Ora Banda Mining Ltd. · ASX:OBM
Ora Banda Mining — Investor Presentation (May 2021)
26 slides from Ora Banda Mining's investor presentation, May 10, 2021
Slide 1: Investor Presentation Update – May 2021
For personal use only Investor Presentation Update – May 2021
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: Investment Highlights
INVESTMENT HIGHLIGHTS •1 Australia’s newest gold producer For personal use only •2 Robust project1 – 5.2 year mine life – 81kozpa – average annual gold production •3 Producing and debt-free – $18.5 million cash and no debt at 31 March 2021 – $15.0 million facility terms agreed with CBA •4 Operations
Slide 4: Corporate Overview
CORPORATE OVERVIEW For personal use only Ora Banda Mining (ASX:OBM) Board of Directors Share Price (7th May 2021) A$/share 0.195 Peter Mansell • Corporate lawyer with over 40 years’ experience Non-executive Chairman • Currently Non-executive Chairman of Energy Resources of Australia Limited (Rio Tin
Slide 5: Quarterly Recap & Highlights
QUARTERLY RECAP & HIGHLIGHTS For personal use only • Peter Nicholson commenced as CEO on 6 April 2021 Riverina Open Pit Site Layout (31 Dec 2020) Riverina Open Pit (31 Dec 2020) • 3,024oz of gold sold at an average price of A$2,235/oz – Unsold bullion of 1,166 oz – Gold in Circuit (GIC) of 1,354 oz
Slide 6: Davyhurst Gold Project
For personal use only DAVYHURST GOLD PROJECT 6 6
Slide 7: Producer with Near Term +80kozpa Target
PRODUCER WITH NEAR TERM +80KOZPA TARGET1 For personal use only 1 Current Operational Status • Commencement of gold production at Davyhurst (first gold poured in February) • Project works delivered on schedule and within budget: – Riverina O/P & Golden Eagle U/G operational – Process plant in ramp up
Slide 8: Compelling Financial Metrics
COMPELLING FINANCIAL METRICS1 For personal use only Recap of Key DFS Metrics Operating Costs LOM (A$/oz) • DFS base case undertaken at A$2,100/oz gold price Mining (including road haulage & ROM loading) 1,082 – Significant upside to current gold price environment Processing 293 • At OBM’s “Base Case
Slide 9: Six Key Deposits Underpin Mine Production
SIX KEY DEPOSITS UNDERPIN MINE PRODUCTION1 For personal use only Deposit Mineral Resource1 Mining Reserve1 Comments • Open Pit & Underground Riverina 3.7 Mt @ 2.7 g/t for 322 koz 1.4 Mt @ 1.8 g/t for 81 koz • Mineralisation remains open at depth, along strike and down plunge • Underground • Mine dev
Slide 10: Mine Overview
MINE OVERVIEW PROCESSING PLANT LNG FACILITY PLANT CONTROL ROOM For personal use only GOLDEN EAGLE UNDERGROUND OPERATIONS RIVERINA OPEN PIT OPERATIONS RIVERINA CAMP 10
Slide 11: Resource Definition and Exploration
For personal use only RESOURCE DEFINITION AND EXPLORATION 11 11
Slide 12: District Scale Landholding
DISTRICT SCALE LANDHOLDING For personal use only • “District Scale” land holding stretching from Kalgoorlie to north of Menzies with significant exploration potential • Tenement package consists of 111 granted tenements covering an area of approximately 1,350 km2 • Approximately 200 strike kilometer
Slide 13: Riverina South - An Advanced Near Mine Prospect
RIVERINA SOUTH - AN ADVANCED NEAR MINE PROSPECT Resource Definition Riverina South & UG Prospects – Adjoins & Below Riverina Open Pit For personal use only • Confirmed extension to Riverina Main Lode mineralisation, remains open along strike to the south and at depth • Maiden resource estimate of 65
Slide 14: Golden Eagle Underground - Resource Extension
GOLDEN EAGLE UNDERGROUND - RESOURCE EXTENSION Resource Definition Golden Eagle Underground – Resource For personal use only Extension and Upgrade Drilling • Drilling targeted at extending and upgrading the current Golden Eagle underground resource • 4,083 infill diamond metres drilled in March 2021
