Ora Banda Mining Ltd (ASX:OBM) has confirmed high-grade gold results from its Sand King resource validation reverse circulation (RC) and diamond core (DD) drilling program.
Sand King is part of Ora’s Siberia deposit, which is one of the five deposits in the company’s district-scale Davyhurst Gold Project in Western Australia which includes the 1.2 million tonnes per annum Davyhurst Process Plant.
Five key deposits to underpin production
The latest drilling has confirmed previously modelled lode positions, ore geometry and grade inputs with significant highlights including:
- 5.0 metres at 13.7 g/t from 79.0 metres (including 4.0 metres at 16.9 g/t);
- 4.5 metres at 10.4 g/t from 73.0 metres;
- 6.6 metres at 6.1 g/t from 5.2 metres (including 4.8 metres at 8.1 g/t);
- 9.0 metres at 4.2 g/t from 41.0 metres; and
- 5.0 metres at 5.7 g/t from 37.1 metres (including 4.0 metres at 6.9 g/t).
Sand King drill location plan
Ora managing director David Quinlivan said: “It is pleasing to see that the survey and assay results returned from this drill program at Sand King were largely consistent with the pre-drilling expectations of our technical team in terms of both grade and geometry.
“This outcome has strengthened our confidence in the viability of Sand King as a future open pit gold mine.”
Cross-section of recent drilling
The Sand King resource model has been upgraded to include results from this drill program and this upgraded resource model will in turn be used to update the Sand King optimum open pit mine design and mining reserve.
All assay results from the Davyhurst Gold Project resource definition drilling program have now been received and delivery of the definitive feasibility study into the restart of mining and processing operations at Davyhurst remains on schedule.