UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 6-K
Report of
Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16
UNDER the
Securities Exchange Act of 1934
For the month of February 25, 2025
Commission File Number: 001-39766

ORLA MINING LTD.
(Translation of registrant's name into English)
1010-1075
West Georgia Street
Vancouver,
BC
V6E
3C9
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F ☐ Form 40-F ☒
SIGNATURE
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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ORLA MINING LTD.. |
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Date: February 25, 2025 |
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/s/ Etienne Morin |
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Name: Etienne Morin
Title: Chief Financial Officer
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EXHIBIT INDEX
Exhibit 99.1
News Release | |
Orla Mining Intersects High Grade Oxide Gold
at South Carlin Complex and Advances Permitting for South Railroad Project in Nevada
34.7 m at 2.68 g/t Au, incl. 13.6
m at 5.85 g/t (Oxide) – Dark Star
55.2 m at 1.04 g/t Au incl. 11.3 m at 2.86 g/t Au (Oxide) – Pinion
65.5 m at 1.16 g/t Au, Incl. 10.7m at 2.60 g/t Au (Oxide) – Bowl
VANCOUVER, BC, Feb. 25, 2025 /CNW/ - Orla Mining
Ltd. (TSX: OLA) (NYSE: ORLA) ("Orla" or the "Company") is pleased to provide additional exploration results from
the 2024 South Carlin Complex program along with permitting progress for the South Railroad Project (the "Project").
Highlights:
- Dark Star and Pinion project
targets (Central Area): Multiple high-grade intersections within and beyond the feasibility study open pits demonstrate clear
potential to expand resources and reserves at Dark Star and Pinion.
- Oxide targets (South Area): Shallow
drilling along soil geochemistry anomalies has revealed extensive gold-bearing structural trends highlighting significant potential to
expand oxide resources to support the future heap leach operation.
- Sulphide targets (North Area): Drill
holes testing the extension of the North Bullion deposit, as well as Skarn-type targets returned significant mineralization, setting
the stage for high-priority follow up drilling.
- Ambitious 2025 exploration
program planned with $15 million investment to accelerate resource growth and new discoveries at South Carlin Complex.
- Significant permitting advances and
water rights secured for the South Railroad Project.
- South Carlin Resource
& Reserve estimate and Technical Report update expected to be completed in the second half of 2025.
- Considerable project advancement with
awarding of Engineering, Procurement, and Construction Management (EPCM) contract to M3 Engineering & Technology Corp., and commencement
of basic engineering.
"The
South Railroad Project has exceeded our expectations since its acquisition in 2022 and subsequent expansion in 2024, which formed the
larger the South Carlin Complex. Each drilling campaign has not only validated our geological model but also uncovered new high-grade
and near-surface oxide mineralization across multiple targets. These excellent results strengthen our confidence in the untapped potential
of the South Carlin Complex, supporting long-term resource growth and positioning it as an emerging Nevada gold district with significant
potential for sustainable value creation."
– Sylvain Guerard, Orla's Senior Vice President,
Exploration
Figure 1: South Carlin Complex drill results, H2 2024.
(CNW Group/Orla Mining Ltd.)

Figure 2: Dark Star and Pinon 2024 drill holes. (CNW
Group/Orla Mining Ltd.)
Dark Star Deposit – Extending oxide
gold mineralization 75m down dip and 85m along strike
Additional drilling near the Dark Star deposit returned
significant oxide results. Drillhole DSC24-02 returned 2.68 g/t Au (Ox) over 34.7 m including 5.85 g/t Au over 13.6 m (Ox), confirming
the continuity of significant oxide mineralization between the projected open pit an d previously reported
results of 0.67 g/t Au over 45.7 m (Ox) including 1.24 g/t Au over 12.2 m (Ox) located approximately 100 m to the NE (see October 31,
2024 news release; Figure 3, 4, and 5).
Drilling on the west side of the southern open pit
intersected narrower, lower-grade oxide-hosted gold mineralization (e.g., 1.41 g/t Au over 7.1 m (Ox)), confirming that mineralization
extends westward. In 2025, Orla intends to continue focusing on defining the continuity of wider, higher-grade gold mineralization below
the northern Dark Star open pit.
Dark
Star Extension Drilling Results (Drillhole and Assay Results) |
DSC24-02
incl. |
2.68 g/t Au over 34.7 m (Ox)
5.85 g/t Au over 13.6 m (Ox) |
DSC24-03 |
1.41
g/t Au over 7.6 m (Ox) |

Figure 3: Dark Star long section, looking west (CNW
Group/Orla Mining Ltd.)
Figure 4: Dark Star North long section, looking west.
(CNW Group/Orla Mining Ltd.)
Figure 5: Cross section along DSC24-02, looking north.
(CNW Group/Orla Mining Ltd.)
Pinion Deposit – Enhancing oxide gold
mineralization
Recent drilling at the Pinion Deposit focused on the
southeast extension, yielding higher-grade results than adjacent historical holes, including 1.04 g/t Au over 55.2 m (Ox), with 2.86
g/t Au over 11.1 m (Figure 6). These results reinforce the mineral resource growth potential and enhance the continuity of oxide gold
mineralization in the southeast extension. In addition to exploration drilling, water wells were drilled to support the permitting process,
with assay samples collected during drilling. Two water holes completed within the known deposit returned significant in-pit results,
including PRMW24-03A: 60.0 m at 1.68 g/t Au, including 4.6 m at 13.67 g/t Au. These assay results confirm and align with historical
drill hole results while also underscoring the potential to define local controls on higher-grade mineralization within the Pinion Deposit.
Pinion
Drilling Results (Drillhole and Assay Results) |
PC24-02
incl. |
1.04 g/t Au over 55.2 m (Ox)
2.86 g/t Au over 11.1 m (Ox) |
PRMW24-03
incl. |
0.81 g/t Au over 30.5 m (Ox)
1.83 g/t Au over 10.7 m (Ox) |
PRMW24-03A
incl.
incl. |
1.54 g/t Au over 74.7 m (Ox)
7.46 g/t Au over 9.1 m (Ox)
13.67 g/t Au over 4.6 m (Ox) |

Figure 6: Pinion vertical cross section, looking northeast
(CNW Group/Orla Mining Ltd.)
Shallow Oxide Mineralization (South Area):
Gold deposits across the broader Railroad District
are controlled by northwest-southeast and north-south structures and their intersections. From Jasperoid Wash to the southern property
boundary (the South Area), anomalous gold-in-soil geochemistry defines a network of these auriferous structures, with a cumulative strike
length of 15 km (Figure 7). The 2024 exploration program drill tested these soil anomalies, returning shallow oxide intersections, in
some cases starting from surface. These results confirm the association between gold-in-soil anomalies and auriferous structures while
also suggesting significant potential for oxide resource growth in the South Area.
Jasperoid Wash Extension: A series of holes
drilled east of the main north-south Jasperoid Wash deposit intersected positive shallow oxide mineralization, indicating potential for
a pit extension. Notable drill highlights include 30.5m at 0.40 g/t Au (oxide) from 1.5 meters (Hole JW24-11) and 39.6m at 0.25
g/t Au (oxide) from 0.0 meters (Hole JW24-07) down holes.
New shallow oxide drill intersections from the Robinson,
Stallion-Bowl Trend, Mustang, and Appaloosa targets reinforce the relationship between auriferous structures and gold-in soil anomalies.
Orla is encouraged by these early exploration results which highlight further potential for oxide resource growth. Orla intends to continue
testing the South Area in 2025.
Figure 7: South Area Drill Results and Au-in-Soil
trends (CNW Group/Orla Mining Ltd.)
At the Bowl Zone, one hole (BW24-01) was drilled within
the Bowl Deposit, located within the recently acquired Pony Creek property. The drilling was conducted to gain fresh insights into the
geology, level of oxidation, and the control and style of mineralization. The results were highly positive, exceeding expectations, with
an intersection of 65.5 m at 1.16 g/t Au, including 10.7 m at 2.60 g/t Au and 7.6 m at 2.13 g/t (Ox, Figure 8)). This new intersection
has reinforced Orla's confidence in the quality of the deposit and the potential to add additional oxide resources by testing potential
open extensions to the northwest and southeast. Follow-up drilling at the Bowl Zone is planned as part of the 2025 program.
Figure 8: Bowl Vertical Cross Section, Looking Northwest
(CNW Group/Orla Mining Ltd.)
