• Closing cash of $122.7 million, a $38.5 million increase on the previous quarter
• Gold production (including attributable equivalent production) of 30,595oz, a 39% increase on the prior quarter
• AISC/oz reduced by 20% to A$2,872/oz sold

Ora Banda Mining Ltd (ASX: OBM) reported its activities for the September 2025 quarter, during which the Company achieved record production and cash flows. Gold production (including attributable equivalent production) totalled 30,595oz, a 39% increase on the prior quarter. This was driven by the ramp-up of the Company's second underground mine at Sand King, which achieved full payback of capital just 12 months after establishing the portal. The processing plant also saw a 15% increase in throughput compared to the previous quarter, despite weather events leading to road closures and power outages. The Company's cash position increased by $38.5 million over the quarter to $122.7 million, after incurring $49.5 million in capital, resource development and exploration expenditure, and $7.4 million in Put Option premium payments. AISC/oz for the quarter was A$2,872/oz sold, a 20% reduction on the previous quarter. Exploration success was also achieved at key prospects, including Round Dam, Waihi, and Little Gem, with significant high-grade intercepts reported.

The Company expects gold production (including attributable equivalent production) of 31,336oz for the September 2025 quarter.

Ora Banda's strategy of organically growing production and extending mine life is gaining momentum as the Company continues to achieve outstanding drill results on key prospects, which have significant drill programs currently underway.