Ora Banda Mining Ltd. · ASX:OBM
Ora Banda Mining — Diggers and Dealers 2026
35 slides from Ora Banda Mining's conference presentation, August 2026
Slide 1: DRIVE to 300
DRIVE to 300 Organically building Australia’s next 300 koz gold producer Luke Creagh | Managing Director | August 2026 ASX: OBM
Slide 2: Forward Looking Statements
Forward Looking Statements IMPORTANT NOTICE AND DISCLAIMER This Presentation contains summary information about Ora Banda Mining Ltd ABN 69 100 038 266 (Ora Banda Mining or the Company ) and its activities based on information available at the time of preparing the Presentation. The information cont
Slide 3: We are Ora Banda Mining
We are Ora Banda Mining Sustainably growing gold production, long-term value generation RIVERINA MENZIES Davyhurst Gold Project (100% Ora Banda Mining) MULLINE TREND LITTLE GEM TREND Large land holding with 68 granted tenements over 1,138km² Belt-scale exploration potential with more than 130km of h
Slide 4: Corporate overview
Corporate overview ASX: OBM Capital structure Board of Directors Share Price* A$/share 1.14 Shares on issue* million 1,928 Peter Luke Creagh John Richards Mansell Managing Director Non-executive Performance rights on issue* million 113 Non-executive (Mining Engineer) Director Chairman (Finance/Econo
Slide 5: Outstanding FY26 sets strong foundation
Outstanding FY26 sets strong foundation Delivered exceptional financial, operational and exploration success +75%1 +159%1 YTD RESOURCE GROWTH YTD RESERVE GROWTH Inc. Maiden Mineral Released maiden Ore Resource for Round Dam Reserve for Waihi UG, Round Dam OP ~A$468 million2 141 koz2 AVAILABLE LIQUID
Slide 6: OBM's DRIVE to 300
OBM’s DRIVE to 300 Underpinned by key Ora Banda growth projects ‘DRIVE to 300’ is an aspirational target for OBM. Statements and projections in this announcement are aspirational goals and not production targets or forecasts. The Company does not yet have reasonable grounds to believe the "DRIVE to
Slide 7: DRIVE to 300 – Development underway
DRIVE to 3001 – Development underway Internally funded organic growth pathway; capital to support scale, margin growth FY27 Guidance 125 – 140 koz Au @ AISC A$3,400/oz - A$3,600/oz 2 Capital outlook 2 - Updated FY27 Capital Guidance 350 FY27 total capital guidance: A$425 million 300 Focus Area Growt
Slide 8: A$468 million in liquidity, funded for growth
A$4681 million in liquidity, funded for growth Growth to be funded through combination of existing and future cash flows, upsized corporate revolver Balance sheet; right -sized for growth Substantial liquidity position (A$M) A$267.7 million in cash2 ~A$183.5 million in cash added over FY26, after 50
Slide 9: Critical enabling infrastructure upgrades
Critical enabling infrastructure upgrades Comprehensive infrastructure upgrade package to deliver sustained operations at scale Underpins scale uplift, reduced operating costs Fit for purpose infrastructure upgrades ~A$180 million1 capital allocated over three years to set Davyhurst up for sustained
Slide 10: Resource and Reserve growth – Key value driver
Resource and Reserve growth – Key value driver Long term exploration strategy in place, targeted to deliver growth Demonstrated exploration success Step -change organic growth 400 102% Growth in Mineral Resources since FY23 to 3.69 Moz1 ~A$75 M A$75 M 189k metres drilled, delivered 2 UG 300 mines, a
Slide 11: Second Mill for Davyhurst
Second Mill for Davyhurst Construction commenced for the new standalone 3.0 Mtpa capacity processing plant
Slide 12: Target 4.2 Mtpa nameplate capacity across two mills
Target 4.2 Mtpa nameplate capacity across two mills1 Combined target nameplate capacity expected to be reached by FY29 Outstanding operational flexibility Proposed plant location next to existing infrastructure Projected ~250% increase in nameplate capacity by FY29 (at 100% nameplate capacity of bot
Slide 13: Sand King and Riverina
Sand King and Riverina Dependable production, outstanding opportunities for extension
Slide 14: Sand King
Sand King Consistent production, opportunities for growth Ramp up continues to gain pace, commercial production declared Production rates continue to ramp up, with a 37% increase in total ozs (inc. LG) in the June quarter (vs March Qtr 2026)1 Current production sourced from both declines - a key dri
Slide 15: Sand King
Sand King Recent drilling confirms high-grade extensions in the Northern Corridor1 Drilling set to unlock near -mine opportunities Successful recent drilling in the northern corridor has identified significant additional mineralisation, including 16.6m @ 8.3 g/t, 6.0m @ 16.9 g/t and 12.0m @ 6.4 g/t.
