• Targeted infill and extensional drilling on Waihi's Golden Pole Lode 1 has confirmed its mining potential with thick, high-grade results
• A parallel high grade shoot has now been defined below and to the south of the Golden Pole workings, which is open to the south and down plunge
• These drill results will feed into updated underground Mineral Resource and Ore Reserve Estimates, both scheduled for release early in the June 2026 Quarter

Ora Banda Mining Ltd (ASX: OBM) is pleased to provide an update on continued drilling success at its Waihi Project which has expanded the high-grade mineralisation area on the Golden Pole lode. Following the drilling success at Golden Pole, a 22 hole drill program commenced in January 2026 to infill and extend mineralisation beneath the historical Golden Pole workings and confirm mineralisation around the new lode east of Golden Pole. The program was highly successful returning several results greater than 100 gram metres, including 3.0m @ 44.0 g/t, 11.3m @ 10.5 g/t, 7.0m @ 16.9 g/t and 5.0m @ 23.1 g/t. A parallel high grade shoot has now been defined below and to the south of the Golden Pole workings, which is open to the south and down plunge. The NW strike of these three lodes is similar to the high grade Lady Georgina shoot mined in the Waihi south pit and differs from the bulk of Waihi Mineralisation which is more N-S striking. Structures in the NW orientation appear to have better widths and grades than the N-S structures. These drill results will feed into updated underground Mineral Resource and Ore Reserve Estimates, both scheduled for release early in the June 2026 Quarter. Historically, the Golden Pole mine produced 81,000 tonnes @ 29.6g/t Au for ~77,000 ounces between 1900 and 1939, extracted via underground mining methods.

Potential extensions to the Golden Pole mineralised system were poorly drill tested by previous operators, providing a significant follow-up opportunity for Ora Banda.