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

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