Ora Banda Mining Ltd. · ASX:OBM
Ora Banda Mining — 121 Mining Investment London 2024
19 slides from Ora Banda Mining's conference presentation, May 14, 2024
Slide 1: Company Update – 121 Mining Investment London
For personal use only Company Update 121 Mining Investment LONDON ORABANDAMINING.COM.AU 15-16 May 2024 ORABANDAMINING.COM.AU ASX OBM 1
Slide 2: Forward Looking Statements
Forward Looking Statements For personal use only IMPORTANT NOTICE AND DISCLAIMER This Presentation contains summary information about Ora Banda Mining Ltd (OBM, or the Company) and its activities which is current as at the date of this Presentation (15-16 May 2024). The information in this Presentat
Slide 3: Corporate Overview
Corporate Overview For personal use only BOARD OF DIRECTORS CAPITAL STRUCTURE Share Price1 A$/share 0.31 Peter Mansell Non-executive Chairman (Corporate Lawyer) Shares on issue1 Million 1,856.5 Luke Creagh Managing Director (Mining Engineer) Performance rights on issue1 Million 167.2 Alan Rule Non-e
Slide 4: Project Overview
Project Overview Over 110km strike and 1,070km2 tenements highly prospective for underground mining For personal use only OBM’s Davyhurst tenements are located ~100km north-west of Kalgoorlie and are centred on 6 key project hubs Combined project area includes: • ~1,070km2 land holding over 110km le
Slide 5: Investment Highlights
Investment Highlights For personal use only FY24 a transformational year: FY24 guidance of 67,000 – 73,000 Oz and AISC A$2,275 – A$2,475/oz; and targeting over 100,000oz in FY251 Underground ramp up on schedule: pivots operations from low grade open pit to high grade underground feed ORABANDAMINING.
Slide 6: Delivering on a transformational year
FY 24 | Delivering on a transformational year FY24 Guidance represents a 40% increase in produced ounces and 20% decrease For personal use only in AISC/oz over FY234 FY24 Guidance Units Range Gold Sold Oz 67,000 – 73,000 AISC $/oz sold $2,275 - $2,475 Ounces Produced & Head Grade2 • Exploration and
Slide 7: Major inflection point approaching
FY 24 | Major inflection point approaching For personal use only • Approaching a significant inflection point as the Company pivots from low grade open pit feed to high grade underground feed as the primary ore source • Riverina is OBM’s first underground mine and will reach commercial production in
Slide 8: Riverina Underground
Riverina Underground Ramp up on schedule For personal use only Mineral Resource of 303,000oz and maiden Ore Reserve of 73,000oz @ 4.3g/t1, mineralised system open in all directions and further reserve conversion targeted with underground diamond drilling infill2 Portal established in May 2023 with f
Slide 9: Riverina | On Track
Riverina | On Track • Development at Riverina Underground continues to For personal use only improve with 1,711 total development metres completed in the March quarter, representing an 88% increase from the prior quarter (910 metres)1 • Ramp up continues with stoping commencing from the 2295 (first)
Slide 10: Riverina | System open in all directions
Riverina | System open in all directions1 For personal use only ORABANDAMINING.COM.AU 10 1 For further drilling details see ASX Announcements dated 28 November 2023 and 4 April 2024
Slide 11: Sand King | Potential for 2nd Underground
Sand King | Potential for 2nd Underground1 Second underground mine is a key value driver à allows lower grade to For personal use only be displaced with higher grade underground ore – increasing ounce production from existing 1.2mtpa process plant Sand King is located 37km south east of Davyhurst Ou
Slide 12: Sand King | Deeper holes extend mineralisation
Sand King | Deeper holes extend mineralisation1 For personal use only c C’ ORABANDAMINING.COM.AU 12 1 As per ASX announcements on 2 November 2023 and 6 February 2024
Slide 13: Sand King | New lode system discovered
Sand King | New lode system discovered Sand King is a large mineralized gold system with the main 060 structure (BD Lode) continuing for over 800m of strike and has widths from 4m to over 8m’s & grades between 2.2g/t to over 10g/t à this 060 lode demonstrates excellent potential for bulk tonnes at m
Slide 14: Lithium Focused JV
Lithium Focused JV For personal use only Binding JV & farm-in agreement completed with Davyston Exploration Pty Ltd (“DEPL”) (a wholly-owned company in the Wesfarmers Chemicals, Energy & Fertilisers (“WesCEF”) division) (“DEPL Transaction”)1,2,3 • OBM sold 65% of its other mineral rights (excluding
Slide 15: Going Forward | Executing strategy, delivering value
Going Forward | Executing strategy, delivering value Creating unparalleled growth, sustainably – Building the next mid tier miner For personal use only • OBM’s change in strategy in FY23 to high grade underground is delivering significant value • FY24 guidance represents a 40% increase in produced o
Slide 16: Our Purpose, Vision
For personal use only Our Purpose Ore-some Rocks, Awesome People – Our why Exploring, Developing and Delivering Vision Creating unparalleled growth, sustainably – Our aspiration Building the next mid tier miner ORABANDAMINING.COM.AU Company Update May 2024 ABN 69 100 038 266
Slide 17: Values | How we operate
Values | How we operate Winning is all about the people For personal use only ORABANDAMINING.COM.AU 17
Slide 18: Sustainability | Integrated into the business
Sustainability | Integrated into the business Integrating sustainability and continuous improvement into our strategy For personal use only • Lost time injury free for FY23 and YTD in FY24 • TRIFR of 9.77 • Regional Heritage Protection Agreement signed with Marlinyu Ghoorlie • Materiality assessment
Slide 19: Competent Persons
Competent Persons For personal use only The information in this Presentation that relates to Mineral Resources and Ore Reserves are set out in the Company’s ASX announcement, ‘Mineral Resource and Ore Reserve Statement’ dated 26 October 2023. The Company confirms that it is not aware of any new info