1、ANNUAL REPORT2024 OUR WHYOre-some Rocks,Awesome People Exploring,Developing and DeliveringCreating unparalleled growth,sustainably Building the next mid tier minerOUR ASPIRATIONHOW WE OPERATEOUR VALUESZERO HARMTEAM WITH A WINNING MINDSETPURSUE SOLUTIONS WITH INTENTACCEPT THE CHALLENGE TO CREATE VALU
2、E3ORA BANDA MINING LIMITED ANNUAL REPORT 2024 Davyhurst Project Belt scale project,covering 140 strike kms and 1,160 km of highly prospective greenstone belt on the doorstep of KalgoorlieTalented Board&Management Team Results driven and focused on delivering Highly motivated and engaged employees,ra
3、ting Ora Banda 4 out of 5 stars for employee experience over a 12 month onboarding program 85%of employees would recommend Ora Banda as a great place to work Retention at record highsTier 1 jurisdiction 3.45Moz gold endowment (Historical Production of 1.5Moz 3.12g/t+Mineral Resources of 1.95Moz 2.6g
4、/t)DRIVE to 150 aim to grow Ora Bandas production profile to 140 160koz per annum by FY26Shift to underground mining strategy implemented in FY25,resulting in projected production growthExploration Strategy$25 million exploration expenditure in FY25 3 x underground diamond drill rigs,3 x surface dri
5、ll rigs driving resource growth via the drill bit Strong multi commodity pipeline with numerous organic growth opportunities Exploration expenditure to ramp up in FY26Well funded with exploration and growth capital spend provided by Ora Bandas Riverina Underground mine and existing cash at bankExten
6、sive infrastructure including 1.2 Mtpa processing plant,two accommodation villages,gas generated+mains power,expansive road network and airstripsOUR ADVANTAGEVALUE CREATIONOUR THREE YEAR STRATEGYSHORT TERM Focus on the fundamentalsMEDIUM TERM Leverage organic opportunitiesLONG TERM Performance drive