Ora Banda Mining Ltd. · ASX:OBM
Ora Banda Mining — Euroz Hartleys Institutional Conference 2023
18 slides from Ora Banda Mining's conference presentation, Mar 9, 2023
Slide 1: The DRIVE to 100
The DRIVE to 100 EUROZ HARTLEYS INSTITUTIONAL CONFERENCE Rottnest Island Luke Creagh Managing Director 9 March 2023
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: Disclaimers
Disclaimers Information regarding Exploration Results for Riverina Underground is set out in the ASX announcement 'Riverina Resource & Reserve Update' dated 16 February 2023. The Company confirms that it is not aware of any new information or data that materially affects the information included in
Slide 4: Project Overview
Project Overview 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 These project hubs include: • ~1,200 square kilometre land holding over 130km length • >120km combin
Slide 5: 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 • Continuous improvement in operations to • Bring higher-margin mines online deliver performance a
Slide 6: Riverina – Implementing the Strategy
Riverina – Implementing the Strategy 3-Year Strategy to focus on high-grade underground targets delivers quick success • Riverina Underground Mineral Resource doubles to 303,000 ounces at 4.1g/t1 • New Resource is robust with minimum mining width of 1.6m applied • Resource remains open in all direct
Slide 7: The DRIVE to 100 – Production Target >100kozpa in FY25
The DRIVE to 100 – Production Target >100kozpa in FY25 Forecast Oz Produced FY23 to FY25 • The Company has potential to achieve a production profile above 100koz per annum 1 120 Year-on-year growth of ~34%, • This is a result of the strategy delivering the Riverina producing ~100koz in FY25, Undergr
Slide 8: Riverina Underground – Preparing for mining
Riverina Underground – Preparing for mining Underground Ready • Riverina pit mined down a further 15m to expose Main Portal and Ventilation Portal accesses • Underground mining tender process is well advanced and expected to be completed in March 2023 • A mining commencement notice was submitted to
Slide 9: Riverina Underground – Early days in a big system
Riverina Underground – Early days in a big system • Main Lode East Reserve outline compared to mineralisation envelope and Phase 2 drilling campaign • Phase 2 program is targeting extensions to the mineralisation envelope further south and at depth • In the past 37 years, only 17.8km of diamond dril
Slide 10: Riverina Underground – Murchison lode
Riverina Underground – Murchison lode • Murchison lode is parallel to the main lode and can be accessed off the same decline • Only 3% of the Reserve is from Murchison due to it having an inferred classification in the resource • Conversion from resources into reserves is a key component of the in-
Slide 11: Riverina – Ideal geometry for low capital and selective mining
Riverina – Ideal geometry for low capital and selective mining Benefits of central decline and parallel lodes • Identifying high-grade extensions of the Murchison Lodes Decline could have substantial benefit to the economics of the Riverina Underground Main Lodes • Single decline and infrastructure
Slide 12: Missouri Open Pit
Missouri Open Pit Missouri Pit (Siberia Trend) – current mining front Operational improvements took effect in the December quarter with key achievements including: • Mining productivity increased by 27% • Mined ounces increased by 33% • Processed tonnes increased by 11%, including record tonnes mill
Slide 13: Missouri - Next Target for Underground
Missouri - Next Target for Underground • Historically no drilling under the Missouri Open Pit looking for underground potential • Deepest holes are only ~200m deep and demonstrate grades and widths supporting an underground • Current mining in the open pit show the WMC lode and Monarch lodes are con
Slide 14: Callion – advanced underground target
Callion – advanced underground target Callion Underground • Detailed structural mapping in recent weeks has fundamentally changed our geological model “Boots-on-ground” approach paying dividends • Drilling to commence in H2 targeting down plunge extension as well as along strike & stacked repeats
Slide 15: Infrastructure Well Established
Infrastructure Well Established Infrastructure replacement cost of ~$180M1 1.2Mtpa Davyhurst Processing Plant 1.2Mtpa processing plant (~$120M replacement) • 3 stage crushing circuit • Twin 1.3MW ball mills • Gravity + CIL circuit • Thickener & tailings facility • Onsite assay lab 3 Stage Crushing C
Slide 16: Values | How We Operate
Values | How We Operate We target We are a We We Zero Harm Team with a Pursue Solutions Accept the Challenge Winning Mindset with Intent to Create Value • Safety imbedded in all • Plan to win - targets are • Communication positive • Develop our people to that we do known and achieved and respectful
Slide 17: Corporate Overview
Corporate Overview Capital Structure Board of Directors Share Price1 A$/share 0.11 Peter Mansell Non-executive Chairman (Corporate Lawyer) 2 Shares on issue M 1,425.8 Luke Creagh3 Managing Director (Mining Engineer) Options & performance rights on M 122.3 issue2 Non-executive Director (Chartered Mar
Slide 18: The DRIVE to 100
ORABANDA MINING The DRIVE to 100 9 March 2023
Ora Banda Mining — Euroz Hartleys Institutional Conference 2023 on 6ix