North Bullion Deposit Extension and Skarn Targets
(North Area)
Three holes were completed at North Bullion to provide
key information supporting the continuity of shallow sulphide mineralization Hole RR24-03 intersected 41.1 m at 1.89 g/t Au (Sx), including
21.3 m at 2.28 g/t Au, within the resource's open pit. This result enhances confidence in the extent and continuity of the shallow
sulphide mineralization. Exploration drilling, consisting of step-outs along the northwest trend controlling high-grade sulphide gold
mineralization, is planned for 2025. Positive results from the planned step-out holes hope to significantly expand the extent of the mineralized
zone and confirm resource growth potential.
Approximately three kilometres southwest of North
Bullion, polymetallic skarn mineralization was intersected in one of three holes completed in the Skarn target area. Field work –
including geochemical rock sampling, geological mapping, and geophysical survey interpretation – led to the definition of a high-priority
skarn target. This target is supported by multiple recent high-grade surface rock samples, with individual samples returning grades up
to 24% copper, 790 g/t silver (one over limit assay >1,500 g/t Ag pending), 9.4% zinc and 5.8% lead (one over limit assay >20% Pb
pending) over a well-defined 900 metre x 600 metre alteration zone with sulphide minerals (bornite, chalcocite, sphalerite and pyrrhotite)
in outcrop, overlying a high magnetic anomaly (Figure 9). The coincident alteration footprint, sulphide minerals and magnetic anomaly
suggest potential to define copper skarn mineralization. Drilling to further test this target is planned for 2025.
2025 Exploration Drill Programs
Orla's 2024 South Carlin exploration program totaled
19,009 metres of drilling. For 2025, the Company plans to maintain an active exploration program with a $15 million program to include
the following activities:
- 10,000 metres of drilling focused
on near-deposit targets (Dark Star and Pinion), aiming to expand resources and potentially extend the projected open pits.
- 8,000 metres of drilling targeting
the northern (Pod-Sweet Hollow, North Bullion) and southern (Jasperoid Wash, Robinson, Bowl) areas to define new shallow oxide gold mineralization.
South Railroad Project Update
The South Railroad Project, situated on federal land,
is currently advancing under the guidance of the US Bureau of Land Management (BLM) in accordance with the National Environmental Policy
Act (NEPA) for permitting. The Environmental Impact Statement (EIS) contractor is finalizing the Supplemental Environmental Reports (SERs)
required by the BLM prior to issuing the Notice of Intent (NOI). The Company anticipates all SERs will be finalized in the first
quarter 2025.
The NOI is expected to be published in the first half
of 2025, with the Company targeting a Record of Decision (final permitting decision) by mid-2026. Following this approval, construction
on the South Railroad Project would commence, with first gold production anticipated in 2027.
The Company has a comprehenisve water strategy and
has begun securing consumptive water rights required for the Project. The Company also has a strategy to meet the sage grouse mitigation
requirements under the State of Nevada Sagebrush Ecosystem Program (SEP).
At the state level, the Company has received Class
I and II Air Operating Permits. Applications have been prepared for the Water Pollution Control Permit and the National Pollutant Discharge
Elimination System (NPDES) discharge permit, which will be submitted after the NOI in 2025.
The Engineering, Procurement, and Construction Management
(EPCM) contract has been awarded to M3 Engineering & Technology Corp. Basic engineering has commenced and will proceed throughout
2025 and 2026 to support the start of construction following the Record of Decision. Long-lead equipment will be identified, with purchase
orders potentially beginning in 2025.
Qualified Persons Statement
The scientific and technical information in this news
release with respect to the 2024 drilling programs has been reviewed and approved by Mr. Sylvain Guerard, P Geo., SVP Exploration of the
Company, and with respect to permitting matters has been reviewed and approved by Mr. Andrew Cormier, Chief Operating Officer of the Company,
each of whom is a Qualified Person as defined under the definitions of National Instrument 43-101 ("NI 43-101").
To verify the information related to the 2024 drilling
programs at the South Railroad property, Mr. Guerard has visited the property in the past year; discussed logging, sampling, and sample
shipping processes with responsible site staff; discussed and reviewed assay and QA/QC results with responsible personnel; and reviewed
supporting documentation, including drill hole location and orientation and significant assay interval calculations.
Quality Assurance / Quality Control –2024
Drill Program
Gold results from 2024 drillholes at the South Carlin
Complex were obtained by fire assay fusion and absorption emission finish (FA430) at Bureau Veritas Mineral Laboratories in Sparks, Nevada,
USA. Over limit gold assays were determined using fire assay fusion with gravimetric finish (FA530). Gold cyanide extraction was determined
using a 1-hour cyanide leach (CN403) conducted in either Sparks, Nevada, or Hermosillo, Mexico. All other elements were determined by
4-acid dissolution with ICP-OES+MS method (MA200).
Quality Assurance/Quality Control and interpretation
of results were performed by qualified persons employing a Quality Assurance/Quality Control program consistent with NI 43-101 and industry
best practices. Certified reference material (standards), blank, or rig duplicate were inserted approximately every tenth sample for Quality
Assurance/Quality Control purposes by the Company. Bureau Veritas Mineral Laboratories is independent of Orla. There are no known drilling,
sampling, recovery, or other factors that could materially affect the accuracy or reliability of the drilling data at the South Carlin
Complex.
True width of a composites depends on sufficient geological
information to determine orientation of mineralization. The true width in Pinion ranges from 70 to 98% of core length. At Dark Star true
width ranges from 54% to 66% of core length. True width in Jasperoid Wash ranges from 66 to 99%. The true width of the mineralization
in Skarn, Pony Creek intercepts cannot be estimated based on current information.
For additional information on the Company's previously
reported drill results, see the Company's press releases dated February 8, 2023 (Orla Mining Drills Significant Gold Intersections
at Multiple Oxide Targets upon Reactivation of Exploration at South Railroad Project, Nevada), March 7, 2024 (Orla Mining Drills
Oxide Mineralization Outside Projected Open Pits at South Railroad Project in Nevada), April 4, 2024 (Orla Confirms Strong Carlin-Type
Gold Mineralization at North Bullion Deposit and Defines New Drill Targets across the South Railroad Project) and October 31, 2024
(Orla Provides Exploration and Permitting Update at South Railroad Project). For additional information on South Railroad, see
the technical report entitled "South Railroad Project, Form 43-101F1 Technical Report Feasibility Study, Elko County, Nevada"
dated March 23, 2022, which is available on Orla's website at www.orlamining.com, and on SEDAR+ and EDGAR under the Company's profile
at www.sedarplus.ca and www.sec.gov, respectively. For additional information on the Pony Creek Project, or additional information, please
see Contact Gold Corp.'s ("Contact") technical report for Pony Creek entitled "Technical Report and Maiden Mineral Resource
Estimate, Pony Creek Property, Elko Country, Nevada, USA" with an effective date of February 24, 2022, available on Contact's profile
on SEDAR+ at www.sedarplus.ca.
About Orla Mining Ltd.
Orla's corporate strategy is to acquire, develop,
and operate mineral properties where the Company's expertise can substantially increase stakeholder value. The Company has two material
gold projects: (1) Camino Rojo, located in Zacatecas State, Mexico and (2) South Railroad, located in Nevada, United States. Orla is operating
the Camino Rojo Oxide Gold Mine, a gold and silver open-pit and heap leach mine. The property is 100% owned by Orla and covers over 139,000
hectares which contains a large oxide and sulphide mineral resource. Orla is also developing the South Railroad Project, a feasibility-stage,
open pit, heap leach gold project located on the Carlin trend in Nevada. Orla has also entered into a definitive agreement with a subsidiary
of Newmont Corporation to acquire the Musselwhite Mine, located in Ontario, Canada. This transaction is subject to certain conditions
and is expected to close in the first quarter of 2025. The technical reports for the Company's material projects are available on Orla's
website at www.orlamining.com, and on SEDAR+ and EDGAR under the Company's profile at www.sedarplus.ca and www.sec.gov,
respectively.
