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Orla Mining Ltd.

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Summary

Project:

Camino Rojo

Deposit:Camino Rojo
Location:Mexico
Commodities:Gold-Silver
Date:1/26/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:26-1-2018: Orla Mining Ltd. announces an Exploration/Drilling Update report for its Camino Rojo deposit at the Camino Rojo project. Technical report of the property. Orla Mining Ltd. (Orla) contracted Resource Geosciences Incorporated and Kappes, Cassiday
Resources:x
CP/QP:[Overall Report]: Matthew D. Gray (Resource Geosciences Inc.)
ABSTRACT:Orla Mining Ltd. (Orla) contracted Resource Geosciences Incorporated and Kappes, Cassiday & Associates to prepare this technical report on their Camino Rojo, Zacatecas project. Orla has not completed exploration or development work on the project, thus this report, which has been prepared to comply with the disclosure and reporting requirements of CSA NI43-101, describes the historical work completed at the project and recommends additional work to further advance the project. The effective date of this report is 24 January 2018. The Camino Rojo project is located in the Municipality of Mazapil, State of Zacatecas, near the village of San Tiburcio. The project lies 190km NE of the city of Zacatecas, 48km S-SW of the town of Concepcion del Oro, Zacatecas, and 54km S-SE of Goldcorp’s Peñasquito Mine. The project area is centered at approximately 244150E 2675900N UTM NAD27 Zone 14N. The Camino Rojo deposit is an intrusive related, polymetallic, intermediate sulphidation distal skarn Au, Ag, Zn, and Pb deposit. For purposes of this evaluation, only Au and Ag are of potential significance. The project mineral rights are held in 8 mining concessions covering approximately 2,059 square kilometers. Surface rights are held by the Ejido San Tiburcio, a communal agrarian cooperative. Exploration has been carried out under the authority of agreements between the project operators and the Ejido San Tiburcio.

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