About Orla mining ltd
Orla Mining Ltd: Developing the Camino Rojo Oxide Gold Project
Orla Mining Ltd is a Canadian mining company that is focused on the exploration and development of gold and silver properties in Mexico. The company's flagship project is the Camino Rojo Oxide Gold Project, which is an advanced open-pit and heap leach project located in Zacatecas State, Central Mexico.
The Camino Rojo Oxide Gold Project has been designed to be a low-cost operation with high-grade mineralization. The project has an estimated resource of 1.27 million ounces of gold and 33.5 million ounces of silver, making it one of the largest undeveloped gold deposits in Mexico.
Orla Mining Ltd has been working diligently to advance the Camino Rojo Oxide Gold Project towards production. The company completed a feasibility study for the project in 2019, which demonstrated robust economics with an after-tax net present value (NPV) of $186 million at a $1,300 per ounce gold price.
The feasibility study also showed that the Camino Rojo Oxide Gold Project would have low operating costs with all-in sustaining costs (AISC) estimated at $575 per ounce of gold produced over its mine life.
In addition to advancing its flagship project, Orla Mining Ltd has also been actively exploring other properties in Mexico. The company's exploration efforts have led to several new discoveries including La Mina and Cerro Quema.
La Mina is located near Orla's Camino Rojo property and hosts significant copper-gold porphyry mineralization. Cerro Quema is located in Panama and hosts both oxide copper-gold-silver mineralization as well as sulfide copper-gold mineralization.
Orla Mining Ltd prides itself on being a responsible corporate citizen that prioritizes safety, environmental stewardship, community engagement, and social responsibility. The company works closely with local communities to ensure that its operations have a positive impact on the people and the environment.
In conclusion, Orla Mining Ltd is a Canadian mining company that is focused on the exploration and development of gold and silver properties in Mexico. The company's flagship project is the Camino Rojo Oxide Gold Project, which has an estimated resource of 1.27 million ounces of gold and 33.5 million ounces of silver. Orla Mining Ltd has been working diligently to advance the Camino Rojo Oxide Gold Project towards production while also actively exploring other properties in Mexico. The company prides itself on being a responsible corporate citizen that prioritizes safety, environmental stewardship, community engagement, and social responsibility.