financetom
Business
financetom
/
Business
/
Orla Mining Reports New Intersections at Camino Rojo Sulphide Extension in Mexico
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Orla Mining Reports New Intersections at Camino Rojo Sulphide Extension in Mexico
Jun 26, 2024 4:45 AM

07:21 AM EDT, 06/26/2024 (MT Newswires) -- Orla Mining ( ORLA ) on Wednesday provided an update on exploration activities at the Camino Rojo sulphide extension in Mexico.

Highlights of the results include 6.16 grams per tonne (g/t) gold equivalent over 15 meters, 7.24 g/t gold equivalent over 6.6 meters and 4.12 g/t gold equivalent over 9.8 meters. Gold recovery rate was 86%.

The drill results indicate potential expansion of the Camino Rojo sulphide resource at depth, extending beyond the current mineral resource down plunge by 500 meters and down dip by 300 meters.

The rest of the exploration program will focus on extending mineralization from 0.5 to 1 kilometer down plunge of the current limit of mineral resources. This drilling is expected to test open mineralized trends and historical high-grade intersections to assess the broader potential of the Camino Rojo deposit.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Southern Company's Q1 Earnings, Revenue Rise
Southern Company's Q1 Earnings, Revenue Rise
May 25, 2025
06:21 AM EDT, 05/01/2025 (MT Newswires) -- Southern Company ( SO ) reported Q1 earnings Thursday of $1.21 per diluted share, up from $1.03 a year earlier. Analysts polled by FactSet expected $1.20. Total operating revenue for the quarter ended March 31 was $7.78 billion compared with $6.65 billion a year earlier. Analysts surveyed by FactSet expected $7.15 billion. ...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
New CEO at Buffett's HomeServices says buyers, sellers can handle tariffs, changes
New CEO at Buffett's HomeServices says buyers, sellers can handle tariffs, changes
May 25, 2025
OMAHA, Nebraska (Reuters) -The new chief executive of Berkshire Hathaway's ( BRK/A ) HomeServices of America said worries about the impact of tariffs on mortgage rates are weighing on home buyers and sellers, but were unlikely to significantly dent sales of existing homes. When mortgage rates are fluctuating because the underlying economy is fluctuating, it causes buyers and sellers to...
AltaGas Reports Slight Q1 Beat; Reiterates 2025 Guidance and
AltaGas Reports Slight Q1 Beat; Reiterates 2025 Guidance and "Robust" Long-term Growth Outlook
May 25, 2025
06:25 AM EDT, 05/01/2025 (MT Newswires) -- AltaGas ( ATGFF ) , trading at 52 week highs, on Thursday reported slightly better-than-expected earnings for the first quarter while reiterating 2025 guidance and a robust long term growth outlook. For Q1, the company reported normalized EPS of $1.15 in the first quarter of 2025 compared to $1.14 in the first quarter...
Copyright 2023-2026 - www.financetom.com All Rights Reserved