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PEAK ASSET: MORNING WRAP 12 JULY: ASX to rise | Dow leads Wall Street higher, oil rebounds | Norwest increases Arunta West rare

PEAK ASSET: MORNING WRAP 12 JULY: ASX to rise | Dow leads Wall Street higher, oil rebounds | Norwest increases Arunta West rare
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Ora Banda Mining Ltd appoints Peter Nicholson as managing director

Ora Banda Mining appoints Peter Nicholson as managing director The appointment follows the retirement of David Quinlivan from the role but the company will continue to benefit from his knowledge and expertise as a non-executive director. The new MD has 25 years of industry experience in operational and mine management roles. Ora Banda Mining Ltd (ASX:OBM) (OTCMKTS:ESGFF) (FRA:M6N) has appointed Peter Nicholson as managing director with effect from today and this follows the retirement of David Quinlivan as MD. Nicholson will step into the new role after holding the position of chief executive officer since April 2, 2021. Quinlivan will immediately assume the role of a non-executive director of the company.

Ora Banda Mining Ltd s strong initial Iguana gold results confirm resource potential

Ora Banda Mining s strong initial Iguana gold results confirm resource potential The first results from Ora Banda’s exploration campaign at the Iguana prospect are in, confirming the deposit’s resource potential. A three-phase drilling campaign is underway at Ora Banda s Iguana deposit to upgrade and extend the asset s mineral resource. Ora Banda Mining Ltd (ASX:OBM) (FRA:M6N) has unveiled the first suite of assays from infill drilling at Iguana gold deposit in Western Australia with potential to provide additional feed for the nearby Davyhurst processing plant. In April 2021, 27 reverse circulation (RC) holes covering 3,750 metres were completed over the prospect, which forms part of the Lady Ida Project area.

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