Why Orla Mining (TSX:OLA) Is Up 15.2% After Huge Camino Rojo Underground PEA Reveal
In February 2026, Orla Mining announced positive Preliminary Economic Assessment results for a stand-alone underground project beneath its existing Camino Rojo open pit mine in Mexico, highlighting an after-tax NPV5% of US$3.30 billion and a very large IRR at a US$5,000/oz gold price. The study points to a capital-efficient, potentially multi-decade underground operation with over 4 million ounces gold equivalent in measured and indicated resources and a phased de-risking program through...
In February 2026, Orla Mining announced positive Preliminary Economic Assessment results for a stand-alone underground project beneath its existing Camino Rojo open pit mine in Mexico, highlighting an after-tax NPV5% of US$3.30 billion and a very large IRR at a US$5,000/oz gold price. The study points to a capital-efficient, potentially multi-decade underground operation with over 4 million ounces gold equivalent in measured and indicated resources and a phased de-risking program through...