お知らせ • Apr 11
Orla Mining Ltd. Discovers Additional High-Grade Zones At Musselwhite
Orla Mining Ltd. reported continued exploration success at the Musselwhite Mine. Directional drilling from surface has intersected additional high-grade gold mineralization on the extension of the Mine Trend, indicating the two distinct zones, Lynx (upper zone) and PQ (lower zone), continue as stacked, continuous horizons for at least two kilometres down plunge from current operations. This result significantly expands the resource potential of the deposit and indicates mineralization is broader and more continuous than previously understood. Underground exploration drilling continued to return strong gold intercepts across all priority zones, reinforcing confidence in potential to grow mineral resources, add reserves, and extend mine life. Near-mine surface drilling has also intersected new shallow mineralization at Camp Bay, highlighting satellite discovery potential close to existing infrastructure. Directional drilling confirms the PQ Extension zone, intersecting visible gold and high-grade results across multiple holes. These results support the interpretation that Lynx and PQ Extension occur as two stacked, continuous mineralized horizons along the Mine Trend. Exploration Highlights: Directional drilling confirms the PQ Extension zone, intersecting visible gold and high-grade results across multiple holes. 4.7 metres at 11.92 g/t Au, including 0.8 m at 29.3 g/t Au, 0.9 m at 15.4 g/t Au and 0.3 m at 18.7 g/t Au (26-NSD01-005W), 1.4 km from current operations. 3.5 metres at 5.11 g/t Au, including 0.6 m at 21.8 g/t Au and 0.3 m at 11.7 g/t Au (26-NSD02-006W), 1.6 km from current operations. Underground drilling continued to support reserve replacement and resource growth with multiple high-grade intersections from the West Limb, Lynx, and PQ zones. 11.5 metres at 11.0 g/t Au (25-WEL-010). 4.0 metres at 29.7 g/t Au (25-PQE-051). 6.8 metres at 14.2 g/t Au (25-LNX-070). 3.6 metres at 21.2 g/t Au (25-LNX-126). Near-mine surface drilling at Camp Bay intersected broad, shallow mineralization, highlighting potential for additional satellite mineralization near existing infrastructure. 37.4 metres at 1.84 g/t Au (26-CMP-006). 10.3 metres at 3.76 g/t Au (26-CMP-014). 31.4 metres at 1.11 g/t Au (26-CMP-003). 23.3 metres at 1.13 g/t Au (26-CMP-002). The deep directional surface drill program continues to target the northwest down-plunge extension of the Mine Trend. Orla's planned 30-hole program, initiated in late May 2025, is testing the extension of the Mine Trend up to two kilometres beyond current operations. To date, 17,668 metres of the program have been completed (5,291 metres in 2026) in 16 drill holes (six in 2026), with assay results received from 16 holes. This news release reports results from eight additional holes completed since the Company's December 18, 2025, press release. Two directional drill holes (Mother Hole #1 Daughter Hole #4 and Mother Hole #2 Daughter Hole #5) intersected the PQ Extension zone with visible gold in the targeted area, validating the interpreted geometry of the mineralized system. As reported in October 2025, Mother Hole #2 intersected what is now recognised as the Lynx zone higher on section, returning 4.1 metres at 15.1 g/t Au (25-NSD02-001). The cumulative positive assays and geological observations from the directional program support the current exploration model and the continuity of multiple mineralized zones along the corridor, consistent with those in the Mine area, supporting the potential for continued resource growth along the Mine Trend. By the end of 2026, the drill plan targets 200 metres spacing between sections, with holes spaced at 50 metres on section. While this spacing will not be sufficient for resource estimation, it will provide a reliable estimate of the potential ounce inventory to inform further work. The 2026 underground program is focused on the Redwings, Lynx, PQ Extension, and West Limb zones. The high-grade results support ongoing efforts to replace and expand resources and reserves. Five of the six active exploration rigs are focused on the Lynx and PQ Extension areas along the one-kilometre extension beyond current operations. More limited drilling is also underway across several mineralized zones in the upper parts of the mine, notably Redwings. Assay results from underground drilling completed in 2025 and in the first half of 2026 are expected to be incorporated into the year-end 2026 Mineral Resource update. Since the December 18, 2025, press release, 14,427 metres of drilling and 45 holes have been completed (12,546 metres and 41 holes in 2026), with assays received for 47 holes. A 7,400-metre near-mine surface drill program was initiated in mid-January to further test the potential for satellite mineralization near existing mine infrastructure (within 10 kilometres from the mill). The program is focused on the Camp Bay target area and a four-kilometre trend southeast of the Musselwhite Mine, with work on the 4 km trend planned to begin in the Second Quarter. The Camp Bay program tested the Southern Iron Formation synform and infill drilled between historical drill holes. Camp Bay drilling was completed in mid-March with 2,652 metres drilled across sixteen shallow holes (150 metres to 240 metres downhole length). Assays for fourteen holes have been received to date and returned broad, shallow intercepts, underscoring the low exploration maturity of the near mine target area and the potential to encounter new zones of mineralization close to existing infrastructure. Alongside its active drilling programs, Orla has advanced a regional data compilation initiative across the 65,000-hectare Musselwhite land package to unlock the full potential of its belt-scale position. Historical geological mapping, drilling, surface rock and soil sampling, and regional geophysical datasets have been integrated into a comprehensive geological database, with interpretation currently underway to identify high-priority regional drill targets and potential new discoveries. This regional work is designed to complement underground, Mine Trend extension, and near-mine drilling by highlighting emerging exploration opportunities across the broader Musselwhite property.