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Orbit’s Lewis Ponds story grows with 78% resource lift and Cousin Jack discovery

9:32am on Wednesday 23rd of September, 2026 AEST Mining
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Orbit’s Lewis Ponds story grows with 78% resource lift and Cousin Jack discovery

9:32am on Wednesday 23rd of September, 2026 AEST
Key Points
  • Lewis Ponds resource increased to 17.52Mt containing about 630koz of gold and 30.1Moz of silver
  • Scoping Study estimated a base-case pre-tax NPV of A$481 million and 24% IRR
  • Cousin Jack drilling intersected 269m of polymetallic sulphide mineralisation
  • Orbit raised A$5.52 million and held A$3.69 million in cash at year-end
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