676 Mlbs CuEq Indicated, 425 Mlbs CuEq
Inferred
VANCOUVER, BC, Dec. 6, 2021 /CNW/ - Orla Mining Ltd.
(TSX: OLA) (NYSE: ORLA) ("Orla" or the "Company") is pleased to
announce the independent mineral resource estimate for the
Caballito copper-gold deposit at the Company's 100%-owned Cerro
Quema project ("Cerro Quema") located in the Azuero Peninsula,
Los Santos Province, Panama. Caballito is a large, copper-gold
deposit that represents an opportunity for the Company to
potentially transform the scale and scope of Cerro Quema beyond the
separate oxide project outlined in the July
2021 pre-feasibility study.
The mineral resource estimate for the Caballito copper-gold
deposit consists of the following:
- 31,952,000 tonnes of sulphide indicated mineral resources at an
average CuEq grade of 0.96% (0.83% Cu, 0.31 g/t Au & 2.2 g/t
Ag) for 676 Mlbs of CuEq (585 Mlbs Cu, 315 Koz Au and
2,260 Koz Ag).
- 22,569,000 tonnes of sulphide inferred mineral resources at an
average CuEq grade of 0.85% (0.77% Cu, 0.21 g/t Au & 1.2 g/t
Ag) for 425 Mlbs of CuEq (381 Mlbs Cu, 155 Koz Au and 856 Koz
Ag).
The Caballito deposit, at its nearest point, is approximately 1
kilometre south-east of the Quemita oxide deposit outlined in
the July 2021 Pre-Feasibility Study ("PFS"). The Cerro
Quema Project area is outlined below in Figure 2. The Caballito
deposit locally outcrops at surface and the copper-gold
mineralization has been intersected over an estimated strike length
of approximately 800 metres, a vertical extent of approximately 400
metres, and a variable thickness ranging from 50 to 150 metres. The
mineral resource estimate, prepared by Moose Mountain Technical
Service, includes a total of 62 holes (13,894 metres) of diamond
drilling. The deposit remains open along strike and at depth. The
Company is targeting a 2022 drill program aimed at extending known
mineralization as well as drilling newly defined targets. Along
with the forthcoming exploration drill program, the Company will
commence metallurgical studies and additional infill drilling and
technical work to increase its understanding of the Caballito
deposit. See Figure 1 below illustrating a cross-section of
the Caballito deposit.
Selected drill results within the resource include the
following:
- Hole CQDH-18-181 (Idaida): 1.87% Cu, 0.30 g/t Au over
27.4m (22.0m est. true width)
- Hole CQDH-18-179 (Idaida): 3.73% Cu, 0.89 g/t Au over
17.6m (16.5m est. true width)
- Hole CQDH-18-160 (Caballito): 1.72% Cu, 0.39 g/t Au over
83.5m (83.3m est. true width)
- Hole CQDH-18-163 (Caballito): 1.78% Cu, 0.33 g/t Au over
89.7m (89.6m est. true width)
- Hole CQDH-18-157 (Caballito) : 1.63% Cu, 0.51 g/t Au over
102.0m (102.0m est. true width)
Full drill results are available in the Appendix of the press
release and available on Orla's website at: Caballito Drill
Results.
We are incredibly proud of our team and our
partners in Panama; Caballito is a
grassroots discovery that has the potential to transform our future
in the country. We first discovered this high-grade copper-gold
mineralization in 2017 and have continued to systematically explore
the region, having now drilled over 40 more holes in Caballito.
Along this underexplored, highly prospective mineralized trend, we
see potential for additional exploration success. We aim to
continually work with the Panamanian Government and evaluate the
opportunity for a long-life project that can benefit all
stakeholders.
- Jason Simpson, President and Chief Executive
Officer
The initial resource at Caballito highlights Orla's success
in Panama, as well as the ongoing
evolution of the Cerro Quema project. We believe there is
significant potential for new discoveries within this highly
prospective, district-scale, high-sulphidation epithermal system.
We will continue to focus on expanding known resources at Caballito
and Idaida with infill and step-out drilling. Our regional work has
highlighted coincident geophysical and geochemical anomalies in a
similar geological context in targets such as La Pelona and Quemita
and defined a highly prospective porphyry target at La Prieta, which we intend to drill test in
2022. We have also identified copper-gold
mineralization below both of the La Pava and Quemita gold-oxide
pits, requiring additional follow-up work. We are excited with our
progress to date and look forward to advancing the new copper-gold
resources, as well as testing new regional early-stage
targets.
