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Asia

Orion Minerals Says Drilling at South Africa Prospect Confirms Down-Dip Continuity of Mineralization

Orion Minerals (ASX:ORN) said the second drill hole completed as part of the 2026 drilling campaign at the Okiep copper project Flat Mine East prospect in South Africa confirmed the down-dip continuity of the mineralized norite unit intersected in a previous drill hole, according to a Monday Australian bourse filing.It encountered an intercept of 3.96 meters at 4.6% grade of copper, including 0.95 meters at over 14% grade of copper from 322.69 meters down-hole, the company said. The intersection is located 39 meters down-dip of the previously reported high-grade copper intercept.

ASX:ORN
Asia

Orion Minerals Says IDC Converts 344.5 Million South African Rand Loan Into Equity in Prieska Project

Orion Minerals (ASX:ORN) said the Industrial Development Corporation of South Africa (IDC) converted its about 344.5 million South African Rand convertible loan facility into equity in unit PCZM HoldCo, becoming a 23.8% shareholder in PCZM HoldCo and giving it an effective interest of about 16.7% in PCZM, according to a Friday Australian bourse filing.The company said the IDC retains a shareholder loan claim against PCZM HoldCo of about 272.4 million South African Rand, with all security granted in connection with the facility agreement released following the conversion.The IDC, as a long-standing development finance partner, becomes a direct shareholder in PCZM HoldCo, deepening its strategic alignment with the Prieska project, the filing added.

ASX:ORN
Asia

Orion Minerals Says Resource-Optimization Drill Hole Completed at South Africa Prospect Confirms 'Significant' Growth Potential

Orion Minerals (ASX:ORN) said results from the first resource-optimization drill hole completed at the Okiep copper project Flat Mine East prospect in South Africa confirmed "significant" growth potential, according to a Wednesday Australian bourse filing.The results validate earlier visual estimates and include an intercepts of 7.9 meters at 9.2% grade of copper from 311.3 meters, the company said.

ASX:ORN
Asia

Orion Minerals Extends Copper Mineralization at South Africa Copper Project

Orion Minerals (ASX:ORN) intersected a 7.88-meter zone of "significant" visible copper sulfide mineralization at the Flat Mine East prospect of its Okiep copper project in South Africa, according to a Tuesday Australian bourse filing.The intersection is located 36 meters down-dip from a previously reported high-grade intersection that returned 15 meters at 4.8% copper from 248 meters, confirming that mineralization continues down-dip beyond the current indicated resource envelope, the filing added.Assay results from resource optimization drill hole OFMND244 at Flat Mine North also returned 21.34 meters at 1.55% copper from 147.72 meters, it added.

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