal use only ORABANDAMINING.COM.AU 22
Slide 23: Mineral Resource Estimate Statement (2025)
Mineral Resource Estimate Statement (2025)1 MEASURED INDICATED INFERRED TOTAL MATERIAL PROJECT ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000oz.) LIGHTS OF ISRAEL - - 74 4.3 180 4.2 254 4.2 34 MAKAI SHOOT - - 1,985 2.0 153 1.7 2,138 2.0 136 Open Pit - - 2,057 2.3 95 2.0 2,
Slide 24: Ore Reserve Statement (2025)
Ore Reserve Statement (2025)1 For personal use only DAVYHURST GOLD PROJECT ORE RESERVE BY DEPOSIT 1. Notes: 2. The table contains rounding adjustments to reflect accuracy and may not total exactly. PROJECT AREA PROVED PROBABLE TOTAL MATERIAL 3. This Ore Reserve was estimated from practical mining en
Slide 25: ASX Listing Rule 5.23 Statements
ASX Listing Rule 5.23 Statements Mineral Resources and Reserves The information in this Presentation that relates to Mineral Resources and Ore Reserves has been extracted from the Company’s ASX release, ‘Annual Mineral Resource and Ore For personal use only Reserve Statement’ dated 11 September 2025
Slide 26: Endnotes
Endnotes 1. Refer to ASX announcement, ‘Annual Mineral Resource and Ore Reserve Statement’ dated 12 September 2025 2. Refer to ASX announcement, “Balance sheet strengthens with $50m Revolving Credit Facility & Purchase of Put Options at $4,400/oz” dated 7 March 2025 3. Refer to ASX announcement, ‘Sa
Slide 27: Contact details
Contact details LUKE CREAGH For personal use only Managing Director +61 8 6365 4548 admin@obmltd.com.au ORABANDAMINING.COM.AU