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Orla Mining Ltd.
Summary
| Project: | Cerro Quema | |
|---|---|---|
| Deposit: | Caballito | |
| Location: | Panama | |
| Commodities: | Gold-Copper | |
| Date: | 1/8/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-1-2018: Orla Mining Ltd. announces an Exploration/Drilling Update report for its Caballito deposit at the Cerro Quema project. Drilling results incl. 102.5m @ 0.46g/t Au, 1.21% Cu from 71.5m. VANCOUVER, BC - (Marketwired – January 8th, 2018) - Orla Mini | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Hans Smit (Internal) | |
| ABSTRACT: | VANCOUVER, BC - (Marketwired – January 8th, 2018) - Orla Mining Ltd. (TSX VENTURE: OLA) ("Orla" or the "Company") is pleased to provide new results from the 2017 drill program at its wholly owned Cerro Quema project in Panama. Highlights are from the last two holes drilled in the Caballito Copper-Gold zone. Hole CQDH17-148 intersected 102.5 metres grading 0.46 g/t Au and 1.21% Cu and hole CQDH17-142 intersected 87.9m grading 0.36 g/t Au and 0.74% Cu and 52.8m grading 0.2 g/t Au and 0.52% Cu. Results from holes CQDH17-142 through 150 are reported herein. Hole CQDH17-142 was drilled 100m north of previously reported CQDH17-136 which intersected 158.7 metres grading 0.62 g/t Au and 0.62% Cu (see NR dated November 30, 2017). In CQDH17-142, an upper intersection from 81.1 to 169.0m averaged 0.36 g/t Au and 0.74% Cu. This included two intervals of high copper values; 9.5m @ 0.61 g/t Au and 2.07% Cu and 4.1m @ 0.59 g/t Au and 3.29% Cu. A weakly mineralized dyke separated the upper intersection from a lower intersection from 194.7 to 247.5m averaging 0.2 g/t Au and 0.52% Cu. | |
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