- Ora Banda (OBM) has completed its phase two drilling program at Riverina South, within the Davyhurst Project in WA’s eastern goldfields
- The infill reverse circulation drilled in the phase one program, targeted a one-kilometre long extension from the main Riverina deposit
- Then the latest program covered 7338 metres in 68 holes and targeted two areas at Riverina South and around the British Lion prospect
- Results also confirmed the continuity of the mineralised corridor which remains open at depth and along strike to the south
- Resource estimation modelling is underway and Ora Banda expects this to delivered in September
- Shares closed 2.5 per cent lower at 38.5 cents