Forward-looking Statements
This news release contains certain "forward-looking
information" and "forward-looking statements" within the meaning of Canadian securities legislation and within the meaning
of Section 27A of the United States Securities Act of 1933, as amended, Section 21E of the United States Exchange Act of 1934, as amended,
the United States Private Securities Litigation Reform Act of 1995, or in releases made by the United States Securities and Exchange Commission,
all as may be amended from time to time, including, without limitation, statements regarding: the potential mineralization at the South
Carlin Complex based on the 2024 drill program; the Company's 2025 drill program at the South Carlin Complex, including the cost, timing
and results thereof; the timing of resource, reserve and technical report updates; and the Company's proposed transaction for the Musselwhite
Mine and the closing thereof. Forward-looking statements are statements that are not historical facts which address events, results, outcomes
or developments that the Company expects to occur. Forward-looking statements are based on the beliefs, estimates and opinions of the
Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Certain material assumptions
regarding such forward-looking statements were made, including without limitation, assumptions regarding: the future price of gold and
silver; anticipated costs and the Company's ability to fund its programs; the Company's ability to carry on exploration, development,
and mining activities; tonnage of ore to be mined and processed; ore grades and recoveries; decommissioning and reclamation estimates;
currency exchange rates remaining as estimated; prices for energy inputs, labour, materials, supplies and services remaining as estimated;
the Company's ability to secure and to meet obligations under property agreements, including the layback agreement with Fresnillo plc;
that all conditions of the Company's credit facility will be met; the timing and results of drilling programs; mineral reserve and mineral
resource estimates and the assumptions on which they are based; the discovery of mineral resources and mineral reserves on the Company's
mineral properties; the obtaining of a subsequent agreement with Fresnillo to access the sulphide mineral resource at the Camino Rojo
Project and develop the entire Camino Rojo Project mineral resources estimate; that political and legal developments will be consistent
with current expectations; the timely receipt of required approvals and permits, including those approvals and permits required for successful
project permitting, construction, and operation of projects; the timing of cash flows; the costs of operating and exploration expenditures;
the Company's ability to operate in a safe, efficient, and effective manner; the Company's ability to obtain financing as and when required
and on reasonable terms; that the Company's activities will be in accordance with the Company's public statements and stated goals; and
that there will be no material adverse change or disruptions affecting the Company or its properties. Consequently, there can be no assurances
that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in
such statements. Forward-looking statements involve significant known and unknown risks and uncertainties, which could cause actual results
to differ materially from those anticipated. These risks include, but are not limited to: uncertainty and variations in the estimation
of mineral resources and mineral reserves; the Company's dependence on the Camino Rojo oxide mine; risks related to the Company's indebtedness;
risks related to exploration, development, and operation activities; foreign country and political risks, including risks relating to
foreign operations; risks related to the Company's proposed transaction with Newmont Corporation for the Musselwhite Mine; risks related
to the Cerro Quema Project; delays in obtaining or failure to obtain governmental permits, or non-compliance with permits; environmental
and other regulatory requirements; delays in or failures to enter into a subsequent agreement with Fresnillo plc with respect to accessing
certain additional portions of the mineral resource at the Camino Rojo Project and to obtain the necessary regulatory approvals related
thereto; the mineral resource estimations for the Camino Rojo Project being only estimates and relying on certain assumptions; loss of,
delays in, or failure to get access from surface rights owners; uncertainties related to title to mineral properties; water rights; risks
related to natural disasters, terrorist acts, health crises, and other disruptions and dislocations; financing risks and access to additional
capital; risks related to guidance estimates and uncertainties inherent in the preparation of feasibility studies; uncertainty in estimates
of production, capital, and operating costs and potential production and cost overruns; the fluctuating price of gold and silver; unknown
labilities in connection with acquisitions; global financial conditions; uninsured risks; climate change risks; competition from other
companies and individuals; conflicts of interest; risks related to compliance with anti-corruption laws; volatility in the market price
of the Company's securities; assessments by taxation authorities in multiple jurisdictions; foreign currency fluctuations; the Company's
limited operating history; litigation risks; the Company's ability to identify, complete, and successfully integrate acquisitions; intervention
by non-governmental organizations; outside contractor risks; risks related to historical data; the Company not having paid a dividend;
risks related to the Company's foreign subsidiaries; risks related to the Company's accounting policies and internal controls; the Company's
ability to satisfy the requirements of Sarbanes-Oxley Act of 2002; enforcement of civil liabilities; the Company's status as a passive
foreign investment company for U.S. federal income tax purposes; information and cyber security; the Company's significant shareholders;
gold industry concentration; shareholder activism; other risks associated with executing the Company's objectives and strategies; as well
as those risk factors discussed in the Company's most recently filed management's discussion and analysis, as well as its annual information
form dated March 19, 2024, which are available on www.sedarplus.ca and www.sec.gov. Except as required by the securities disclosure laws
and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management's
beliefs, estimates or opinions, or other factors, should change.
Cautionary Note to U.S. Readers
This news release has been prepared in accordance
with Canadian standards for the reporting of mineral resource and mineral reserve estimates, which differ from the previous and current
standards of the United States securities laws. In particular, and without limiting the generality of the foregoing, the terms "mineral
reserve", "proven mineral reserve", "probable mineral reserve", "inferred mineral resources,", "indicated
mineral resources," "measured mineral resources" and "mineral resources" used or referenced herein and the documents
incorporated by reference herein, as applicable, are Canadian mineral disclosure terms as defined in accordance with Canadian National
Instrument 43-101 — Standards of Disclosure for Mineral Projects ("NI 43-101") and the Canadian Institute of Mining, Metallurgy
and Petroleum (the "CIM") — CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council,
as amended (the "CIM Definition Standards").
For United States reporting purposes, the United
States Securities and Exchange Commission (the "SEC") has adopted amendments to its disclosure rules (the "SEC Modernization
Rules") to modernize the mining property disclosure requirements for issuers whose securities are registered with the SEC under the
Exchange Act, which became effective February 25, 2019. The SEC Modernization Rules more closely align the SEC's disclosure requirements
and policies for mining properties with current industry and global regulatory practices and standards, including NI 43-101, and replace
the historical property disclosure requirements for mining registrants that were included in SEC Industry Guide 7. Issuers were required
to comply with the SEC Modernization Rules in their first fiscal year beginning on or after January 1, 2021. As a foreign private issuer
that is eligible to file reports with the SEC pursuant to the multi-jurisdictional disclosure system, the Corporation is not required
to provide disclosure on its mineral properties under the SEC Modernization Rules and will continue to provide disclosure under NI 43-101
and the CIM Definition Standards. Accordingly, mineral reserve and mineral resource information contained or incorporated by reference
herein may not be comparable to similar information disclosed by United States companies subject to the United States federal securities
laws and the rules and regulations thereunder.
As a result of the adoption of the SEC Modernization
Rules, the SEC now recognizes estimates of "measured mineral resources", "indicated mineral resources" and "inferred
mineral resources." In addition, the SEC has amended its definitions of "proven mineral reserves" and "probable mineral
reserves" to be "substantially similar" to the corresponding CIM Definition Standards that are required under NI 43-101.
While the SEC will now recognize "measured mineral resources", "indicated mineral resources" and "inferred mineral
resources", U.S. investors should not assume that all or any part of the mineralization in these categories will be converted into
a higher category of mineral resources or into mineral reserves without further work and analysis. Mineralization described using these
terms has a greater amount of uncertainty as to its existence and feasibility than mineralization that has been characterized as reserves.
Accordingly, U.S. investors are cautioned not to assume that all or any measured mineral resources, indicated mineral resources, or inferred
mineral resources that the Company reports are or will be economically or legally mineable without further work and analysis. Further,
"inferred mineral resources" have a greater amount of uncertainty and as to whether they can be mined legally or economically.
Therefore, U.S. investors are also cautioned not to assume that all or any part of inferred mineral resources will be upgraded to a higher
category without further work and analysis. Under Canadian securities laws, estimates of "inferred mineral resources" may not
form the basis of feasibility or pre-feasibility studies, except in rare cases. While the above terms are "substantially similar"
to CIM Definitions, there are differences in the definitions under the SEC Modernization Rules and the CIM Definition Standards. Accordingly,
there is no assurance any mineral reserves or mineral resources that the Company may report as "proven mineral reserves", "probable
mineral reserves", "measured mineral resources", "indicated mineral resources" and "inferred mineral resources"
under NI 43-101 would be the same had the Company prepared the reserve or resource estimates under the standards adopted under the SEC
Modernization Rules or under the prior standards of SEC Industry Guide 7.
