Orla Mining Ltd. Common Shares
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About
Orla Mining Ltd. Common Shares (ORLA) is a mining company headquartered in Vancouver, Canada. Incorporated in 2007, it acquires, explores, develops, and exploits mineral properties, with a focus on gold along with silver, zinc, lead, and copper deposits. The company was formerly known as Red Mile Minerals Corp. and changed its name to Orla Mining Ltd. in June 2015. It is known for advancing a set of gold focused projects across North and Central America.
The company holds several properties. It owns full interests in the Camino Rojo project, made up of seven concessions covering about 138,636 hectares in Zacatecas, Mexico; the Cerro Quema project, which totals around 15,000 hectares on the Azuero Peninsula in Panama; and the South Railroad project, covering roughly 21,000 hectares in Elko, Nevada. These holdings give the company exposure to more than one country and stage of development.
In addition to those wholly owned projects, Orla Mining Ltd. holds an interest related to the acquisition of the Musselwhite Gold Mine project in Ontario, Canada. This adds a further Canadian gold asset to its portfolio of properties.
The company's business runs from acquisition and exploration through development and exploitation of its mineral ground. By concentrating on gold while also pursuing silver, zinc, lead, and copper, and by spreading its projects across Mexico, Panama, Nevada, and Ontario, ORLA builds a diversified base of assets. Its results depend on how these projects advance and on prices for the metals it aims to produce, while its history under a former name and its incorporation in 2007 reflect an established footing in the mining sector.