tiprankstipranks

Ora Banda Mining Unveils Promising Gold Discoveries at Little Gem

Story Highlights
Ora Banda Mining Unveils Promising Gold Discoveries at Little Gem

Ora Banda Mining ( (AU:OBM) ) just unveiled an announcement.

Ora Banda Mining Limited has announced significant exploration results at its Little Gem site, confirming a greenfields discovery with high-grade gold mineralization. The company has intersected wide, high-grade lodes at depths of 400 meters, with assays revealing promising gold concentrations. This discovery has prompted Ora Banda to commit to a 16-hole follow-up drilling program to further explore the potential of the carbonate horizons over a 4.7 km strike. The results are expected to enhance Ora Banda’s position in the gold mining sector and provide valuable insights for stakeholders.

More about Ora Banda Mining

Ora Banda Mining Limited is a company in the mining industry, primarily focused on gold exploration and production. The company is engaged in exploring high-grade gold deposits, with a significant market focus on the Riverina Gold Camp in Western Australia.

YTD Price Performance: 43.08%

Average Trading Volume: 4,839,757

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$1.75B

Find detailed analytics on OBM stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App