Slide 15: Exploration Potential – Multiple Regional Prospects
EXPLORATION POTENTIAL – MULTIPLE REGIONAL PROSPECTS Regional Exploration For personal use only 1 Large landholding covering 1,350km2 and many kms of prospective strike 2 Tenement consolidation occurred in 2007, but no coherent exploration effort undertaken as yet 3 High priority targets include well
Slide 16: Exploration Potential – Multiple Regional Prospects
EXPLORATION POTENTIAL – MULTIPLE REGIONAL PROSPECTS Regional Exploration TARGETS - Exploration & Resource Development For personal use only – “Target Support” defines current understanding and confidence in the target – “Prospectivity” defines the potential of the target – Size of the bubble represe
Slide 17: Appendices
17 For personal use only APPENDICES 17
Slide 18: Riverina
1 RIVERINA Mine Development Riverina - Open Pit & Underground Riverina For personal use only Isometric view looking north-west • Resource 3.7 Mt @ 2.7 g/t for 322 koz1 - Open Pit 3.0 Mt @ 1.9 g/t for 183 koz - Underground 0.7 Mt @ 5.9 g/t for 139 koz • Ore Reserve 1.4 Mt @ 1.8 g/t for 81 koz2 • Loca
Slide 19: Golden Eagle
2 GOLDEN EAGLE Mine Development Golden Eagle - Underground For personal use only • Resource 0.4 Mt @ 3.9 g/t for 49 koz1 Golden Eagle Long Section • Ore Reserve 0.1 Mt @ 3.8 g/t for 16 koz2 • Located 2 km from Davyhurst Process Plant • Substantial development complete (mine developed to 150m vertica
Slide 20: Missouri
3 MISSOURI Mine Development Missouri Missouri - Open Pit & Underground For personal use only Isometric view looking north-west • Resource 2.1 Mt @ 3.4 g/t for 227 koz1 • Ore Reserve 1.5 Mt @ 2.6 g/t for 130 koz2 • Located 37 km from Davyhurst Process Plant Missouri Mine Design Showing pit design & m
Slide 21: Sand King
4 SAND KING Mine Development Sand King - Open Pit & Underground For personal use only Sand King Mine Design • Resource 2.5 Mt @ 3.5 g/t for 286 koz1 Showing pit design & mineralisation wireframes • Ore Reserve 1.3 Mt @ 2.6 g/t for 110 koz2 Isometric view looking north-west • Located 37 km from Davyh
Slide 22: Waihi
5 WAIHI Mine Development Waihi - Open Pit & Underground For personal use only • Resource 2.5 Mt @ 2.6 g/t for 206 koz1 - Open Pit 2.1 Mt @ 2.4 g/t for 159 koz - Underground 0.4 Mt @ 3.8 g/t for 47 koz • Ore Reserve 1.5 Mt @ 2.3 g/t for 110 koz2 • Located 3 km from Davyhurst Process Plant • Undergrou
Slide 23: Callion
6 CALLION Mine Development Callion - Open Pit & Underground For personal use only • Resource 0.7 Mt @ 4.9 g/t for 107 koz1 • Ore Reserve 0.2 Mt @ 2.6 g/t for 21 koz2 • Located 14 km from Davyhurst Process Plant • High grade underground potential 1. Refer to Appendix A & B - Mineral Reserve and Minin
Slide 24: Appendix A – Ore Reserve Table
APPENDIX A – ORE RESERVE TABLE For personal use only PROVED PROBABLE TOTAL MATERIAL PROJECT ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000oz.) Sand King - - 1,300 2.6 1,300 2.6 110 Missouri - - 1,500 2.6 1,500 2.6 130 Riverina Open Pit - - 1,400 1.8 1,400 1.8 81 Golden Eagle - - 130 3.8 13
Slide 25: Appendix B – Mineral Resource Table
APPENDIX B – MINERAL RESOURCE TABLE MEASURED INDICATED INFERRED TOTAL MATERIAL MEASURED INDICATED INFERRED TOTAL MATERIAL PROJECT PROJECT For personal use only Cut-Off ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000oz.) Cut-Off ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t
Slide 26: Peter Nicholson, Chief Executive Officer
For personal use only Peter Nicholson Chief Executive Officer Email: admin@orabandamining.com.au Phone: +61 8 6365 4548 26