Orla Mining (TSX: OLA)

Management reviewed the Q3 earnings and delivered a positive report on the construction of their Camino Rojo gold oxide mine construction in Mexico.

Everything is on track and on budget, with construction close to completion. A transcript of the call can be found here   […] 

 

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Orla Mining	TSX : OLA
Stage	Development
Metals	Gold
Market cap	C$1.38 Billion   @ C$5.59
Location	Zacatecas, Mexico + Panama

 

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Orla Mining (TSX: OLA) Management reviewed the September 2021 Q3 earnings, and delivered a positive report on the construction of their Camino Rojo gold oxide mine construction in Mexico.

Everything is on track and on budget, with construction close to completion.

A transcript of the Q3 call can be found HERE.

Orla have a healthy cash balance after having closed a C$35 million financing during the quarter.

The first gold pour is close and project execution this far has been excellent, especially when one considers it has been running through a pandemic, and Mexico has suffered badly.

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Disclosure

At the time of publishing the author holds shares in Orla Mining, bought in the market at the prevailing price on the day of purchase.

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