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Orla agrees Camino Rojo layback terms with Fresnillo

Orla Mining has entered into a non-binding agreement with Fresnillo for a US$62.8 million layback agreement under which it could expand its Camino Rojo gold oxide pit in Zacatecas, Mexico, onto part of Fresnillo’s mineral concession to the north.

Paul Harris
Camino Rojo in Zacatecas, Mexico

Camino Rojo in Zacatecas, Mexico

The layback agreement will allow Orla to access oxide and transitional heap leachable mineral resources below the open pit outlined in the June 2019 feasibility study. It will also provide Orla with the...

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