TSX:OLAMetals and Mining
Orla Mining (TSX:OLA) Is Up 16.9% After Positive Large-Scale Underground PEA at Camino Rojo
On 19 February 2026, Orla Mining Ltd. reported a positive Preliminary Economic Assessment for a stand-alone underground project beneath its existing Camino Rojo open pit mine in Zacatecas, Mexico, outlining a potential long-life underground operation with an after-tax NPV5% of US$3.30 billion at a US$5,000/oz gold price.
The study highlights a capital-efficient growth option with a projected 10-year average of 215,000 ounces of annual gold production at an expected AISC of US$1,304 per...