Ora Banda Mining Ltd. · ASX:OBM
Ora Banda Mining — Investor Presentation (October 2019)
34 slides from Ora Banda Mining's investor presentation, Oct 30, 2019
Slide 1: A Bright New Dawn
For personal use only A BRIGHT NEW DAWN Investor Presentation: October 2019 1
Slide 2: Important Notice
IMPORTANT NOTICE No reliance: This presentation is a document that has been prepared by Ora Banda Mining Limited (“Company”, “OBM” or “Ora Banda”) for the purpose of providing a company and technical overview to interested investors. None of the Company, nor any of its related bodies corporate, thei
Slide 3: Important Notice
IMPORTANT NOTICE New Zealand This document has not been registered, filed with or approved by any New Zealand regulatory authority under the Financial Markets Conduct Act 2013 (New Zealand) (the FMC Act). The New Shares are not being offered or sold in New Zealand (or allotted with a view to being o
Slide 4: High-Impact Exploration & Mine Planning
HIGH-IMPACT EXPLORATION & MINE PLANNING • Ora Banda’s focus is to unlock significant value from the Company’s strategic and prospective landholding, through the following: For personal use only Exploration & Systematic exploration program including infill and extensional drilling of high priority re
Slide 5: Corporate Overview
CORPORATE OVERVIEW For personal use only Ora Banda Mining (ASX:OBM) Board of Directors Share Price (25 October 2019) A$/sh 0.19 • Corporate lawyer with over 40 years’ experience Peter Mansell • Currently Non-executive Chairman of Energy Resources of Australia Limited (subsidiary of Shares on issue M
Slide 6: Excellent Foundation for Production
For personal use only EXCELLENT FOUNDATION FOR PRODUCTION 6 6
Slide 7: Infrastructure in Place for Rapid Start-up
INFRASTRUCTURE IN PLACE FOR RAPID START-UP • Significant infrastructure in For personal use only Tailings Storage Facility Underground Mine Development Mains Power to Site place facilitates near term production with low capex • Not shown here: – Admin buildings – Workshops – Airstrip – Large bore fi
Slide 8: 1.2 Mtpa Plant Gives Ora Banda a Big Edge
1.2 MTPA PLANT GIVES ORA BANDA A BIG EDGE • Estimated cost to replace circa For personal use only 1.2Mtpa Davyhurst Processing Plant $100 million • Significant advantage as very few explorers have immediate access to own processing facilities • Recommissioning costs just $8.5 million (GRES EPCM esti
Slide 9: Km of Strike
200 KM OF STRIKE • Large scale project, covering 200 strike kilometres of highly prospective For personal use only greenstone belt • Project located 120km NW of Kalgoorlie • Landholding of 1,336km2, comprising 112 tenements – Strong project pipeline from grass roots through to near mine • Strategic
Slide 10: High Grade Reserve & Resource
HIGH GRADE RESERVE & RESOURCE For personal use only MINERAL RESOURCE TABLE1 • 23 individual deposits in Resources, with only two of these deposits in Reserve PROJECT MEASURED INDICATED INFERRED TOTAL MATERIAL 23 & 2 • Potential to increase Resources and (‘000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t
Slide 11: Mine Development Program
For personal use only MINE DEVELOPMENT PROGRAM 11 11
Slide 12: The Focus Is on Five Key Deposits
THE FOCUS IS ON FIVE KEY DEPOSITS Deposit Target Distance to Current JORC Resource* Proposed Drill For personal use only Plant Metres Riverina OP 48km 2.6Mt @ 2.5g/t for 205koz 13,800m Waihi OP & UG 3km 914Kt @ 2.4g/t for 71koz 12,700m Callion OP & UG 14km 169Kt @ 2.6g/t for 14koz 4,300m Siberia OP
Slide 13: Riverina
1 RIVERINA Mine Development Overview For personal use only Priority development target with significant open pit and underground potential. Near term production opportunity, and only 48km by road from Davyhurst plant Riverina deposits host three significant lodes Potential Resources Exploration Exis
Slide 14: Riverina
1 RIVERINA Mine Development • For personal use only Primary focus is on JORC resource upgrades & reserve conversion • Phase 1 drill out (6,267m) on recent open pit optimized shell now complete • Metallurgical diamond core sample collection now complete • Mineralisation and resource model updates com
Slide 15: Riverina
1 RIVERINA Mine Development • For personal use only Open pit potential centered around Murchison Lode • Main lode hold strong underground mining potential 15 Refer to ASX announcements dated 29 July 2019, 26 August 2019, 16 September 2019 and 8 October 2019. For further drilling details refer the OB
Slide 16: Waihi
2 WAIHI Mine Development Overview For personal use only Priority exploration target with both open pit and high-grade underground potential. Near term production opportunity. Only 3km from Davyhurst plant Waihi deposits host three significant lodes Resources Existing • Waihi Main, Homeward Bound & G
Slide 17: Waihi
