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Home.forex news reportOrla Mining (ORLA) Advances Musselwhite Operations

Orla Mining (ORLA) Advances Musselwhite Operations

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Orla Mining Ltd. (NYSEAMERICAN:ORLA) is one of the 13 Best Gold Mining Companies to Invest In Now. On December 10, TipRanks reported that RBC Capital kept its Buy rating on Orla Mining Ltd. (NYSEAMERICAN:ORLA) and raised its price target to C$32.

In other news, on December 18, Orla Mining Ltd. (NYSEAMERICAN:ORLA) reported positive exploration results at the Musselwhite Mine, where drilling confirmed that high-grade mineralization extends two kilometers beyond the current underground mining areas. The company said its active drilling program has produced strong, high-grade results across all priority zones. This supports an increase in confidence in future resource growth and extended mine life. Orla Mining Ltd. (NYSEAMERICAN:ORLA) also shared that planned drill metres have been expanded from 11,000 metres to about 12,500 metres by the end of 2025.

Orla Mining (ORLA) Advances Musselwhite Operations
Orla Mining (ORLA) Advances Musselwhite Operations

Orla Mining Ltd. (NYSEAMERICAN:ORLA) completed its acquisition of the Musselwhite Gold Mine in Ontario, Canada, in March 2025. During the third quarter of 2025, the mine produced 57,586 ounces of gold with a gold recovery rate of 95.3%.

The company’s management said that the integration of Musselwhite is progressing well and that operations are also performing strongly. Orla Mining Ltd. (NYSEAMERICAN:ORLA) is on track to reach the upper end of its revised annual production guidance of 265,000 to 285,000 ounces of gold.

Orla Mining Ltd. (NYSEAMERICAN:ORLA) is a metals and mining company that focuses on acquiring, developing, and operating gold and silver assets.

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READ NEXT: 14 Best Large Cap Stocks to Invest In Now and 14 Most Promising Fintech Stocks to Invest In.

Disclosure: None. This article is originally published at Insider Monkey.



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