- Sylvain Guerard, Senior Vice President,
Exploration
In July 2021, the Company released
the results of a PFS and an updated mineral resource and mineral
reserve estimate on the Cerro Quema oxide project. Presently, the
Cerro Quema oxide project is estimated to contain 562,000 ounces of
gold (21.7 million tonnes at 0.80 g/t Au) in probable mineral
reserves and 1.27 million ounces of gold (56.7 million tonnes at
0.70 g/t Au) in indicated mineral resources, inclusive of mineral
reserves. The PFS contemplates an 81,000 ounce per year gold
heap-leach operation over a six-year mine life, recovering 489,000
ounces of gold.
CABALLITO MINERAL RESOURCE eSTIMATE, Effective Date of
November 2, 2021
Table 1a:
Caballito Sulphides
|
|
|
|
|
|
|
|
Class
|
Tonnes
|
CuEq
|
Cu
|
Au
|
Ag
|
CuEq
|
Cu
|
Au
|
Ag
|
(000s)
|
(%)
|
(%)
|
(g/t)
|
(g/t)
|
(Mlbs)
|
(Mlbs)
|
(koz)
|
(koz)
|
Indicated
|
31,952
|
0.96
|
0.83
|
0.31
|
2.2
|
676
|
585
|
315
|
2,260
|
Inferred
|
22,569
|
0.85
|
0.77
|
0.21
|
1.2
|
425
|
381
|
155
|
856
|
|
|
|
|
|
|
|
|
|
|
Table 1b:
Caballito Oxides
|
|
|
|
|
|
|
|
Class
|
Tonnes
|
Au
|
Ag
|
AuEq
|
Au
|
Ag
|
|
|
|
(000s)
|
(g/t)
|
(g/t)
|
(g/t)
|
(koz)
|
(koz)
|
|
|
|
Indicated
|
998
|
0.49
|
2.1
|
0.50
|
16
|
67
|
|
|
|
Inferred
|
3,619
|
0.36
|
2.3
|
0.37
|
41
|
268
|
|
|
|
Mineral Resources Notes:
1. The qualified person
responsible for the mineral resource estimate is Sue Bird P.Eng of Moose Mountain Technical
Services.
2. The base case cut-off is a net smelter returns ("NSR") of
US$6.34/tonne for oxide and
US$15.00/tonne for sulphide.
3. Mineral resources are based on a US$1,600/oz gold price, US$3.50/lb copper price and US$20/oz silver price and the following smelter
terms: In the Oxides: 99% payable Au; 98.0% payable Ag; In the
Sulphide 90% payable Au and Ag, and 96% payable Cu; Offsite costs
of US$1.40/oz Au and US$1.20/oz Ag in the oxides and offsite costs
(refining, transport and insurance) of US$16.30/WMT for Au, US$116.50/WMT for Cu and US$3.20/WMT for Ag in the sulphides; a 4% NSR
royalty for Au and Ag and a 5% NSR royalty for Cu.
4. Metallurgical recoveries have been estimated as 90% for Cu, 55%
for Au, and 45% for Ag in the sulphides, and 88% for Au, 45% for Ag
and 0% for Cu in the oxides
5. The mineral resource has been confined by a "reasonable
prospects of eventual economic extraction" pit using the base case
NSR inputs with a mining cost of US$2.20/tonne for both materials to be processed
and waste at a processing cost of US$6.34/tonne and US$15.00/tonne for oxides and sulphides
respectively.
6. Pit slope angles are assumed at 40º.
7. The bulk density has been assigned values of 2.34 and 2.70
tonnes/m3 in the oxides and sulphides, respectively based on bulk
density measurements.
8. Rounding as required by reporting guidelines may result in
summation differences.
The mineral resource estimate includes inferred mineral
resources that are considered too speculative geologically to have
economic considerations applied to them that would enable them to
be categorized as mineral reserves. Mineral resources that are not
mineral reserves do not have demonstrated economic viability.
The following factors, among others, could affect the mineral
resource estimate: commodity price and exchange rate assumptions;
pit slope angles; assumptions used in generating the LG pit shell,
including metal recoveries, and mining and process cost
assumptions. See the Project Risks section below for an overview of
the environmental, permitting, legal, title, taxation,
socioeconomic, marketing, political, or other relevant factors that
could materially affect the mineral resource estimate.
CABALLITO GEOLOGY
Orla's Caballito copper-gold deposit is located in the Cerro
Quema district on the Azuero Peninsula, in Panama. Caballito is a high-sulphidation
epithermal copper-gold ("Cu-Au") sulphide deposit in Upper
Cretaceous submarine dacitic flow-domes and associated pyroclastic
rocks.
