Orbminco Advances Majestic North Towards Key Development Milestones
Orbminco Limited (ASX: OB1) has reported continued progress at its 100%-owned Majestic North Gold Project in Western Australia, with all three phases of its resource drilling program now complete. Metallurgical testing has confirmed the ore is free-milling and suitable for conventional cyanide leaching, supporting potential low-cost processing options. Meanwhile, environmental approvals and permitting activities have advanced, including the submission of a groundwater licence application and completion of baseline flora and fauna surveys.
The company is progressing multiple technical and commercial workstreams in parallel as it prepares for a Final Investment Decision and the lodgement of its Mining Development and Closure Proposal (MDCP) in early September 2026. Discussions with potential ore purchasers and toll-treatment operators are continuing, while mine planning, infrastructure design and financial modelling are being refined. Upcoming drilling results, processing decisions and updated economic assessments are expected to further de-risk the project and support its transition toward production.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Orbminco Advances Majestic North Towards Key Development Milestones
Orbminco Limited (ASX: OB1) has reported continued progress at its 100%-owned Majestic North Gold Project in Western Australia, with all three phases of its resource drilling program now complete. Metallurgical testing has confirmed the ore is free-milling and suitable for conventional cyanide leaching, supporting potential low-cost processing options. Meanwhile, environmental approvals and permitting activities have advanced, including the submission of a groundwater licence application and completion of baseline flora and fauna surveys.
The company is progressing multiple technical and commercial workstreams in parallel as it prepares for a Final Investment Decision and the lodgement of its Mining Development and Closure Proposal (MDCP) in early September 2026. Discussions with potential ore purchasers and toll-treatment operators are continuing, while mine planning, infrastructure design and financial modelling are being refined. Upcoming drilling results, processing decisions and updated economic assessments are expected to further de-risk the project and support its transition toward production.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au