Appendix: Drill Results
Table 1: Composite Drill Results (Composites Ox/Tr
0.17g/t Au cog & Sx 0.50g/t Au cog)
HOLE-ID |
From
(m) |
To
(m) |
Core
Length
(m) |
True
Width |
Au
(g/t) |
CN
Rec
(%) |
Au
GXM |
Oxide
Domain |
Including
0.5g/t Au COG |
Including
1g/t Au COG |
Including
2g/t Au COG |
Including
10g/t Au HG |
AP24-02 |
146.30 |
164.59 |
18.3 |
N/C |
0.25 |
71.2 |
4.53 |
Oxide |
1.52m @ 0.59g/t Au &
91.2% CN Rec |
|
|
|
AP24-02 |
195.07 |
196.60 |
1.5 |
N/C |
0.21 |
81.7 |
0.32 |
Oxide |
|
|
|
|
AP24-02 |
201.17 |
202.69 |
1.5 |
N/C |
0.18 |
79.5 |
0.27 |
Oxide |
|
|
|
|
AP24-02 |
205.74 |
207.26 |
1.5 |
N/C |
0.18 |
90.4 |
0.27 |
Oxide |
|
|
|
|
AP24-04 |
19.81 |
21.34 |
1.5 |
N/C |
0.17 |
80.9 |
0.26 |
Oxide |
|
|
|
|
AP24-04 |
150.88 |
153.92 |
3.0 |
N/C |
1.59 |
1.3 |
4.85 |
Sulphide |
|
1.52m @ 2.41g/t Au &
0.6% CN Rec |
1.52m @ 2.41g/t Au &
0.6% CN Rec |
|
AP24-04 |
160.02 |
163.07 |
3.0 |
N/C |
1.05 |
10.1 |
3.21 |
Sulphide |
|
3.05m @ 1.05g/t Au &
10.1% CN Rec |
|
|
AP24-04 |
175.26 |
176.78 |
1.5 |
N/C |
0.23 |
57.8 |
0.34 |
Oxide |
|
|
|
|
AP24-04 |
178.31 |
179.83 |
1.5 |
N/C |
0.17 |
40.7 |
0.26 |
Oxide |
|
|
|
|
AP24-04 |
188.98 |
192.02 |
3.0 |
N/C |
0.35 |
60.7 |
1.07 |
Oxide |
1.52m @ 0.52g/t Au &
67.6% CN Rec |
|
|
|
AP24-06 |
131.06 |
132.59 |
1.5 |
N/C |
1.11 |
46.0 |
1.69 |
Oxide |
1.52m @ 1.11g/t Au &
46% CN Rec |
1.52m @ 1.11g/t Au &
46% CN Rec |
|
|
AP24-06 |
132.59 |
137.16 |
4.6 |
N/C |
0.58 |
13.7 |
2.67 |
Sulphide |
|
|
|
|
AP24-06 |
138.68 |
140.21 |
1.5 |
N/C |
1.19 |
42.2 |
1.81 |
Oxide |
1.52m @ 1.18g/t Au &
42.2% CN Rec |
1.52m @ 1.18g/t Au &
42.2% CN Rec |
|
|
BW24-01 |
103.63 |
105.16 |
1.5 |
N/C |
0.23 |
99.1 |
0.35 |
Oxide |
|
|
|
|
BW24-01 |
112.78 |
178.31 |
65.5 |
N/C |
1.16 |
96.0 |
76.07 |
Oxide |
50.29m @ 1.46g/t Au &
96% CN Rec |
12.19m @ 2.41g/t Au &
97.2% CN Rec
24.38m @ 1.57g/t Au &
98.2% CN Rec |
10.67m @ 2.6g/t Au &
97.8% CN Rec
7.62m @ 2.13g/t Au &
98.3% CN Rec |
|
BW24-01 |
184.40 |
187.45 |
3.0 |
N/C |
0.30 |
98.6 |
0.91 |
Oxide |
|
|
|
|
BW24-01 |
190.50 |
192.02 |
1.5 |
N/C |
0.22 |
93.8 |
0.34 |
Oxide |
|
|
|
|
BW24-01 |
196.60 |
198.12 |
1.5 |
N/C |
0.34 |
99.7 |
0.52 |
Oxide |
|
|
|
|
BW24-01 |
210.31 |
211.84 |
1.5 |
N/C |
0.21 |
95.2 |
0.32 |
Oxide |
|
|
|
|
DS24-11 |
199.64 |
201.17 |
1.5 |
N/C |
0.95 |
92.6 |
1.45 |
Oxide |
1.52m @ 0.95g/t Au &
92.6% CN Rec |
|
|
|
DS24-12 |
201.17 |
210.31 |
9.1 |
N/C |
1.08 |
9.7 |
9.86 |
Sulphide |
|
9.14m @ 1.08g/t Au &
9.7% CN Rec |
1.52m @ 2.14g/t Au &
10.3% CN Rec |
|
DS24-12 |
240.79 |
243.84 |
3.0 |
N/C |
1.89 |
35.0 |
5.77 |
Sulphide |
|
3.05m @ 1.89g/t Au &
35% CN Rec |
1.52m @ 2.27g/t Au &
39.6% CN Rec |
|
DS24-12 |
252.98 |
254.51 |
1.5 |
N/C |
4.16 |
24.5 |
6.34 |
Sulphide |
|
1.52m @ 4.16g/t Au &
24.5% CN Rec |
1.52m @ 4.16g/t Au &
24.5% CN Rec |
|
DS24-12 |
254.51 |
256.03 |
1.5 |
N/C |
0.40 |
82.9 |
0.61 |
Oxide |
|
|
|
|
DS24-12 |
257.56 |
262.13 |
4.6 |
N/C |
0.61 |
24.0 |
2.79 |
Sulphide |
|
|
|
|
DS24-12 |
358.14 |
365.76 |
7.6 |
N/C |
1.05 |
9.0 |
8.01 |
Sulphide |
|
1.52m @ 2.37g/t Au &
5.5% CN Rec |
1.52m @ 2.37g/t Au &
5.5% CN Rec |
|
DSC24-02 |
160.63 |
195.38 |
34.7 |
18.62 |
2.68 |
92.8 |
92.99 |
Oxide |
20.42m @ 4g/t Au &
86.6% CN Rec |
13.56m @ 5.85g/t Au &
80.7% CN Rec |
11.28m @ 6.85g/t Au &
77.4% CN Rec |
2.74m @ 11.93g/t Au &
93.9% CN Rec |
DSC24-03 |
89.00 |
90.53 |
1.5 |
1.05 |
0.26 |
97.3 |
0.39 |
Oxide |
|
|
|
|
DSC24-03 |
207.26 |
215.49 |
8.2 |
5.47 |
0.24 |
77.0 |
1.94 |
Oxide |
|
|
|
|
DSC24-03 |
221.59 |
229.21 |
7.6 |
5.07 |
1.41 |
81.0 |
10.76 |
Oxide |
6.1m @ 1.69g/t Au &
76.4% CN Rec |
6.1m @ 1.69g/t Au &
76.4% CN Rec |
1.52m @ 3.52g/t Au &
100% CN Rec |
|
DSC24-03 |
284.38 |
285.45 |
1.1 |
0.70 |
1.00 |
42.0 |
1.07 |
Oxide |
1.07m @ 1g/t Au &
42% CN Rec |
1.07m @ 1g/t Au &
42% CN Rec |
|
|
DSC24-03 |
288.04 |
289.56 |
1.5 |
1.00 |
0.86 |
16.4 |
1.30 |
Sulphide |
|
|
|
|
DSC24-04 |
85.04 |
86.56 |
1.5 |
N/C |
0.62 |
46.8 |
0.94 |
Oxide |
1.52m @ 0.62g/t Au &
46.8% CN Rec |
|
|
|
DSC24-04 |
93.57 |
103.78 |
10.2 |
N/C |
0.36 |
90.2 |
3.68 |
Oxide |
2.59m @ 0.56g/t Au &
97.7% CN Rec |
|
|
|
DSC24-04 |
112.47 |
133.35 |
20.9 |
N/C |
0.34 |
86.4 |
7.09 |
Oxide |
1.68m @ 0.71g/t Au &
77% CN Rec
1.68m @ 0.6g/t Au &
97.7% CN Rec |
|
|
|
DSC24-04 |
192.94 |
194.46 |
1.5 |
N/C |
0.54 |
46.6 |
0.82 |
Oxide |
1.52m @ 0.54g/t Au &
46.6% CN Rec |
|
|
|
DSC24-04 |
200.56 |
202.08 |
1.5 |
N/C |
0.31 |
65.6 |
0.46 |
Oxide |
|
|
|
|
DSC24-04 |
208.18 |
209.70 |
1.5 |
N/C |
0.25 |
52.6 |
0.38 |
Oxide |
|
|
|
|
DSC24-04 |
247.80 |
250.85 |
3.0 |
N/C |
1.11 |
45.0 |
3.37 |
Oxide |
3.05m @ 1.11g/t Au &
45% CN Rec |
1.52m @ 1.68g/t Au &
43.6% CN Rec |
|
|
DSC24-04 |
258.47 |
259.99 |
1.5 |
N/C |
0.62 |
24.3 |
0.94 |
Sulphide |
|
|
|
|
DSC24-04 |
270.66 |
272.19 |
1.5 |
N/C |
0.68 |
13.3 |
1.03 |
Sulphide |
|
|
|
|