2 WAIHI Mine Development • For personal use only Primary focus is on JORC resource upgrades & open pit reserve conversion • Phase 1 drill progressing well • Metallurgical diamond core sample collection now complete • Recent significant intersection: – 23m @ 9.1g/t from 128 metres – 5.0m @ 19.2 g/t f
Slide 18: Waihi
2 WAIHI Mine Development For personal use only 18 Refer to ASX announcement dated 14 October 2019. For further drilling details refer OBM website at www.orabandmining.com.au
Slide 19: Siberia
3 SIBERIA Mine Development For personal use only Overview Sand King and Missouri present open pit cut-back mining opportunities located only 37km from Davyhurst Plant. Revised mine evaluation works targeting higher margin / higher grade ore tonnes • Resources Resource of 4.8Mt @ 3.2g/t for 498koz1 E
Slide 20: Siberia
3 SIBERIA Mine Development For personal use only ❖ Missouri Reserve ❖ Sandking Reserve ❖ 1,700,000t @ 2.1g/t for 120,000 ounces ❖ 1,100,000t @ 2.6g/t for 93,000 ounces ❖ Combined Siberia Open Pit Reserve – 2,800,000 tonnes @ 2.3g/t for 210,000 ounces 20 Refer to ASX announcement dated 30 October 201
Slide 21: Callion
4 CALLION Mine Development For personal use only Priority exploration target with open pit and high-grade Overview underground potential Prospective as a high-grade underground mining opportunity, only 14km from Davyhurst plant • Resources One main lode at Callion Existing • Existing Resource of 169
Slide 22: Golden Eagle
5 GOLDEN EAGLE Mine Development For personal use only Overview Advanced development opportunity ~2 km from Davyhurst Plant. Underground mine developed to 150m vertical depth. Significant potential for extensions to the Resource at depth Potential Resources • The North & Central Shoot have an Explora
Slide 23: Exploration Pipeline
For personal use only EXPLORATION PIPELINE 23 23
Slide 24: Very Prospective Exploration
VERY PROSPECTIVE EXPLORATION Exploration For personal use only Large landholding covering 1,336km2 and many kms of prospective strike Tenement consolidation occurred in 2007, but no coherent exploration effort undertaken yet Of the 48,000 holes in the database, fewer than 600 are drilled deeper than
Slide 25: Exploration - Siberia
EXPLORATION - SIBERIA Mine Development For personal use only • Exploration scout drilling (2018) east of Bewick Moreing and North of Sandking intersected a new mineralised surface • PARC18005 returned 4.0m @ 15.3g/t from only 13 metres, including 2.0m @ 29.8g/t • Structure remains largely untested,
Slide 26: High Order Targets Not Followed Up!
HIGH ORDER TARGETS NOT FOLLOWED UP! Exploration Mulline Trend • Prospective for Lady Ida Trend • Prospective for For personal use only numerous open numerous open targets targets • Well defined but • Well defined but poorly tested poorly tested advanced prospect mineralised trend scale gold • Signif
Slide 27: High Grade Samples Not Followed Up!
HIGH GRADE SAMPLES NOT FOLLOWED UP! Exploration South Siberia • Two newly defined For personal use only (2016) large scale trends – untested by drilling 71 surface samples assaying +1.0g/t, with • Auger drilling utilised to 71 target gold enriched no RC /Diamond drilling within 200m calereous soil h
Slide 28: Investment Highlights
For personal use only INVESTMENT HIGHLIGHTS 28 28
Slide 29: Strong News Flow & Multiple Value Catalysts
STRONG NEWS FLOW & MULTIPLE VALUE CATALYSTS For personal use only Key Workstreams Q3 CY19 Q4 CY19 Q1 CY20 Q2 CY20 Q3 CY20 Q4 CY20 Q1 CY21 Drilling Complete 1. Riverina Estimation/ Approvals ✓ Exploration newsflow to Drilling Complete culminate in multiple 2. Waihi Resources & Reserves Estimation / A
Slide 30: Investment Summary
INVESTMENT SUMMARY For personal use only 1. Existing Processing Hub (@ 1.2Mtpa) 2. Large & Prospective Landholding (1,336km2) 3. Known High Grade Resources 4. Tier 1 Gold Mining Jurisdiction 5. Experienced New Resources Board 6. Strong Balance Sheet & Well Capitalised 7. Targeting Near Term Producti
Slide 31: Appendix: Additional Slides
For personal use only APPENDIX: ADDITIONAL SLIDES 31 31
Slide 32: Historical Exploration Results
HISTORICAL EXPLORATION RESULTS Date Announcement Date Announcement For personal use only 28-Jun-18 Strong Underground Drilling Results From Golden Eagle – Central Shoot 15-Dec-16 Sand King Grades Strengthen Siberia Mining Operations 14-Jun-18 Regional Exploration Update 15-Dec-16 Missouri Deposit Mi
Slide 33: Mineral Resources & Ore Reserves
MINERAL RESOURCES & ORE RESERVES MEASURED INDICATED INFERRED TOTAL MATERIAL PROBABLE TOTAL MATERIAL For personal use only MINERAL RESOURCES ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000oz.) MINERAL RESERVE GOLDEN EAGLE - - 345 2.5 311 2.6 656 2.5 54 ('000t) (g/t Au) ('000
Slide 34: For personal use only
For personal use only David Quinlivan Managing Director Email: David.Quinlivan@orabandamining.com.au Phone: 08 6365 4548 34
Ora Banda Mining — Investor Presentation (October 2019) on 6ix