During 2017 and 2018, Orla began drilling the Idaida and
Caballito targets to follow-up historical drilling and to explore
geophysical anomalies generated from IP, airborne EM, and ground
magnetic surveys. This drilling led to identifying the Caballito
Cu-Au deposit.
The Caballito Cu-Au mineral deposit is a stratiform breccia with
Fe-Cu sulphide and quartz cement. The breccia developed within a
zone of high-sulphidation epithermal alteration defined by a
central core of vuggy silica that transitions outward to
quartz-dickite, quartz-kaolinite, illite-smectite and
illite-smectite-chlorite to unaltered Rio
Quema dacite. Zones of brecciated vuggy silica were
preferentially silicified and host pyrite with
bornite-chalcopyrite-chalcocite-covellite. Numerous dikes of quartz
diorite, diorite and basaltic-andesite, variably altered to
illite-smectite, intruded the breccia. See Figure 3 below outlining
the Caballito – Idaida 3D block model. Figure 4 illustrates the
distribution of the Classification of the modelled blocks into
Indicated and Inferred.
The high-sulphidation epithermal Caballito Cu-Au deposit
incorporates two distinct mineral zones separated by a NE-striking
normal fault. On a CuEq basis (Mlbs), 64% of global resource is
from the Caballito zone and 36% of the global resource is from the
Idaida zone.
The Caballito zone, to the southeast (in the hanging
wall), hosts most of the resource and features a gently dipping
zone of bornite-chalcopyrite-pyrite and quartz cemented breccia in
vuggy silica. Bornite-chalcopyrite are the dominant Fe-Cu
sulphides, and minor chalcocite and covellite replaces bornite.
Low-As sulphides that include spheroidal and colloform-banded
pyrite with bornite-chalcopyrite are abundant at Caballito, in
contrast to the subhedral pyrite with high-As in enargite at
Idaida.
The Idaida zone, to the northwest (in the footwall),
features a near vertical zone of enargite-pyrite and covellite that
developed in vuggy silica altered porphyritic dacite and may
represent the deeper expression of
high-sulphidation epithermal mineralization. Below
approximately 0-45 metres of low-grade Au in surficial oxide,
enargite-covellite are the dominant Cu sulphides at depth with
abundant subhedral pyrite and minor
bornite-chalcopyrite-chalcocite.
The average arsenic (As) grades of the Cu-Au mineralization are
estimated as 495 ppm at Caballito and 1,508 ppm at Idaida (at an
NSR cut-off of US$15.00/tonne).
Project Risks
A specific title risk for Minera Cerro
Quema is a failure of the Panamanian government to renew
mining concessions and to grant copper extraction rights. Cerro
Quema comprises three concession contracts between the Republic of
Panama and Orla's subsidiary,
Minera Cerro Quema SA ("MCQ"), that grant exclusive rights for
mineral extraction of class IV metallic minerals (silver and gold)
over 14,893 ha, including the area over the oxide mineral reserves
and Caballito mineral resource. The original 20-year term for the
concessions has expired and MCQ has applied for the prescribed
10-year extension to the concessions as it is entitled to under
Panamanian mineral law. The extension contracts have been signed by
the Ministry of Commerce & Industry and the Company and the
documents are now with the Comptroller General for final
release, but the legally permitted concession renewals have
still been delayed.
The Company has also applied for three copper exploration
concessions for the area over the Caballito resource, inclusive of
the complete area of the silver and gold concessions. Failure of
the Panamanian government to approve the copper extraction rights
for the same exploration contracts for which gold and silver rights
were granted will affect the viability of potential development of
the Caballito zone. An Environmental Impact Assessment (EIA) and
permits are in place for a continuous vat leach operation; however,
the current project described in the PFS, and development of the
Caballito sulphide resource, requires a separate Environmental and
Social Impact Assessment (ESIA) Category III. An application for a
permit to allow mining of the oxides described in the PFS was
submitted in 2015 and the Ministry has completed the technical
evaluation of the EIA. Timing of approval is presently not known
but the Ministry's response time has exceeded the time periods
specified in Article 41 of the Decree Law 23 applicable to EIA
permit resolutions. A modification to the permit would be required
to allow development of the Caballito resource.
In addition to the risks described above, Cerro Quema is subject
to similar risks as comparable projects and Orla believes it will
mitigate many of those risks by early engagement with the
stakeholders involved in Cerro Quema, including government
permitting agencies and local stakeholders. The mineral resource
estimate and Cerro Quema may be subject to legal, political,
environmental or other risks that could materially affect the
development of Cerro Quema, which are unknown at this time but
could materialize in the future.