DSC24-04 |
279.81 |
284.38 |
4.6 |
N/C |
0.61 |
12.1 |
2.81 |
Sulphide |
|
|
|
|
ELT24-01 |
118.87 |
120.40 |
1.5 |
N/C |
0.26 |
76.9 |
0.40 |
Oxide |
|
|
|
|
ELT24-03 |
99.06 |
111.25 |
12.2 |
N/C |
0.20 |
89.2 |
2.38 |
Oxide |
|
|
|
|
JW24-02 |
102.11 |
105.16 |
3.0 |
2.08 |
0.33 |
64.7 |
1.01 |
Oxide |
|
|
|
|
JW24-02 |
108.20 |
109.73 |
1.5 |
1.04 |
0.18 |
67.8 |
0.27 |
Oxide |
|
|
|
|
JW24-02 |
114.30 |
115.82 |
1.5 |
1.04 |
0.20 |
51.3 |
0.30 |
Oxide |
|
|
|
|
JW24-06 |
47.24 |
48.77 |
1.5 |
1.00 |
0.19 |
63.5 |
0.29 |
Oxide |
|
|
|
|
JW24-06 |
192.02 |
193.55 |
1.5 |
1.14 |
0.32 |
52.5 |
0.49 |
Oxide |
|
|
|
|
JW24-07 |
0.00 |
39.62 |
39.6 |
39.07 |
0.25 |
68.2 |
9.82 |
Oxide |
|
|
|
|
JW24-07 |
45.72 |
70.10 |
24.4 |
23.63 |
0.21 |
76.5 |
5.15 |
Oxide |
|
|
|
|
JW24-08 |
1.52 |
9.14 |
7.6 |
7.51 |
0.27 |
85.7 |
2.04 |
Oxide |
|
|
|
|
JW24-08 |
60.96 |
62.48 |
1.5 |
1.50 |
0.17 |
97.7 |
0.27 |
Oxide |
|
|
|
|
JW24-09 |
6.10 |
16.76 |
10.7 |
10.51 |
0.22 |
85.8 |
2.30 |
Oxide |
|
|
|
|
JW24-10 |
10.67 |
12.19 |
1.5 |
1.50 |
0.23 |
87.7 |
0.35 |
Oxide |
|
|
|
|
JW24-11 |
1.52 |
32.00 |
30.5 |
29.26 |
0.40 |
92.9 |
12.22 |
Oxide |
12.19m @ 0.52g/t Au &
94% CN Rec |
|
|
|
JW24-11 |
45.72 |
57.91 |
12.2 |
11.95 |
0.18 |
93.2 |
2.15 |
Oxide |
|
|
|
|
JW24-11 |
65.53 |
71.63 |
6.1 |
5.97 |
0.19 |
90.1 |
1.19 |
Oxide |
|
|
|
|
JW24-11 |
77.72 |
79.25 |
1.5 |
1.49 |
0.21 |
66.7 |
0.32 |
Oxide |
|
|
|
|
JW24-12 |
35.05 |
36.58 |
1.5 |
1.50 |
0.22 |
60.5 |
0.33 |
Oxide |
|
|
|
|
JW24-12 |
41.15 |
42.67 |
1.5 |
1.49 |
0.19 |
46.4 |
0.30 |
Oxide |
|
|
|
|
JW24-12 |
47.24 |
48.77 |
1.5 |
1.49 |
0.22 |
54.8 |
0.33 |
Oxide |
|
|
|
|
JW24-12 |
54.86 |
57.91 |
3.0 |
2.98 |
0.20 |
50.0 |
0.61 |
Oxide |
|
|
|
|
JW24-12 |
74.68 |
86.87 |
12.2 |
11.89 |
0.22 |
60.5 |
2.62 |
Oxide |
|
|
|
|
JW24-13 |
12.19 |
25.91 |
13.7 |
13.51 |
0.23 |
90.5 |
3.16 |
Oxide |
|
|
|
|
JW24-13 |
32.00 |
35.05 |
3.0 |
3.00 |
0.42 |
96.2 |
1.29 |
Oxide |
|
|
|
|
JW24-13 |
50.29 |
54.86 |
4.6 |
4.46 |
0.20 |
95.3 |
0.91 |
Oxide |
|
|
|
|
JW24-13 |
70.10 |
77.72 |
7.6 |
7.38 |
0.21 |
100.0 |
1.61 |
Oxide |
|
|
|
|
JW24-14 |
3.05 |
6.10 |
3.0 |
3.00 |
0.20 |
80.4 |
0.62 |
Oxide |
|
|
|
|
JW24-14 |
13.72 |
15.24 |
1.5 |
1.50 |
0.30 |
92.7 |
0.46 |
Oxide |
|
|
|
|
JW24-15 |
1.52 |
4.57 |
3.0 |
2.99 |
0.25 |
88.3 |
0.75 |
Oxide |
|
|
|
|
JW24-15 |
25.91 |
42.67 |
16.8 |
16.45 |
0.19 |
95.4 |
3.14 |
Oxide |
|
|
|
|
JW24-16 |
3.05 |
6.10 |
3.0 |
3.00 |
0.26 |
86.5 |
0.78 |
Oxide |
|
|
|
|
JW24-16 |
24.38 |
25.91 |
1.5 |
1.49 |
0.24 |
100.0 |
0.36 |
Oxide |
|
|
|
|
JW24-16 |
83.82 |
91.44 |
7.6 |
7.41 |
0.32 |
86.3 |
2.45 |
Oxide |
1.52m @ 0.55g/t Au &
96.7% CN Rec |
|
|
|
JW24-17 |
62.48 |
64.01 |
1.5 |
1.49 |
0.17 |
46.0 |
0.27 |
Oxide |
|
|
|
|
JW24-17 |
71.63 |
73.15 |
1.5 |
1.49 |
0.18 |
93.4 |
0.28 |
Oxide |
|
|
|
|
JW24-17 |
89.92 |
91.44 |
1.5 |
1.50 |
0.23 |
100.0 |
0.35 |
Oxide |
|
|
|
|
JW24-18 |
9.14 |
12.19 |
3.0 |
2.99 |
0.21 |
96.3 |
0.65 |
Oxide |
|
|
|
|
JW24-18 |
30.48 |
51.82 |
21.3 |
20.87 |
0.20 |
81.8 |
4.25 |
Oxide |
|
|
|
|
JW24-18 |
60.96 |
68.58 |
7.6 |
7.41 |
0.40 |
78.9 |
3.03 |
Oxide |
1.52m @ 1.15g/t Au &
93.2% CN Rec |
1.52m @ 1.15g/t Au &
93.2% CN Rec |
|
|
JW24-19 |
35.05 |
41.15 |
6.1 |
5.99 |
0.24 |
95.0 |
1.45 |
Oxide |
|
|
|
|
JW24-19 |
73.15 |
74.68 |
1.5 |
1.49 |
0.20 |
83.3 |
0.31 |
Oxide |
|
|
|
|
JW24-19 |
86.87 |
88.39 |
1.5 |
1.48 |
0.24 |
78.8 |
0.37 |
Oxide |
|
|
|
|
MU24-03 |
59.44 |
73.15 |
13.7 |
N/C |
0.28 |
73.5 |
3.79 |
Oxide |
1.52m @ 0.58g/t Au &
78.8% CN Rec |
|
|
|
PC24-02 |
130.15 |
185.32 |
55.2 |
38.56 |
1.04 |
75.2 |
57.10 |
Oxide |
26.82m @ 0.77g/t Au &
75.3% CN Rec
12.04m @ 2.67g/t Au &
81.4% CN Rec |
3.51m @ 1.53g/t Au &
70.6% CN Rec
11.13m @ 2.86g/t Au &
80.5% CN Rec |
9.6`m @ 3.02g/t Au &
79.7% CN Rec |
|
PRMW24-02 |
57.91 |
59.44 |
1.5 |
1.45 |
0.18 |
72.6 |
0.27 |
Oxide |
|
|
|
|
PRMW24-02 |
71.63 |
73.15 |
1.5 |
1.46 |
0.19 |
100.0 |
0.29 |
Oxide |
|
|
|
|
PRMW24-02 |
109.73 |
111.25 |
1.5 |
1.46 |
0.28 |
97.5 |
0.42 |
Oxide |
|
|
|
|
PRMW24-03 |
96.01 |
126.49 |
30.5 |
28.65 |
0.81 |
91.4 |
24.74 |
Oxide |
12.19m @ 1.69g/t Au & 84.6% CN Rec
1.52m @ 0.51g/t Au & 100.0% CN Rec |
10.67m @ 1.83g/t Au &
88.6% CN Rec |
4.57m @ 2.93g/t Au &
87.6% CN Rec |
|
PRMW24-03 |
146.30 |
172.21 |
25.9 |
24.35 |
0.31 |
79.9 |
7.93 |
Oxide |
1.52m @ 0.52g/t Au & 93% CN Rec
3.05m @ 0.59g/t Au & 73.9% CN Rec |
|
|
|
PRMW24-03A |
83.82 |
89.92 |
6.1 |
5.96 |
0.21 |
61.3 |
1.25 |
Oxide |
|
|
|
|
PRMW24-03A |
114.30 |
188.98 |
74.7 |
72.81 |
1.54 |
75.6 |
115.26 |
Oxide |
25.91m @ 1.21g/t Au &
72.2% CN Rec
7.62m @ 0.64g/t Au &
67.4% CN Rec
9.14m @ 7.46g/t Au &
86.8% CN Rec
1.52m @ 1.21g/t Au &
63.6% CN Rec |
7.62m @ 1.67g/t Au &
76.8% CN Rec
7.62m @ 1.64g/t Au &
67% CN Rec
9.14m @ 7.46g/t Au &
86.8% CN Rec
1.52m @ 1.21g/t Au &
63.6% CN Rec |
