Slide 1: A Near Term A$ Gold Producer
For personal use only A NEAR TERM A$ GOLD PRODUCER 121 Online Investor Presentation 28 & 29 April 2020 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: Unlocking Value in a District Scale Project
UNLOCKING VALUE IN A DISTRICT SCALE PROJECT For personal use only • The Davyhurst Gold Project is a “District Scale” project – 1,336km2 of highly prospective greenstone belt covering 200 strike km • Significant infrastructure in place enables rapid and low cost path to production • Robust Resource i
Slide 5: Corporate Overview
CORPORATE OVERVIEW For personal use only Ora Banda Mining (ASX:OBM) Board of Directors Share Price (27 Apr 2020) A$/share 0.20 Peter Mansell • Corporate lawyer with over 40 years’ experience Shares on issue M 587.3 Non-executive Chairman • Currently Non-executive Chairman of Energy Resources of Aust
Slide 6: Advancing Towards A$ Gold Production
ADVANCING TOWARDS A$ GOLD PRODUCTION For personal use only Key Resource & Reserve Milestones Achieved Post Re-Listing Forward Work Program – The Path to Production CY2020 Resource Upgrade at Riverina • 13,942m RC & diamond drilling program completed at Riverina Feasibility Study • Targeting completi
Slide 7: Infrastructure in Place for Rapid Start-Up
INFRASTRUCTURE IN PLACE FOR RAPID START-UP • Significant infrastructure in place For personal use only Tailings Storage Facility Mains Power to Site facilitates near term production with low capex • Not shown here: – Admin buildings – Core Shed – Workshops – Airstrip – Bore fields – Pipelines Extens
Slide 8: 1.2 Mtpa Plant Gives Ora Banda a Big Edge
1.2 MTPA PLANT GIVES ORA BANDA A BIG EDGE • Near new 1.2Mtpa process plant 1.2Mtpa Davyhurst Processing Plant For personal use only • Cost to replace circa $100 million • Low plant recommissioning cost – $8.52 million EPCM estimate (GRES) • Recommissioning timeframe – 24 weeks • OBM currently workin
Slide 9: Mine Development Program
For personal use only MINE DEVELOPMENT PROGRAM 9 9
Slide 10: Five Key Deposits to Underpin Production
FIVE KEY DEPOSITS TO UNDERPIN PRODUCTION1 For personal use only 10 Refer to Appendix (Slide 24) - Mineral Resource and Mining Reserve Statement for further details
Slide 11: Five Key Deposits to Underpin Production
FIVE KEY DEPOSITS TO UNDERPIN PRODUCTION Deposit DFS Drilling Planned to 31 Mar 2020 DFS Drilling Complete at 31 Mar 2020 Mineral Resource1 Mining Reserve1 / Status For personal use only RC Diamond Total RC Diamond Total Riverina 10 500 2 400 12 900 12 946 996 13 942 3.8 Mt @ 2.3 g/t for 278 koz Fin
Slide 12: Riverina – A Priority Development Target
1 RIVERINA – A PRIORITY DEVELOPMENT TARGET Mine Development Open pit and high grade underground potential For personal use only • Resource 3.8 Mt @ 2.3 g/t for 278 koz1 - Open Pit 3.1 Mt @ 1.8 g/t for 183 koz - Underground 0.7 Mt @ 4.3 g/t for 95 koz • Planned drilling program complete (13,942 m) •
Slide 13: Waihi – A Priority Development Target
2 WAIHI – A PRIORITY DEVELOPMENT TARGET Mine Development Open pit and high-grade underground potential (3km from plant) 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 • Planned drilling program complete
Slide 14: Siberia – A Priority Development Target
3 SIBERIA – A PRIORITY DEVELOPMENT TARGET Mine Development Sand King & Missouri - open pit opportunities For personal use only • Resource 4.8 Mt @ 3.2 g/t for 498 koz1 • Reserve 2.8 Mt @ 2.3 g/t for 210 koz2 • Located only 37 km from Davyhurst Plant • Considerable scope to grow resource and reserve
Slide 15: Callion – A Priority Development Target
4 CALLION – A PRIORITY DEVELOPMENT TARGET Mine Development Open pit & high-grade underground opportunity For personal use only • Resource 2.5 Mt @ 2.6 g/t for 14 koz1 & 2 • Located only 14 km from Davyhurst Plant • Planned drilling program complete (10,566 m) • Surface expression traced in outcrop o
Slide 16: Golden Eagle – Advanced Development Opportunity
5 GOLDEN EAGLE – ADVANCED DEVELOPMENT OPPORTUNITY Mine Development Underground mine developed to 150m vertical depth (2 km from Davyhurst Plant). For personal use only • Resource 0.4 Mt @ 3.9 g/t for 49 koz1 • Substantial development complete • High grade underground mine • Deepest hole Central - 6.
Slide 17: Exploration Pipeline
For personal use only EXPLORATION PIPELINE 17 17
Slide 18: Highly Prospective Exploration Portfolio
HIGHLY PROSPECTIVE EXPLORATION PORTFOLIO 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
Slide 19: High Order Targets Not Followed Up!
HIGH ORDER TARGETS NOT FOLLOWED UP! Exploration Mulline Trend • Well defined but Lady Ida Trend • Well defined but For personal use only poorly tested poorly tested advanced prospect mineralised trend scale gold mineralisation • Some wide space drilling on 400m line • 10 km long coherent spacing 100
Slide 20: Strong News Flow & Multiple Value Catalysts
STRONG NEWS FLOW & MULTIPLE VALUE CATALYSTS Key Workstreams Q3 CY19 Q4 CY19 Q1 CY20 Q2 CY20 Q3 CY20 Q4 CY20 Q1 CY21 Q2 CY21 For personal use only Drilling Complete Riverina South 1. Riverina Updated Resource Estimate Complete Riverina South Update Resource Definition / Exploration Drilling Complete
Slide 21: 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. Well Capitalised with ~$23m cash and no debt 6. Targeting Near Term Production with a Low Cost Re-start 21
Slide 22: Appendix: Additional Slides
For personal use only APPENDIX: ADDITIONAL SLIDES 22 22
Slide 23: 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 24: Mineral Resource & Ore Reserve Statement
MINERAL RESOURCE & ORE RESERVE STATEMENT MEASURED INDICATED INFERRED TOTAL RESOURCE PROVEN PROBABLE TOTAL RESERVE MINERAL RESOURCES ORE RESERVE 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) ('000
Slide 25: David Quinlivan, Managing Director
For personal use only David Quinlivan Managing Director Email: David.Quinlivan@orabandamining.com.au Phone: 08 6365 4548 25