11:45 AM EDT, 10/06/2025 (MT Newswires) -- (Updates with stock price movement in the headline and the first paragraph.)

Orla Mining ( ORLA ) shares rose nearly 16% in recent Monday trading after the company said that drilling at its Musselwhite Mine confirmed a potential two-kilometer extension of the mine's main gold trend beyond current resources.

Drilling at the mine in Ontario intersected high-grade gold mineralization 1.6 kilometers along strike from current operations, including 4.1 meters at 15.1 grams per tonne of gold with visible gold observed, the company said.

Musselwhite has produced more than 6 million ounces of gold over 28 years and holds 1.5 million ounces in proven and probable reserves, Orla Mining ( ORLA ) said.

Price: 11.87, Change: +1.61, Percent Change: +15.69