1.52m @ 2.18g/t Au &
87.1% CN Rec
1.52m @ 3.9g/t Au &
79.6% CN Rec
4.57m @ 13.67g/t Au &
94.5% CN Rec |
4.57m @ 13.67g/t Au &
94.5% CN Rec |
PS24-01 |
16.76 |
39.62 |
22.9 |
N/C |
0.21 |
56.2 |
4.91 |
Oxide |
|
|
|
|
RBN24-01 |
1.52 |
3.05 |
1.5 |
N/C |
0.19 |
62.8 |
0.29 |
Oxide |
|
|
|
|
RBN24-01 |
22.86 |
38.10 |
15.2 |
N/C |
0.17 |
65.4 |
2.62 |
Oxide |
|
|
|
|
RBN24-01 |
54.86 |
60.96 |
6.1 |
N/C |
0.20 |
57.7 |
1.20 |
Oxide |
|
|
|
|
RBN24-01 |
71.63 |
77.72 |
6.1 |
N/C |
0.17 |
72.4 |
1.06 |
Oxide |
|
|
|
|
RBN24-02 |
74.68 |
76.20 |
1.5 |
N/C |
0.22 |
67.3 |
0.34 |
Oxide |
|
|
|
|
RBN24-03 |
112.78 |
114.30 |
1.5 |
N/C |
0.23 |
52.9 |
0.35 |
Oxide |
|
|
|
|
RBN24-05 |
15.24 |
16.76 |
1.5 |
N/C |
0.30 |
73.6 |
0.46 |
Oxide |
|
|
|
|
RBN24-05 |
24.38 |
33.53 |
9.1 |
N/C |
0.46 |
64.9 |
4.22 |
Oxide |
4.57m @ 0.59g/t Au &
64.9% CN Rec |
1.52m @ 1.06g/t Au &
79.6% CN Rec |
|
|
RBN24-05 |
45.72 |
62.48 |
16.8 |
N/C |
0.21 |
71.2 |
3.49 |
Oxide |
|
|
|
|
RBN24-06 |
28.96 |
30.48 |
1.5 |
N/C |
0.18 |
87.4 |
0.28 |
Oxide |
|
|
|
|
RBN24-06 |
38.10 |
44.20 |
6.1 |
N/C |
0.21 |
85.2 |
1.26 |
Oxide |
|
|
|
|
RBN24-06 |
64.01 |
68.58 |
4.6 |
N/C |
0.21 |
86.9 |
0.94 |
Oxide |
|
|
|
|
RBN24-07 |
10.67 |
16.76 |
6.1 |
N/C |
0.18 |
55.1 |
1.13 |
Oxide |
|
|
|
|
RBN24-08 |
1.52 |
4.57 |
3.0 |
N/C |
0.20 |
91.9 |
0.61 |
Oxide |
|
|
|
|
RBN24-08 |
48.77 |
50.29 |
1.5 |
N/C |
0.26 |
95.8 |
0.40 |
Oxide |
|
|
|
|
RBN24-08 |
59.44 |
60.96 |
1.5 |
N/C |
0.19 |
99.0 |
0.29 |
Oxide |
|
|
|
|
RBN24-08 |
179.83 |
181.36 |
1.5 |
N/C |
0.18 |
98.9 |
0.28 |
Oxide |
|
|
|
|
RR24-02 |
35.05 |
36.58 |
1.5 |
N/C |
1.92 |
0.8 |
2.92 |
Sulphide |
|
1.52m @ 1.92g/t Au &
0.8% CN Rec |
|
|
RR24-02 |
123.44 |
128.02 |
4.6 |
N/C |
0.94 |
1.7 |
4.31 |
Sulphide |
|
1.52m @ 1.22g/t Au &
1.2% CN Rec |
|
|
RR24-03 |
152.40 |
193.55 |
41.1 |
N/C |
1.89 |
5.7 |
77.88 |
Sulphide |
|
33.53m @ 2.17g/t Au &
5.9% CN Rec |
21.34m @ 2.28g/t Au &
6.2% CN Rec
3.05m @ 2.09g/t Au &
3.6% CN Rec |
|
ST24-01 |
7.62 |
9.14 |
1.5 |
N/C |
0.23 |
80.0 |
0.34 |
Oxide |
|
|
|
|
ST24-02 |
1.52 |
3.05 |
1.5 |
N/C |
0.28 |
96.8 |
0.43 |
Oxide |
|
|
|
|
ST24-03 |
9.14 |
56.39 |
47.2 |
N/C |
0.19 |
78.6 |
8.88 |
Oxide |
|
|
|
|
ST24-06 |
64.01 |
65.53 |
1.5 |
N/C |
0.20 |
97.4 |
0.30 |
Oxide |
|
|
|
|
ST24-06 |
67.06 |
68.58 |
1.5 |
N/C |
0.17 |
87.7 |
0.26 |
Oxide |
|
|
|
|
ST24-06 |
77.72 |
79.25 |
1.5 |
N/C |
0.20 |
95.0 |
0.30 |
Oxide |
|
|
|
|
ST24-06 |
83.82 |
85.34 |
1.5 |
N/C |
0.17 |
87.7 |
0.26 |
Oxide |
|
|
|
|
ST24-06 |
86.87 |
88.39 |
1.5 |
N/C |
0.17 |
92.0 |
0.27 |
Oxide |
|
|
|
|
ST24-07 |
38.10 |
39.62 |
1.5 |
N/C |
0.21 |
84.1 |
0.33 |
Oxide |
|
|
|
|
ST24-07 |
42.67 |
44.20 |
1.5 |
N/C |
0.17 |
74.7 |
0.27 |
Oxide |
|
|
|
|
ST24-07 |
45.72 |
47.24 |
1.5 |
N/C |
0.22 |
64.2 |
0.33 |
Oxide |
|
|
|
|
ST24-07 |
83.82 |
85.34 |
1.5 |
N/C |
0.18 |
66.3 |
0.28 |
Oxide |
|
|
|
|
ST24-07 |
88.39 |
89.92 |
1.5 |
N/C |
0.46 |
77.8 |
0.71 |
Oxide |
|
|
|
|
ST24-10 |
16.76 |
42.67 |
25.9 |
N/C |
0.28 |
85.1 |
7.26 |
Oxide |
1.52m @ 0.67g/t Au &
84.1% CN Rec
1.52m @ 0.93g/t Au &
85.7% CN Rec |
|
|
|
ST24-10 |
56.39 |
57.91 |
1.5 |
N/C |
0.23 |
82.6 |
0.35 |
Oxide |
|
|
|
|
ST24-11 |
19.81 |
21.34 |
1.5 |
N/C |
0.28 |
60.5 |
0.43 |
Oxide |
|
|
|
|
ST24-11 |
32.00 |
38.10 |
6.1 |
N/C |
0.17 |
64.0 |
1.06 |
Oxide |
|
|
|
|
ST24-11 |
70.10 |
71.63 |
1.5 |
N/C |
0.38 |
75.5 |
0.59 |
Oxide |
|
|
|
|
ST24-11 |
85.34 |
99.06 |
13.7 |
N/C |
0.64 |
83.8 |
8.76 |
Oxide |
9.14m @ 0.78g/t Au &
84.3% CN Rec |
1.52m @ 1.2g/t Au &
74.2% CN Rec |
|
|
Criteria: Cut off grade Ox/Tr 0.17g/t Au & Sx 0.50g/t Au, minimum length 1.5m, maximum consecutive internal waste 6m |
N/C : not calculated due to insufficent control on orientation of mineralization |
Table 2: Skarn Target Drill Results
HOLE-ID |
From
(m) |
To
(m) |
Core
Length
(m) |
Au g/t |
Ag g/t |
Cu
% |
Pb
% |
Zn
% |
Mo
ppm |
Including |
& Including |
& Including |
RRB24-01 |
1.52 |
57.91 |
56.4 |
0.03 |
21.1 |
0.22 |
0.10 |
0.39 |
134 |
36.6m @ 0.04g/t Au,
30.9g/t Ag, 0.33% Cu,
0.15% Pb, 0.58% Zn,
188ppm Mo |
1.5m @ 0.03g/t Au,
68.4g/t Ag, 0.12% Cu,
0.47% Pb, 0.36% Zn,
911ppm Mo
9.1m @ 0.09g/t Au,
75.5g/t Ag, 1.12% Cu,
0.27% Pb, 1.65% Zn,
240ppm Mo |
1.5m @ 0.12g/t Au, 354g/t Ag,
4.55% Cu, 0.59% Pb,
1.46% Zn, 751ppm Mo |
RRB24-03 |
30.48 |
33.53 |
3.0 |
0.02 |
3.9 |
0.06 |
<0.005 |
0.04 |
2 |
|
|
|
RRB24-03 |
54.86 |
64.01 |
9.1 |
0.00 |
3.1 |
0.06 |
0.01 |
0.11 |
3 |
|
|
|
RRB24-03 |
73.15 |
100.58 |
27.4 |
0.01 |
9.6 |
0.11 |
0.03 |
0.12 |
8 |
9.1m @ 0.01g/t Au,
16g/t Ag, 0.2% Cu,
0.05% Pb, 0.24% Zn,
3ppm Mo |
|
|
RRB24-03 |
118.87 |
128.02 |
9.1 |
0.01 |
4.5 |
0.13 |
0.01 |
0.05 |
11 |
|
|
|
RRB24-03 |
451.10 |
461.16 |
10.1 |
0.05 |
3.6 |
0.02 |
0.09 |
0.08 |
22 |
|
|
|
Table 3: South Carlin Complex Drill Hole Collars
Drillhole |
Target |
Hole type |
Grid |
