Australia

Ora Banda Mining directors continue on-market buying in support of gold strategy

Ora Banda Mining Ltd (ASX:OBM) directors continue to show their faith in the companys strategy to become a near term gold producer by purchasing shares on-market.

Adding to their holdings in the most recent purchases have been non-executive chairman Peter Mansell and non-executive directors Keith Jones and Mark Wheatley.

Mansell purchased about 1.17 million shares while Jones bought 500,000 shares and Wheatley bought 185,768 shares.

Davyhurst Gold Project[hhmc]

Ora owns the Davyhurst Gold Project in the Eastern Goldfields of Western Australia which hosts multiple gold deposits containing a total resource of 1.8 million ounces at 2.6 g/t.

Five key deposits to underpin production

The companys immediate focus includes the advanced Riverina, Waihi, Siberia, Callion and Golden Eagle deposits.

Gold resources/reserves

Oras ownership of an existingRead More – Source

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