Ora Banda Mining Limited announced that a detailed review of the Company's Davyhurst Gold Processing Plant and the plant's associated infrastructure, has now been completed, with a clear positive outcome. GRES has estimated the capital cost to complete remedial works and recommission this processing plant on an EPCM basis to be AUD 8.52 million. This represents a 43% reduction in the Company's previous capital cost estimate and includes a contingency of AUD 0.84 million. Summary tables of major items included in this cost estimate are included on the following page. Ora Banda also announced that GRES have estimated the time to complete the remedial works program and recommission the Davyhurst processing plant to be only 24 weeks from commencement of the remedial works.