Easting |
Northing |
Elevation |
Azimuth |
Dip |
Depth
(m) |
AP24-01 |
Appaloosa |
RC |
NAD27 / UTM zone 11N |
587127.5 |
4468346.38 |
2164.1 |
160.0 |
-60.0 |
198.1 |
AP24-02 |
Appaloosa |
RC |
NAD27 / UTM zone 11N |
587015.9 |
469312.57 |
215.4 |
180.0 |
-50.0 |
268.2 |
AP24-03 |
Appaloosa |
RC |
NAD27 / UTM zone 11N |
587211.2 |
4468458.64 |
2153.0 |
300.0 |
-60.0 |
198.1 |
AP24-04 |
Appaloosa |
RC |
NAD27 / UTM zone 11N |
586928.5 |
4469108.94 |
2214.9 |
90.0 |
-60.0 |
202.7 |
AP24-05 |
Appaloosa |
RC |
NAD27 / UTM zone 11N |
587018.2 |
4469314.39 |
2215.3 |
55.0 |
-60.0 |
213.4 |
AP24-06 |
Appaloosa |
RC |
NAD27 / UTM zone 11N |
587011.5 |
4469310.70 |
2215.5 |
245.0 |
-60.0 |
213.4 |
BW24-01 |
Bowl |
RC |
NAD27 / UTM zone 11N |
586296.6 |
4466953.96 |
2180.2 |
210.0 |
-70.0 |
228.6 |
DS24-07 |
Dark Star |
RC |
NAD27 / UTM zone 11N |
588265.8 |
4480330.97 |
1987.1 |
270.0 |
-60.0 |
365.8 |
DS24-08 |
Dark Star |
RC |
NAD27 / UTM zone 11N |
588300.6 |
4480146.54 |
1978.6 |
270.0 |
-60.0 |
320.0 |
DS24-09 |
Dark Star |
RC |
NAD27 / UTM zone 11N |
588198.6 |
4480352.21 |
2001.3 |
270.0 |
-60.0 |
335.3 |
DS24-10 |
Dark Star |
RC |
NAD27 / UTM zone 11N |
588169.7 |
4479972.49 |
2003.3 |
242.0 |
-65.0 |
335.3 |
DS24-11 |
Dark Star |
RC |
NAD27 / UTM zone 11N |
587505.1 |
4479481.19 |
2033.5 |
85.0 |
-55.0 |
243.8 |
DS24-12 |
Dark Star |
RC |
NAD27 / UTM zone 11N |
587501.3 |
4479481.51 |
2033.5 |
40.0 |
-63.0 |
365.8 |
DSC24-01 |
Dark Star |
DD |
NAD27 / UTM zone 11N |
588298.7 |
4480219.28 |
1983.6 |
270.0 |
-60.0 |
356.6 |
DSC24-02 |
Dark Star |
DD |
NAD27 / UTM zone 11N |
588172.9 |
4479973.98 |
2002.7 |
270.0 |
-70.0 |
320.0 |
DSC24-03 |
Dark Star |
DD |
NAD27 / UTM zone 11N |
587705.6 |
4479637.52 |
2029.6 |
77.0 |
-55.0 |
289.6 |
DSC24-04 |
Dark Star |
DD |
NAD27 / UTM zone 11N |
587704.5 |
4479638.91 |
2029.7 |
180.0 |
-80.0 |
289.6 |
ELT24-01 |
Elliot Dome |
RC |
NAD27 / UTM zone 11N |
586011.1 |
4473779.44 |
2617.7 |
270.0 |
-60.0 |
237.7 |
ELT24-02 |
Elliot Dome |
RC |
NAD27 / UTM zone 11N |
586169.1 |
4473651.96 |
2610.5 |
270.0 |
-60.0 |
254.5 |
ELT24-03 |
Elliot Dome |
RC |
NAD27 / UTM zone 11N |
586186.4 |
4472948.05 |
2610.1 |
270.0 |
-60.0 |
313.9 |
ELT24-04 |
Elliot Dome |
RC |
NAD27 / UTM zone 11N |
586249.8 |
4474044.38 |
2596.4 |
270.0 |
-60.0 |
176.8 |
JW24-01 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585300.9 |
4473619.82 |
2431.9 |
230.0 |
-60.0 |
198.1 |
JW24-02 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585389.4 |
4473742.67 |
2467.5 |
230.0 |
-60.0 |
198.1 |
JW24-03 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585400.0 |
4473744.77 |
2467.8 |
50.0 |
-60.0 |
198.1 |
JW24-04 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585596.5 |
4473835.12 |
2548.2 |
135.0 |
-60.0 |
88.4 |
JW24-05 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585567.8 |
4473582.43 |
2540.4 |
135.0 |
-60.0 |
129.5 |
JW24-06 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585561.7 |
4473596.46 |
2539.7 |
305.0 |
-60.0 |
198.1 |
JW24-07 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585531.4 |
4473168.30 |
2542.2 |
45.0 |
-70.0 |
91.4 |
JW24-08 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585231.4 |
4472944.54 |
2454.1 |
45.0 |
-70.0 |
91.4 |
JW24-09 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585216.1 |
4473053.78 |
2463.8 |
45.0 |
-70.0 |
91.4 |
JW24-10 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585186.9 |
4472861.45 |
2418.2 |
45.0 |
-70.0 |
91.4 |
JW24-11 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585151.2 |
4472943.29 |
2419.5 |
45.0 |
-70.0 |
91.4 |
JW24-12 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585141.3 |
4473063.19 |
2437.3 |
45.0 |
-70.0 |
91.4 |
JW24-13 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585085.5 |
4473060.05 |
2409.0 |
45.0 |
-70.0 |
91.4 |
JW24-14 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585124.0 |
4473408.41 |
2424.9 |
45.0 |
-70.0 |
91.4 |
JW24-15 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585092.9 |
4472851.66 |
2381.5 |
45.0 |
-70.0 |
91.4 |
JW24-16 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585089.2 |
4472941.39 |
2392.1 |
45.0 |
-70.0 |
91.4 |
JW24-17 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585009.2 |
4473053.21 |
2377.2 |
45.0 |
-70.0 |
91.4 |
JW24-18 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
585001.5 |
4472940.51 |
2358.0 |
45.0 |
-70.0 |
91.4 |
JW24-19 |
Jasperoid Wash |
RC |
NAD27 / UTM zone 11N |
584997.5 |
4472844.62 |
2342.6 |
45.0 |
-70.0 |
91.4 |
MU24-01 |
Mustang |
RC |
NAD27 / UTM zone 11N |
587109.1 |
4470099.37 |
2243.0 |
80.0 |
-50.0 |
298.7 |
MU24-02 |
Mustang |
RC |
NAD27 / UTM zone 11N |
586669.8 |
4470507.25 |
2360.6 |
235.0 |
-45.0 |
65.5 |
MU24-03 |
Mustang |
RC |
NAD27 / UTM zone 11N |
586856.6 |
4470281.99 |
2289.3 |
235.0 |
-55.0 |
243.8 |
