Ora Banda Mining Ltd. · ASX:OBM
Ora Banda Mining — Investor Presentation (August 2022)
23 slides from Ora Banda Mining's investor presentation, Aug 1, 2022
Slide 1: OBM Strategy & Values Presentation
OBM Strategy & Values Presentation August 2022
Slide 2: Forward Looking Statements
Forward Looking Statements 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 to be complete nor doe
Slide 3: Corporate Overview
Corporate Overview Capital Structure Management Share Price1 A$/share 0.055 Luke Creagh3 Chief Executive Officer (Mining Engineer) 2 Shares on issue M 1,374 Options & performance rights on issue2 M 54.2 Tony Brazier Chief Financial Officer (Chartered Accountant) Market Capitalisation1 A$M 75.6 Andre
Slide 4: Project Overview
Project Overview The 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 In total these projects hubs include: • ~1,200 square kilometre land holding over 130km • >120km
Slide 5: Values – How We Operate
Values – How We Operate New Values 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 success • Ever
Slide 6: Value Creation – OBM’s Three Year Strategy
Value Creation – OBM’s Three Year Strategy 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 mines online performance a
Slide 7: Infrastructure Well Established
Infrastructure Well Established Focus on the fundamentals Infrastructure replacement cost of ~$180M* 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
Slide 8: Geology First – Our New Approach
Geology First – Our New Approach Focus on the fundamentals Geology First Lessons from the past • Tenement package was consolidated between 2006 to 2008; OBM considers the true value of this consolidation is yet to be realised • Since the 1980s the focus has been on open pit production, with limited
Slide 9: Geology First – Resource & Reserves
Geology First – Resource & Reserves Focus on the fundamentals Resource & Reserves • Resource base of 2.0Moz at 2.5g/t (using $2,400/oz gold price)* • All deposits remain open along strike and at depth • Gold price used for Reserve calculations reduced from A$2,200/oz to A$1,850/oz – adds value to Re
Slide 10: FY23 Guidance & Actions to Improve
FY23 Guidance & Actions to Improve Focus on the fundamentals FY23 Guidance Overview Opportunities currently underway to improve on FY23 guidance • Production of 56-61koz Mining • AISC of A$2,175/oz - A$2,275/oz • Increase digger productivity rates → increases production profile, reduces unit cost, b
Slide 11: Siberia – Current Mining Front
Siberia – Current Mining Front Focus on the fundamentals Opportunity to extend current mine plan • Currently mining Missouri open pit and plan to commence Sand King open pit in H2 • Revised Resource of ~430koz & Reserve of ~100koz* • Area is poorly explored, along strike and at depth • Mineralised t
Slide 12: Riverina Underground
Riverina Underground Leverage organic opportunities Near term opportunity for higher-grade underground • Current total resource of ~300koz at 2.6g/t; this includes ~150koz at 6.6g/t from underground* • Drill rig currently onsite for infill and extensional drilling of the higher grade underground res
Slide 13: Callion Underground
Callion Underground Leverage organic opportunities Game-changing potential • Detailed structural mapping in recent weeks has fundamentally changed our geological model → “Boots-on- ground” approach paying immediate dividends • Drilling to commence in the December quarter targeting down plunge extens
Slide 14: Exploration Opportunities
Exploration Opportunities Performance drives growth Exploration potential is outstanding • The tenement package is highly prospective; the central Davyhurst area covers the convergence of two regional significant deep-seated structures, the Zuleika Shear and Mt Ida Fault • Very little exploration sp
Slide 15: Exploration – Siberia Trend
Exploration – Siberia Trend Performance drives growth Siberia Complex Well established resource base: • 4.0Mt @ 2.7g/t Au for 429koz* • Sand King, Missouri, Palmerston-Camperdown and Black Rabbit Advanced Targets Palmerston-Camperdown Trend: • Sand King North • Pearling Grounds / Ultramafic Contact
Slide 16: Exploration – Riverina Trend
Exploration – Riverina Trend Performance drives growth • Excellent results over an extensive area from broad first pass AC drilling along the Sunraysia- Riverina trend • High-grade Riverina style target • Phase 1 – Exploration drilling planned FY23 Refer ASX announcement dated 30 July 2021, 22 Febru
Slide 17: Exploration – Greater Callion Area
Exploration – Greater Callion Area Performance drives growth Greater Callion Area • Established high grade resource base • 0.7Mt @ 4.9g/t Au for 107koz* • Callion Open Pit and Underground • Past Production • Open pit - 263Kt @ 7.1g/t for 60koz** • Underground - 161Kt @ 15g/t for 78koz** Advanced Tar
Slide 18: Exploration – Mulline Trend
Exploration – Mulline Trend Performance drives growth • Over 10km strike length of old mine workings and significant high-grade intersections in historical drilling • Genuine camp-scale potential with high frequency of economic intersections across multiple mineralised trends • Many high-grade drill
Slide 19: Exploration – Davyhurst Area
Exploration – Davyhurst Area Performance drives growth Waihi Area • Highly prospective area surrounding the Waihi pit with multiple targets identified • Peripheral to high-grade lodes mined historically such as the Golden Pole (77koz @ 29.7g/t)* • High-grade lodes intersected in previous drilling bu
Slide 20: Exploration – Prospective Organic Pipeline
Exploration – Prospective Organic Pipeline Performance drives growth Project Areas Exploration & Targeting Resources & Evaluation Resource Extension Reserves & Production MULLINE Young Australian Peach Tree Victoria Workings RIVERINA Foxtrot Sunraysia Trend Renmark RIVERINA RIVERINA Greater Pacific
Slide 21: Performance Will Deliver Substantial Value
Performance Will Deliver Substantial Value OBM is no longer operating under a “Reset Plan”; we are now guided by our Three-Year Strategy & new Values OBM’s underlying value has been overshadowed by operational underperformance; actions in place to rectify Solid balance sheet with ~$28M cash on hand,
Slide 22: OBM Strategy & Values Presentation
OBM Strategy & Values Presentation Luke Creagh Chief Executive Officer admin@orabandamining.com.au August 2022
Slide 23: Appendix 1
Appendix 1 Mineral Resource Table Ore Reserves Table MEASURED INDICATED INFERRED TOTAL MATERIAL PROVED PROBABLE TOTAL MATERIAL PROJECT Cut Off PROJECT AREA DEPOSIT ('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
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