Latest ORBMINCO (ASX:OB1) News

Orbminco is launching an extended drilling campaign at its Majestic North Gold Project near Kalgoorlie, aiming to confirm and grow its 39,700-ounce resource. The company is also raising an additional A$0.205 million to fund this ambitious exploration push.

Orbminco Limited has initiated geophysical surveys at its Bronze Fox Copper-Gold Project in Mongolia, setting the stage for a targeted drilling program in Q3 2025 focused on high-grade copper-gold zones.

Orbminco Limited has entered a binding agreement to acquire the Majestic North Gold Project in Western Australia, boasting a JORC-compliant resource of nearly 40,000 ounces of gold. The company is raising A$0.88 million to support due diligence and exploration activities.

Orbminco Limited has successfully closed its entitlement offer, raising $0.23 million, while planning to place a significant shortfall of 852 million shares within the next three months.

Orbminco Limited has defined significant new drill targets at its Bronze Fox Copper-Gold Project in Southern Mongolia, following promising trench sampling results and geophysical surveys. The company is gearing up for an expanded drilling campaign in mid-2025 to explore these high-potential zones.

Orbminco Limited reports encouraging diamond drilling results at its Bronze Fox Copper-Gold Project in Mongolia, alongside progress on divesting its Mt Venn Project in Western Australia.

Orbminco's maiden drilling at the Bronze Fox Project in Southern Mongolia reveals significant copper and gold intersections, confirming the potential for resource expansion and higher grades at the West Kasulu deposit.

Orbminco Limited has agreed to divest an 80% stake in its Mt Venn Project to Sarama Resources, receiving equity and cash as it refocuses on its Mongolian assets.