PC24-02 |
Pinion |
DD |
NAD27 / UTM zone 11N |
585197.0 |
4478681.72 |
2087.4 |
345.0 |
-78.0 |
228.6 |
PRMW24-01 |
Pinion |
PZ |
NAD27 / UTM zone 11N |
584510.3 |
4479225.52 |
2130.8 |
0.0 |
-90.0 |
142.6 |
PRMW24-02 |
Pinion |
PZ |
NAD27 / UTM zone 11N |
584349.4 |
4479486.77 |
2093.7 |
0.0 |
-90.0 |
126.5 |
PRMW24-03 |
Pinion |
PZ |
NAD27 / UTM zone 11N |
585012.5 |
4479336.60 |
2200.0 |
0.0 |
-90.0 |
187.5 |
PRMW24-03A |
Pinion |
RC |
NAD27 / UTM zone 11N |
584975.4 |
4479408.26 |
2200.9 |
0.0 |
-90.0 |
193.5 |
PS24-01 |
Pony Spur |
RC |
NAD27 / UTM zone 11N |
584761.3 |
4468777.83 |
2027.9 |
320.0 |
-65.0 |
74.7 |
PS24-02 |
Pony Spur |
RC |
NAD27 / UTM zone 11N |
584868.0 |
4468312.86 |
2047.3 |
200.0 |
-60.0 |
149.4 |
PS24-03 |
Pony Spur |
RC |
NAD27 / UTM zone 11N |
584342.5 |
4468821.19 |
2032.7 |
30.0 |
-50.0 |
149.4 |
PS24-04 |
Pony Spur |
RC |
NAD27 / UTM zone 11N |
584579.9 |
4468960.56 |
1982.6 |
220.0 |
-50.0 |
152.4 |
PTR24-01 |
Porter |
RC |
NAD27 / UTM zone 11N |
587576.9 |
4473293.70 |
2315.5 |
90.0 |
-60.0 |
301.8 |
PTR24-02 |
Porter |
RC |
NAD27 / UTM zone 11N |
587841.4 |
4473342.36 |
2270.0 |
45.0 |
-50.0 |
6.1 |
PTR24-02A |
Porter |
RC |
NAD27 / UTM zone 11N |
587835.7 |
4473344.42 |
2270.5 |
45.0 |
-50.0 |
24.4 |
PTR24-02B |
Porter |
RC |
NAD27 / UTM zone 11N |
587835.7 |
4473344.42 |
2270.5 |
45.0 |
-50.0 |
301.8 |
RBN24-01 |
Robinson |
RC |
NAD27 / UTM zone 11N |
585285.0 |
4471679.02 |
2203.0 |
65.0 |
-60.0 |
198.1 |
RBN24-02 |
Robinson |
RC |
NAD27 / UTM zone 11N |
585289.3 |
4471680.19 |
2203.0 |
240.0 |
-70.0 |
301.8 |
RBN24-03 |
Robinson |
RC |
NAD27 / UTM zone 11N |
585828.0 |
4471418.77 |
2265.0 |
240.0 |
-70.0 |
128.0 |
RBN24-03B |
Robinson |
RC |
NAD27 / UTM zone 11N |
585828.0 |
4471418.77 |
2265.0 |
240.0 |
-70.0 |
326.1 |
RBN24-04 |
Robinson |
RC |
NAD27 / UTM zone 11N |
585836.4 |
4471417.47 |
2264.6 |
65.0 |
-60.0 |
198.1 |
RBN24-05 |
Robinson |
RC |
NAD27 / UTM zone 11N |
585578.9 |
4471244.95 |
2204.8 |
240.0 |
-70.0 |
274.3 |
RBN24-06 |
Robinson |
RC |
NAD27 / UTM zone 11N |
585590.5 |
4471248.27 |
2205.9 |
65.0 |
-60.0 |
198.1 |
RBN24-07 |
Robinson |
RC |
NAD27 / UTM zone 11N |
585087.7 |
4471538.98 |
2155.4 |
235.0 |
-60.0 |
198.1 |
RBN24-08 |
Robinson |
RC |
NAD27 / UTM zone 11N |
585092.9 |
4471543.21 |
2155.7 |
65.0 |
-60.0 |
198.1 |
RR24-01 |
North Bullion |
RC |
NAD27 / UTM zone 11N |
584858.8 |
4488442.50 |
2064.3 |
314.0 |
-65.0 |
249.9 |
RR24-02 |
North Bullion |
RC |
NAD27 / UTM zone 11N |
584863.5 |
4488606.85 |
2028.3 |
335.0 |
-68.0 |
249.9 |
RR24-03 |
North Bullion |
RC |
NAD27 / UTM zone 11N |
584865.8 |
4488606.94 |
2028.4 |
165.7 |
-56.0 |
231.6 |
RRB24-01 |
Skarn |
RC |
NAD27 / UTM zone 11N |
583570.2 |
4485519.84 |
2413.1 |
260.0 |
-65.0 |
659.9 |
RRB24-02 |
Skarn |
RC |
NAD27 / UTM zone 11N |
581088.0 |
4486319.93 |
2340.2 |
220.0 |
-65.0 |
396.2 |
RRB24-03 |
Skarn |
RC |
NAD27 / UTM zone 11N |
583135.6 |
4484606.97 |
2276.4 |
162.0 |
-60.0 |
461.2 |
RRC24-01 |
North Bullion |
RC/DD |
NAD27 / UTM zone 11N |
584889.6 |
4489054.09 |
1968.6 |
230.0 |
-60.0 |
279.5 |
RRC24-02 |
North Bullion |
RC/DD |
NAD27 / UTM zone 11N |
584887.8 |
4489054.18 |
1968.7 |
200.0 |
-80.0 |
213.4 |
ST24-01 |
Stallion Bowl |
RC |
NAD27 / UTM zone 11N |
585860.9 |
4469469.35 |
2178.9 |
90.0 |
-60.0 |
198.1 |
ST24-02 |
Stallion Bowl |
RC |
NAD27 / UTM zone 11N |
585883.6 |
4469607.74 |
2130.7 |
60.0 |
-60.0 |
249.9 |
ST24-03 |
Stallion |
RC |
NAD27 / UTM zone 11N |
585796.1 |
4470125.21 |
2171.5 |
120.0 |
-50.0 |
149.4 |
ST24-04 |
Stallion |
RC |
NAD27 / UTM zone 11N |
586031.6 |
4470268.59 |
2303.6 |
250.0 |
-60.0 |
173.7 |
ST24-05 |
Stallion |
RC |
NAD27 / UTM zone 11N |
586047.1 |
4470069.15 |
2235.5 |
280.0 |
-68.0 |
118.9 |
ST24-06 |
Stallion |
RC |
NAD27 / UTM zone 11N |
586064.5 |
4469941.61 |
2177.5 |
280.0 |
-60.0 |
198.1 |
ST24-07 |
Stallion |
RC |
NAD27 / UTM zone 11N |
585802.4 |
4469984.67 |
2130.4 |
90.0 |
-50.0 |
198.1 |
ST24-08 |
Stallion |
RC |
NAD27 / UTM zone 11N |
585836.2 |
4469826.44 |
2101.7 |
90.0 |
-60.0 |
198.1 |
ST24-09 |
Stallion Bowl |
RC |
NAD27 / UTM zone 11N |
586181.9 |
4467850.68 |
2209.3 |
90.0 |
-60.0 |
198.1 |
ST24-10 |
Stallion Bowl |
RC |
NAD27 / UTM zone 11N |
586275.8 |
4468031.32 |
2261.5 |
90.0 |
-60.0 |
198.1 |
ST24-11 |
Stallion Bowl |
RC |
NAD27 / UTM zone 11N |
586196.8 |
4468686.25 |
2310.6 |
90.0 |
-60.0 |
198.1 |
SOURCE Orla Mining Ltd.
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%CIK: 0001680056
For further information: For further information, please contact:
Jason Simpson, President & Chief Executive Officer; Andrew Bradbury, Vice President, Investor Relations & Corporate Development,
www.orlamining.com, infoatorlamining.com
CO: Orla Mining Ltd.
CNW 06:00e 25-FEB-25
Orla Mining (AMEX:ORLA)
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