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ORION MINERALS LIMITED - Release of Flat Mines DFS delayed to end-March 2025

Release Date: 14/03/2025 07:13
Code(s): ORN     PDF:  
Wrap Text
Release of Flat Mines DFS delayed to end-March 2025

Orion Minerals Limited
Incorporated in the Commonwealth of Australia
Australian Company Number 098 939 274
ASX share code: ORN
JSE share code: ORN
ISIN: AU000000ORN1


Release of Flat Mines DFS delayed to end-March 2025


Orion Minerals Limited (ASX/JSE: ORN) (Orion or the Company) provides an update on the timing of the release of
the Definitive Feasibility Study (DFS) on the Flat Mines Project, part of the Okiep Copper Project.

The Orion Board and partners are currently progressing the internal review process following the sign off by the
independent experts. It is anticipated that the results of the Okiep DFS will be released during the last week of
March 2025, concurrent with the release of Orion's flagship Prieska Copper Zinc Mine DFS.

For and on behalf of the Board.


Errol Smart
Managing Director & CEO

14 March 2025


ENQUIRIES

Investors                                    Media                                     JSE Sponsor
Errol Smart – Managing Director & CEO        Nicholas Read                             Monique Martinez
Denis Waddell – Chairman                     Read Corporate, Australia                 Merchantec Capital
T: +61 (0) 3 8080 7170                       T: +61 (0) 419 929 046                    T: +27 (0) 11 325 6363
E: info@orionminerals.com.au                 E: nicholas@readcorporate.com.au          E: monique.martinez@merchantec.com


Disclaimer

This release may include forward-looking statements. Such forward-looking statements may include, among other things,
statements regarding targets, estimates and assumptions in respect of metal production and prices, operating costs and results,
capital expenditures, mineral reserves and mineral resources and anticipated grades and recovery rates, and are or may be
based on assumptions and estimates related to future technical, economic, market, political, social and other conditions.
These forward-looking statements are based on management's expectations and beliefs concerning future events. Forward-
looking statements inherently involve subjective judgement and analysis and are necessarily subject to risks, uncertainties and
other factors, many of which are outside the control of Orion. Actual results and developments may vary materially from those
expressed in this release. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-
looking statements. Orion makes no undertaking to subsequently update or revise the forward-looking statements made in this
release to reflect events or circumstances after the date of this release. All information in respect of Exploration Results and
other technical information should be read in conjunction with Competent Person Statements in this release (where
applicable). To the maximum extent permitted by law, Orion and any of its related bodies corporate and affiliates and their
officers, employees, agents, associates and advisers:

•      disclaim any obligations or undertaking to release any updates or revisions to the information to reflect any change in
       expectations or assumptions;

•      do not make any representation or warranty, express or implied, as to the accuracy, reliability or completeness of the
       information in this release, or likelihood of fulfilment of any forward-looking statement or any event or results expressed or
       implied in any forward-looking statement; and

•      disclaim all responsibility and liability for these forward-looking statements (including, without limitation, liability for
       negligence).

Date: 14-03-2025 07:13:00
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