Slide 16: Riverina
Riverina Resource extension and infill drilling continues to define a robust and continuous system1 Riverina down -dip extensions confirmed beyond 1000m below surface Surface and underground resource definition and extension drilling continues - over 25km YTD FY26 The mineralised system remains open
Slide 17: Waihi Underground + Round Dam Open Pit
Waihi Underground + Round Dam Open Pit Development approved for Waihi Underground, Round Dam pending FID
Slide 18: Waihi UG – Another OBM success story
Waihi UG – Another OBM success story High grade Golden Pole lodes set to be developed within FY27 Waihi UG development approved 1 Waihi UG – Concept mine design Fast tracked development into Golden Pole delivers important high- grade ore during mill constrained FY27/FY28 N Development case based on
Slide 19: Waihi UG – Untested opportunity
Waihi UG – Untested opportunity Underground drilling set to continue through FY27 Waihi / Golden Pole underground 1 1 Refer ASX Ann. ‘High Grade Results at Golden Pole’ dated 15 Jan 2026 19
Slide 20: Round Dam open pit – PFS
Round Dam open pit – PFS 1 Significant baseload open pit opportunity ~15km south of Davyhurst Mill PFS delivered, FID expected 2H FY27 Stacked lodes, excellent strike continuity PFS highlights a robust open pit operation, initially centered around Walhalla, Federal Flag, Federal Flag North PFS demon
Slide 21: Round Dam open pit
Round Dam open pit Outstanding scale, outstanding system Initial open pit operations focussed on the 3.5km Walhalla -Federal Flag North zone 21
Slide 22: Round Dam Trend
Round Dam Trend1 Just the beginning for development of the Round Dam Trend Limited drilling below 100 metres, extensive geological potential N S 7 KM Walhalla North Walhalla Mt Banjo Macedon Salmon Gums Federal Flag North Federal Flag 400mRl 400mRl RDRC25069 300mRl RDRC25064 11m@3.2g/t Au SGRC004 30
Slide 23: New mines continue to de-risk Davyhurst
New mines continue to de-risk Davyhurst1 Targeting baseload feed through a mixture of open pit, underground operations Optionality through multiple mines Indicative ore contribution – By Source Operating plan de-risked through mixture of baseline feed (i.e. Open pits, Sand King) and higher-grade fee
Slide 24: Leveraging our organic growth opportunities
Leveraging our organic growth opportunities Targeting exponential geological growth
Slide 25: Little Gem - Unlocking a large system
Little Gem - Unlocking a large system Outstanding drill results continue to expand Little Gem mineralisation1 System continues to grow at scale Recent drilling has expanded Little Gem’s mineralised envelope to more than 2.6 kilometers of strike and 750 metres vertically below surface Opportunity: Li
Slide 26: Little Gem: Multi-lode system delivering scale
Little Gem: Multi-lode system delivering scale Outstanding drill results continue to expand Little Gem mineralisation1 Multi - lode system emerging Little Gem indicative cross section Geological interpretation of the Little Gem Prospect continues to evolve and expand with additional drilling Mineral
Slide 27: Riverina to Sunraysia Trend
Riverina to Sunraysia Trend1 +7.5km of prospective strike from Riverina to Sunraysia Riverina -Gem; big system, getting bigger! Highly prospective corridor, with near term focus on “Little Gem” Potential scale of the project yet to be fully understood +360 drill holes completed across the Little Gem
Slide 28: Mulline
Mulline Underexplored significant geological trend, ~8km west of the Riverina Trend Over 10km trend with old open pit mines, numerous surface anomalies & high grades Prior exploration work based on limited air core, reverse circulation and diamond drilling1 Less than 5% of drill holes are below 100
Slide 29: Sustainability at Ora Banda
Sustainability at Ora Banda Sets the foundation on which our future production growth will be built 12-MONTH TRIFR ENVIRONMENTAL 7.65: A 30% reduction vs FY25 whilst increasing operational activity1 MANAGEMENT SYSTEM Including progressive 12-MONTH LTIFR rehabilitation, embedded into 0.52 operations
Slide 30: Targeted Timeline
Targeted Timeline Growth accelerated: No shortage of near-term catalysts Ora Banda 3 -year aspirational outlook FY26 FY27 FY28 FY29 2H FY26 1H FY27 2H FY27 1H FY28 2H FY28 1H FY29 2H FY29 Existing Davyhurst 1.2 Mtpa Mill Commissioning March Qtr 2028, nameplate capacity New 3.0Mtpa Mill (construction
Slide 31: Appendix
ORABANDA Appendix
Slide 32: Mineral Resource Statement
Mineral Resource Statement 32
Slide 33: Ore Reserve Statement
Ore Reserve Statement 5) MINING Notes: PROVED PROBABLE TOTAL 4 The combined total is rounded to reflect accuracy and may not total exactly. PROJECT 2. This Ore Reserve Estimate is current as at 1 April 2026. 3. his Ore Reserve was estimated from economic practical mining envelopes following the appl
Slide 34: ASX Listing Rule 5.23 Statements
ASX Listing Rule 5.23 Statements Ore Reserves Riverina, ’Outstanding Drill Results at Little Gem and Riverina’ dated 23 October 2025, ‘Strong New Drill Results at Riverina, Waihi & Little Gem’ dated 10 June 2025, ‘Exploration Results at Little Gem’ dated 19 March 2025, ‘Outstanding The information i
Slide 35: Contact Us
Contact Us Luke Creagh Kurt Walker ASX:OBM Managing Director Investor Relations ORABANDAMINING.COM.AU admin@obmltd.com.au admin@obmltd.com.au +61 8 6365 4548 +61 8 6365 4548