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Orla Intersects Additional Sulphide Cu-Au Mineralization and Oxide Gold at the Cerro Quema Project, Panama
Orla Mining Ltd. (TSX VENTURE:OLA) (“Orla” or the “Company”) is pleased to provide an update on results from the ongoing diamond drill program at its wholly owned Cerro Quema project in Panama. Highlights include two Cu-Au intercepts in the Caballito Copper zone 100 metres apart averaging 0.43 g/t Au and 0.64% Cu over 53.0m and …
Orla Mining Ltd. (TSX VENTURE:OLA) (“Orla” or the “Company”) is pleased to provide an update on results from the ongoing diamond drill program at its wholly owned Cerro Quema project in Panama. Highlights include two Cu-Au intercepts in the Caballito Copper zone 100 metres apart averaging 0.43 g/t Au and 0.64% Cu over 53.0m and 0.13 g/t Au and 0.80% Cu over 50.7m. Additionally, an oxide gold intercept in the Quemita zone returned 1.02 g/t Au over 69.4m that is largely below the current oxide reserves.
As quoted in the press release:
Marc Prefontaine, Orla CEO noted, “Orla’s primary goals for our first year of exploration at Cerro Quema were to increase the oxide resource and to test the sulphide potential within the large mineral system covered by the property. We have made good progress on both goals. In addition to continuing to follow up on the successful intercepts described, we plan to drill six holes this year to obtain material for additional metallurgical test work on oxide material as there are some potential improvements over the Pre-feasibility Study estimates that would be positive for project economics.”
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