Lady Ida

LADY IDA

The Lady Ida Project is located approximately 55 km south of the Davyhurst Processing Plant.

GEOLOGY & MINERALISATION
The project is centred on a sequence of mafic and ultramafic volcanics on the western edge of the greenstone belt immediately east of the Ida Lineament. The greenstone sequence hosts the Iguana, Blue Tongue and Lizard open cut deposits.

RESOURCES & RESERVES
OBM is currently in the process of validating and reinterpreting the geological models and supporting QA/QC data and will be issuing a revised resource statement in the coming months.

HISTORICAL PRODUCTION
The table below summarises the cumulative gold production from the project based on the available records;

ProjectProduction Period
Pre 19501950-19801980-20002000-2008
(oz Au)(oz Au)(oz Au)(oz Au)
Lady Ida    39,000

TARGETS
The company is currently re-evaluating large areas of remnant resources at Iguana and Lizard. In addition, the company has several advanced targets within the project at Legless, Python and Python North, where previous drilling has defined anomalies that require further evaluation.