Ora Banda Mining Ltd. · ASX:OBM
Ora Banda Mining — Investor Presentation (August 2019)
34 slides from Ora Banda Mining's investor presentation, Aug 12, 2019
Slide 1: A Bright New Dawn
For personal use only A BRIGHT NEW DAWN Presentation August 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 of the Company. None of the Company, nor any of its related bodies corporate, their respect
Slide 3: 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 4: Corporate Overview
CORPORATE OVERVIEW Board of Directors For personal use only Ora Banda Mining (ASX:OBM) Share Price (9 August 2019) A$/sh 0.235 • 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 5: Excellent Foundation for Production
For personal use only EXCELLENT FOUNDATION FOR PRODUCTION 5 5
Slide 6: Only $8.5M of Plant Capex Required
ONLY $8.5M OF PLANT CAPEX REQUIRED • Significant 1.2Mtpa Davyhurst 1.2Mtpa Davyhurst Processing Plant For personal use only Processing Plant in place • GRES has estimated the capital cost to complete remedial works and recommission this processing plant on an EPCM basis to be $8.5m • Represents a 43
Slide 7: Existing Infrastructure in Place
EXISTING INFRASTRUCTURE IN PLACE • 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 field Extens
Slide 8: Large & Prospective Tenure
LARGE & PROSPECTIVE TENURE • Large scale project, covering 200 strike kilometres of highly For personal use only prospective 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 •
Slide 9: High Grade Reserve & Resource
HIGH GRADE RESERVE & RESOURCE For personal use only MINERAL RESOURCE TABLE* • 23 individual deposits in Resources, and 23 & only two of these deposits in Reserve PROJECT MEASURED INDICATED INFERRED TOTAL MATERIAL Two (‘000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000oz.) • Pot
Slide 10: Mine Development Program
For personal use only MINE DEVELOPMENT PROGRAM 10 10
Slide 11: Key Deposit Summary
KEY DEPOSIT SUMMARY Deposit Target Distance to Plant Current JORC Resource* For personal use only Riverina OP 48km 2.6Mt @ 2.5g/t for 205koz Waihi OP & UG 3km 914Kt @ 2.4g/t for 71koz Callion OP & UG 14km 169Kt @ 2.6g/t for 14koz Siberia OP 37km 4.8Mt @ 3.2g/t for 498koz Golden Eagle UG 2km 656Kt @
Slide 12: Riverina
1 RIVERINA Mine Development Overview For personal use only Priority development target with significant open pit and underground potential. Near term low strip open pit production opportunity, and only 48km by road from Davyhurst plant Riverina deposits host three significant lodes Potential Resourc
Slide 13: Riverina (Main Lode)
1 RIVERINA (MAIN LODE) Mine Development For personal use only REG MUR GIE MAIN CHIS ’S ON DELO • Resource Definition Drilling well under way aimed at delivering Open Pit Mine Reserves • Primary focus is on resource upgrades & expanding open pit reserve 13 * Refer ASX announcements dated 17 April 201
Slide 14: Riverina Murchison Lode
1 RIVERINA MURCHISON LODE Mine Development For personal use only • Development focus on northern end of Murchison Lode for possible pit extensions 14 * Refer ASX announcements dated 17 April 2018 and 29 July 2019. For further drilling details refer the ‘Project Overview’ page of the OBM website (www
Slide 15: Riverina Reggie Lode
1 RIVERINA REGGIE LODE Mine Development For personal use only • Reggie Lode displaying shallow near surface oxide mineralisation 15 * Refer ASX announcements dated 17 April 2018 and 29 July 2019. For further drilling details refer the ‘Project Overview’ page of the OBM website (www.orabandamining.co
Slide 16: Waihi
2 WAIHI Mine Development Overview Priority exploration target with both open pit and high grade For personal use only 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 (Main Lode)
2 WAIHI (MAIN LODE) Mine Development For personal use only 17 * Refer ASX announcements dated 17 April 2018 and 29 July 2019. For further drilling details refer the ‘Project Overview’ page of the OBM website (www.orabandamining.com.au)
Slide 18: Waihi (Homeward Bound & Golden Pole)
2 WAIHI (HOMEWARD BOUND & GOLDEN POLE) Mine Development For personal use only • Golden Pole produced 81kt @29.6g/t for 77koz** (between 1900 and 1939) • Golden Pole historically mined to a depth of 190m below surface (275mRL) • Latest drill result on Homeward Bound, 23m at 9.1g/t yet to be followed
Slide 19: Waihi - Homeward Bound Cross Section
2 WAIHI - HOMEWARD BOUND CROSS SECTION Mine Development For personal use only • Hole WHDD003 drilled in 2018 returned 23m @ 9.1g/t • The intersection is open down plunge and along strike to the north • Follow up drilling planned • Hole WHDD021 pre-collar now drilled, diamond tail to follow 19 * Refe
Slide 20: 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 • Resource of 4.8Mt @ 3.2g/t for 498koz* Resources E
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 • One main lode at Callion Resources Existing • Existing Resource of 169
Slide 22: Golden Eagle
5 GOLDEN EAGLE Mine Development Overview Advanced development opportunity ~2 km from Davyhurst Plant. only Underground mine developed to 150m vertical depth. Significant potential for extensions to the Resource at depth use Resources • The North & Central Shoot have an Existing existing Resource of
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 Prospects to Be Tested
HIGH ORDER PROSPECTS TO BE TESTED 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 • Signific
Slide 27: Limited Follow-Up to Prior Results
LIMITED FOLLOW-UP TO PRIOR RESULTS 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 ho
Slide 28: Investment Highlights
For personal use only INVESTMENT HIGHLIGHTS 28 28
Slide 29: Strong Newsflow & Multiple Catalysts
STRONG NEWSFLOW & MULTIPLE CATALYSTS Key Workstreams Q3 CY19 Q4 CY19 Q1 CY20 Q2 CY20 Q3 CY20 Q4 CY20 Q1 CY21 For personal use only Drilling 1. Riverina Estimation/ Approvals ü Exploration newsflow to Drilling culminate in multiple 2. Waihi Resources & Reserves Estimation / Approvals ü being updated
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 PROVEN PROBABLE TOTAL MATERIAL MINERAL RESOURCES ORE RESERVES For personal use only ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000oz.) ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000oz.) G
Slide 34: For personal use only
For personal use only David Quinlivan Managing Director Email: david.quinlivan@orabandamining.com.au Phone: +61 8 6365 4548 34
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