Ora Banda Confirms Significant Gold Discovery at Little Gem
Carol Forrest
Ora Banda Mining Limited (ASX: OBM) has delivered outstanding exploration results from follow-up drilling at the Little Gem Prospect, part of the Riverina Gold Camp in Western Australia. The latest drill holes confirm multiple high-grade gold lodes, supporting the potential for a large-scale greenfields discovery.
Key Highlights:
✅ Exceptional High-Grade Gold Intersections
- 22.7m @ 5.0 g/t Au from 400m depth, including:
- 14.5m @ 6.8 g/t Au
- 6.2m @ 10.8 g/t Au
- 10.9m @ 6.4 g/t Au, including:
- 3.6m @ 16.9 g/t Au
- 0.95m @ 55.9 g/t Au
✅ Mineralisation Extends Over 1.6km Strike
- Confirmed carbonate-hosted gold system down to 400m depth.
- Strong correlation to the Sunraysia Deposit, 4km south of Little Gem.
✅ Next Steps: Major Follow-Up Drilling Program
- 16-hole diamond drill program committed, testing a 4.7km strike from Little Gem to Sunraysia.
- 7,300m drilling campaign over 10 weeks, with results expected in Q2 2025.
Ora Banda’s Managing Director, Luke Creagh, commented:
"These latest results confirm Little Gem as a significant high-grade gold discovery. The continuity of the carbonate-hosted mineralisation over a 4.7km strike represents a major new growth opportunity for Ora Banda."
With ongoing exploration success and a fast-tracked drilling campaign, Ora Banda is well-positioned to unlock the full potential of the Riverina Gold Camp.