Orla Mining Provides An Update On Its Exploration At The South Railroad Project

Orla Mining Ltd Ordinary Shares -1.66%

Orla Mining Ltd Ordinary Shares

ORLA

4.73

-1.66%

Highlights:

  • Significant gold intercepts indicate strong potential to expand oxide gold mineralization beyond the projected open pit boundaries and extend the projected mine life at the Pinion and Dark Star deposits. Higher grade sulphide gold mineralization is also being encountered.
  • The ongoing drilling program focuses on defining new oxide mineralization, expanding the resource base by targeting open zones along key structures, and testing multiple targets across the property, including selective sulphide target testing.
  • Orla has now integrated the recently acquired Pony Creek property and the larger, enhanced land package will now be referred to as the "South Carlin Complex". This area includes the South Railroad Project which hosts multiple mineralized zones and exploration targets along a 30- kilometre strike length on the Carlin Trend covering approximately 25,000 hectares.
  • Significant permitting progress at the South Railroad Project has been made at the federal and state levels to advance the posting of the Notice of Intent ("NOI") in early 2025.
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