Ora Banda Mining (AU:OBM) has released an update.
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Ora Banda Mining has announced a significant milestone in its Sand King Underground mine, part of the Davyhurst Gold Project, with the first ore intersected just four months after portal establishment. The mine’s development is progressing as planned, with promising initial grade control drilling results indicating multiple high-grade lodes. This progress supports the company’s annual production target of 140,000oz to 160,000oz by FY26, highlighting potential for strong financial performance in the coming years.
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