Ora Banda Mining (AU:OBM) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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.
For further insights into AU:OBM stock, check out TipRanks’ Stock Analysis page.