• Successful follow up drilling in the northern corridor has identified significant additional mineralisation
• Underground resource extension holes continue to intersect substantial mineralisation north of the LOM plan
• Drilling demonstrates the potential for a material increase in mining inventory

Ora Banda Mining Ltd (ASX: OBM) is pleased to report further drill results from the northern corridor, between Sand King and the historically mined Palmerston shallow open pit, reinforcing the scale and growth potential of this emerging mineralised system. Drilling across the northern corridor is progressing from both surface and underground, testing the large potential of the northern corridor with 43 surface RC and diamond holes having been completed to date, all of which are outside of the current life of mine (LOM) plan. Assays have been returned from 16 of the 43 surface holes, with significant intercepts including 16.6m @ 8.3 g/t, 6.0m @ 16.9 g/t and 12m @ 6.4 g/t. In parallel, 57 resource extension holes have been drilled from underground into the northern corridor, with assays from 15 holes received, including 6.7m @ 39.3 g/t, 7.0m @ 10.7 g/t and 10.5m @ 6.2 g/t. Seven surface drill holes in the southern corridor have also confirmed and extended mineralisation. The drilling at Sand King continues to validate the view that the company is only in the early stages of unlocking what is potentially a large mineralised system, with the widths and tenor of these near mine step-out holes indicating the potential to deliver increased production and mine life.

The drilling at Sand King continues to validate the view that the company is only in the early stages of unlocking what is potentially a large mineralised system. As part of the $73 million exploration budget in FY26, the company will continue to drill Sand King and look forward to delivering further exploration success.