PROJECT UPDATES
-
More Outstanding Hits at Okiep Copper Project, Flat Mine East – High-Grade Potential Confirmed – 9.27m at 3.01% Cu and 15m at 4.80% Cu within 78m averaging 1.57% Cu
Orion is pleased to report further outstanding assay results from the confirmation diamond drilling program in the Flat Mines area at its Okiep Copper Project (OCP) in the Northern Cape, South Africa.
The latest results add further momentum to Orion’s development strategy for the OCP, building on the initial results reported on 22 April 2024 and confirming the geology and endowment of the Flat Mines Area
24 June 2024
ANNOUNCEMENTS
PRESENTATIONS
Orion Minerals is focused on the supply of future facing metals to help the global transition to a lower carbon future.
The Company holds a portfolio of high-quality development and exploration assets in South Africa’s Northern Cape, with Mineral Rights including known deposits of copper, zinc, nickel, cobalt, Platinum Group Elements (PGE), gold, silver, tungsten, Rare Earth Elements (REE) and lithium.
Key investment highlights
- Two brownfields development assets in South Africa’s Northern Cape
- Moving toward early production scenario at Prieska Copper Zinc Mine (PCZM)
- Financing and strategic partner engagement secured
- Extensive upside exploration potential, high-quality Mineral Resources
- Fully integrated from exploration to market
- Mineral Rights include known deposits of Copper, Zinc, Nickel, Cobalt, PGE, Au, Ag, W, REE, Li
- Strong ESG credentials with available renewable and green hydrogen power
- Perfectly aligned with new market dynamics for future-facing metals
- Exceptional exploration pipeline
- Primary focus on near-term copper mining (Prieska Copper Zinc mine currently under development – targeting first production in 18 months)
- Secondary attention: Class 1 Ni sulphide mining (Ni-Cu-Co-Au-PGE) – coupled with refining technology development
- Developing specialist refining capacity to produce high value, high-purity ultrafine metal powders used in electronics
- Important by-product credits Au, Ag, PGE, Py, S, Ba
- Exposure to Li, Nb, Ta, Graphite, W, Mo, U with occurrences located on our mining rights (historic mining occurrences)
- Winner of multiple ESG awards
ABOUT US
Orion Minerals Ltd (ASX: ORN | JSE: ORN) is a globally diversified metal explorer and developer which is on track to become a new generation base metals producer through the development of its flagship Prieska Copper Zinc Mine (PCZM), its near-term Okiep Copper Project (OCP) and the Jacomynspan (JMP) Nickel-Copper-PGE Project, all located in South Africa’s Northern Cape.
EVENTS
29 Aug 2024
Shareholder Meeting
Orion Minerals to host a Shareholder Meeting on Thursday, 29 August 2024.
Time: 3:00 pm AWST/ 5:00pm AEST