Ora Banda Mining Ltd. · ASX:OBM
Ora Banda Mining — Investor Presentation (February 2023)
18 slides from Ora Banda Mining's investor presentation, Feb 17, 2023
Slide 1: The DRIVE to 100 - OBM Corporate Presentation
For personal use only The DRIVE to 100 OBM Corporate Presentation Luke Creagh Managing Director 17 February 2023
Slide 2: Forward Looking Statements
Forward Looking Statements For personal use only IMPORTANT NOTICE AND DISCLAIMER This Presentation contains summary information about the Company and its activities which is current as at the date of this Presentation. The information in this Presentation is of a general nature and does not purport
Slide 3: Disclaimers
Disclaimers For personal use only Information regarding Exploration Results for Riverina Underground is set out in the ASX announcement 'Riverina Resource & Reserve Update' dated 16 February 2023. The Company confirms that it is not aware of any new information or data that materially affects the in
Slide 4: Project Overview
Project Overview For personal use only OBM Davyhurst tenements are located ~100km north-west of Kalgoorlie and are centred on the following key project hubs: • Siberia & Davyhurst • Riverina & Mulline • Callion & Lady Ida These project hubs include: • ~1,200 square kilometre land holding over 130km
Slide 5: The DRIVE to 100 – Production Target >100kozpa in FY25
The DRIVE to 100 – Production Target >100kozpa in FY25 For personal use only Forecast Oz Produced FY23 to FY25 • The Company has potential to achieve a production profile above 100koz per annum 1 120 Year-on-year growth of ~34%, • This is a result of the strategy delivering the Riverina Underground
Slide 6: Value Creation – OBM's Three Year Strategy
Value Creation – OBM’s Three Year Strategy For personal use only Short Term Medium Term Longer Term Focus on the fundamentals Leverage organic opportunities Performance drives growth • Improve mining operating capability to deliver • Continuous improvement in operations to • Bring higher-margin mine
Slide 7: Riverina – First Exploration Priority
Riverina – First Exploration Priority For personal use only 3-Year Strategy to focus on high-grade underground targets delivers quick success • Riverina Underground Mineral Resource doubles to 303,000 ounces at 4.1g/t1 • New Resource is robust with minimum mining width of 1.6m applied • Resource rem
Slide 8: Riverina Underground – Preparing for mining
Riverina Underground – Preparing for mining For personal use only Underground Ready • Riverina pit mined down a further 15m to expose Main Portal and Ventilation Portal accesses • Underground mining tender process is well advanced and expected to be completed in March 2023 • A mining commencement no
Slide 9: Riverina – Ideal geometry for low capital and selective mining
Riverina – Ideal geometry for low capital and selective mining For personal use only Benefits of central decline and parallel lodes • Identifying high-grade extensions of the Murchison Lodes could Decline have substantial benefit to the economics of the Riverina Underground Main Lodes • Single decli
Slide 10: Riverina Underground – Early days in a big system
Riverina Underground – Early days in a big system For personal use only • Main Lode East Reserve outline compared to mineralisation envelope and Phase 2 drilling campaign • Phase 2 program is targeting extensions to the mineralisation envelope further south and at depth • In the past 37 years, only
Slide 11: Riverina Underground – Murchison lode
Riverina Underground – Murchison lode For personal use only • Murchison lode is parallel to the main lode and can be accessed off the same decline • Only 3% of the Reserve is from Murchison due to it having an inferred classification in the resource • Conversion from resources into reserves is a key
Slide 12: Missouri Open Pit
Missouri Open Pit For personal use only Missouri Pit (Siberia Trend) – current mining front Operational improvements took effect in the December quarter with key achievements including: • Mining productivity increased by 27% • Mined ounces increased by 33% • Processed tonnes increased by 11%, includ
Slide 13: Missouri - Next Target for Underground
Missouri - Next Target for Underground For personal use only • Historically no drilling under the Missouri Open Pit looking for underground potential • Deepest holes are only ~200m deep and demonstrate grades and widths supporting an underground • Current mining in the open pit show the WMC lode and
Slide 14: Callion – advanced underground target
Callion – advanced underground target For personal use only Callion Underground • Detailed structural mapping in recent weeks has fundamentally changed our geological model à “Boots-on-ground” approach paying dividends • Drilling to commence in H2 targeting down plunge extension as well as along str
Slide 15: Infrastructure Well Established
Infrastructure Well Established For personal use only Infrastructure replacement cost of ~$180M1 1.2Mtpa Davyhurst Processing Plant 1.2Mtpa processing plant (~$120M replacement) • 3 stage crushing circuit • Twin 1.3MW ball mills • Gravity + CIL circuit • Thickener & tailings facility • Onsite assay
Slide 16: Values – How We Operate
Values – How We Operate For personal use only We target Zero Harm • Safety imbedded in all that we do • Risks assessed and actively managed • Sustainable environmental performance We are a Team with a Winning Mindset • Plan to win - targets are known and achieved • Every Person important to Team suc
Slide 17: Corporate Overview
Corporate Overview For personal use only Capital Structure Board of Directors A$/shar Peter Mansell Share Price1 0.095 Non-executive Chairman (Corporate Lawyer) e Shares on issue2 M 1,425.8 Luke Creagh3 Managing Director (Mining Engineer) Options & performance rights on M 122.3 Non-executive Directo
Slide 18: The DRIVE to 100
For personal use only The DRIVE to 100 17 Feb 2023
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