Ora Banda Mining Limited announced results returned from the first batch of a regional first pass exploration air-core (AC) drilling program of priority grass roots targets dispersed throughout the Company's tenement package. The regional program focussed on testing gold targets with no previous drilling or effective exploration. A total of 16,112 drilling metres were completed to blade refusal, with 6,027 metres currently awaiting assay return. Assays have been received for drilling at Sunraysia North, Gem Star North, Santalum and Queen of Hearts with results for other target areas still pending. Three of the four targets for which results have been returned intersected gold mineralisation which is highly significant for first pass exploration drilling and of these, Sunraysia North and Santalum prospects gave standout results. The Sunraysia North drilling was designed to test the southern continuation of the Riverina & British Lion mineralised trend in an area with no previous drilling. Results are highly promising with significant end of hole (EOH) mineralisation intersected along the Riverina trend in three successive drill lines spaced 400m apart. Furthermore, historical holes to the north and south of these intersections were too shallow and did not pass through the surface cover and/or depleted zone and are considered ineffective, leaving the mineralisation open along strike to the north up to the British Lion deposit and south towards the Sunraysia deposit. The Santalum drilling was designed to test an undrilled auger surface geochemical anomaly on the southern end of the interpreted Round Dam mineralised trend. Significant gold mineralisation was intersected in one hole on the most northern line with mineralisation open to the north. Further AC and RC drilling is currently being planned to follow up these encouraging results. Riverina Project - Sunraysia North and Gem Star North Prospects: The Sunraysia North drilling program was designed to test the Riverina mineralised trend south of the British Lion deposit in an area with no previous drilling. Aircore drilling consisted of 80m spaced holes, inclined at 60 degrees to the west, on 400m spaced lines infilling areas with no or ineffective historical drilling. Drill holes were completed to base of weathering or saprock (blade refusal or limited AC hammer where required). The area is covered by alluvial cover, shallow (<1m) in the north and deepens to the south with the southern drill lines intersecting ~30m of cover before encountering insitu saprolite. Furthermore, in the north where cover is minimal there appears to be a depleted zone down to ~35m vertical depth. Historical drilling in this area was RAB to a set depth to 30m and did not penetrate the alluvial cover in the south and only tested the depleted zone in the north making it ineffective. Current AC drilling intersected gold mineralisation on three consecutive drill lines spaced 400m apart defining a mineralised trend over 800m strike, and given the broad spacing of the drilling, this is highly significant. Mineralised intersections occurred in a mafic sequence with the best intersection of 10m@2.2g/t (SYAC030) occurring on the contact of mafics with a metasediment unit. Mineralisation is open to the north for 600m up to the British Lion deposit, and south for at least 400m where weakly anomalous gold was intersected in current drilling. Drilling at Gem Star North, 600m east of Sunraysia North, was designed to infill and test extensions to previously drill defined mineralisation. Anomalous gold was intersected 280m north and 300m south of existing mineralisation extending the overall strike of anomalous gold to 1,200m. Further work is required to determine the potential of both these prospects which will be done with more targeted AC and RC drilling for which planning is currently underway. Round Dam Trend - Santalum: Santalum is situated on the southern most extent of the interpreted Round Dam Gold Trend. The Round Dam Trend is known to host the Waihi, Federal Flag and Walhalla mined deposits to the north. Auger surface geochemistry completed in 2018 defined a coherent NW-SE trending >20ppb gold anomaly (maximum 57ppb) over 2.6km strike length. The anomaly overlies an area of soil and colluvium with no outcrop and with no previous drill testing. The drilling was designed as a broad first pass exploration program over the anomaly to investigate the regolith profile and map bedrock geology to help refine areas that are the potential source for the gold anomalism identified in the auger program. Design of a second phase of more detailed drilling to target the now identified gold mineralisation is underway. The results of this initial drilling have been extremely encouraging with broad bedrock mineralisation being intersected on the northern line in hole SAAC121 (16m @ 1.2g/t Au). Additionally, hole SAAC103 (6m @ 0.19g/t Au) 400m south of SAAC121 intersected weakly anomalous gold mineralisation suggesting the mineralised structure may continue to the south. The mineralisation is open to the north with the auger anomaly continuing north from SAAC121 for another 1,200m. A second weaker mineralised zone was also intersected in a drill line to the east of the main auger anomaly with SAAC082 returning 4m @ 0.84 g/t Au. Davyhurst Project - Queen of Hearts: The Queen of Hearts drilling (Figure 4) was designed to test a previously untested NW-SE trending gold (plus coincidental Arsenic and Tungsten) in auger anomaly in an area of laterite capping, soil and colluvium. This large coherent +20ppb Au auger anomaly is interpreted to occur coincidently with the location of the Kunanalling shear and along strike of the historical underground Golden Lode mine that lies to the South. Aircore drilling consisted of 80m spaced holes, inclined at 60 degrees to the east, on 400m spaced drill lines. Drill holes were completed to base of weathering or saprock (blade refusal or limited AC hammer where required). Drilling intersected a sequence of highly weathered metasediments, mafic and ultramafics with extremely leached regolith profile down to 50-70m depth. A number of holes intersected weak anomalism across an 830 metre strike length with the best results including 9m @ 0.15g/t (QHAC014), 5m @ 0.24g/t (QHAC019) and 1m @ 0.28g/t (QHAC021). Although this gold anomalism is of low tenor it is significant as there are "End of Hole" intercepts in adjacent holes at a relatively wide spacing of 80m. This is considered significant, as such "End of Hole" intercepts from partially weathered, to fresh rock lithologies may potentially represent a proximal primary bedrock gold source. The wide spaced AC drilling (nominally an 80m hole spacing & 400m line spacing) translates into significant data gaps between anomalous holes which will be infilled as part of the phase 2 program.