Resource details
The Caballito Cu-Au deposit mineral resource has been estimated
following the 2014 CIM Definition Standards on Mineral Resources
and Reserves and the 2019 updated CIM Estimation of Mineral
Resources & Mineral Reserves Best Practice Guidelines. The
estimate has been done using ordinary kriging (OK), with outlier
restriction of composites during interpolation used to limit the
effect of high-grade outliers for Cu, Au and Ag. Interpolations
have been limited by the geologic modelling of the alteration and
by the oxide and sulphide zones. The mineral resource estimate,
having an effective date of November 2,
2021, is summarized in Table 1 above. The mineral resource
estimate is reported at a base case NSR cut-off of US$6.34/tonne for oxide and US$15.00/tonne for sulphide. (The oxide NSR
cut-off is calculated as follows: Au*US$48.847/g*88% + Ag* US$0.568/g*45%, while the sulphide NSR cut-off is
calculated as follows: Cu*US$3.128/lb*90% + Au* US$44.028/g*55% + Ag*US$0.503/g*45%).
The independent technical report for the Pre-Feasibility Study
on the Cerro Quema oxide project, prepared in accordance with the
requirements of National Instrument ("NI") 43-101 and entitled
"Project Pre-Feasibility NI 43-101 Technical Report on the Cerro
Quema Gold Oxide Project, Province of Los
Santos, Panama", was
filed under Orla's profiles on SEDAR, EDGAR, and also on the
Company's website on September 7,
2021. A revised independent technical report on Cerro Quema,
which will contain the existing PFS, the mineral resource and
mineral reserve estimates on the Cerro Quema oxide project and the
Caballito mineral resource estimate discussed in this release, will
be filed within 45 days of the date hereof in accordance with NI
43-101. The technical report is intended to be read as a whole, and
sections should not be read or relied upon out of context.
Data Verification
Sue Bird, M.Sc., P.Eng., the
Qualified Person for the Caballito mineral resource estimate,
visited the site on May 4, 2021.
During this visit, collar locations were verified, as were the core
storage, security and sampling techniques. Core within mineralized
zones at all three deposits; Caballito, Quemita and La Pava, was
examined. The database provided to the qualified person by Orla has
been checked with minor corrections made to the database based on
Certificate checks. Check assays and twinned holes were previously
completed, as well as check assays done based on Ms. Bird's
recommendations in 2020, concluding that the database is suitable
for mineral resource estimation. Historical drilling and RC
drilling were statistically validated and did not show a material
bias. Therefore, Ms. Bird has concluded that all past drilling is
not biased, and it has been used for the mineral resource.
The sampling of, and assay data from, the drill core is
monitored through the implementation of a quality assurance-quality
control ("QA-QC") program designed to follow industry best
practice. See the technical report entitled "Project
Pre-Feasibility NI 43-101 Technical Report on the Cerro Quema Gold
Oxide Project, Province of Los
Santos, Panama" dated
July 27, 2021, for additional
information on the QA-QC program.
Qualified Persons
Sue Bird, M.Sc., P.Eng, has
reviewed and approved the contents of this news release pertaining
the Caballito mineral resource estimate. The scientific and
technical information in this news release was also reviewed and
approved by Mr. J. Andrew Cormier,
P. Eng., Chief Operating Officer of the Company, and Mr.
Sylvain Guerard, P. Geo., Senior
Vice President, Exploration of the Company, who are Qualified
Persons as defined under NI 43-101 standards.
This press release shall not constitute investment advice or
an offer to sell or the solicitation of an offer to buy securities
in the United States.
About Orla Mining Ltd.
Orla is developing the Camino Rojo Oxide Gold Project, an
advanced gold and silver open-pit and heap leach project, located
in Zacatecas State, Central
Mexico. The project is 100% owned by Orla and covers over
160,000 hectares. The technical report for the 2021 Feasibility
Study on the Camino Rojo Oxide Gold Project entitled
"Unconstrained Feasibility Study NI 43-101 Technical Report on
the Camino Rojo Gold Project – Municipality of Mazapil, Zacatecas, Mexico" dated
January 11, 2021, is available on
SEDAR and EDGAR under the Company's profile at
www.sedar.com and www.sec.gov, respectively. The technical
report is also available on Orla's website at www.orlamining.com.
Orla also owns 100% of Cerro Quema located in Panama which includes a near-term gold
production scenario and various exploration targets. Cerro Quema is
a proposed open pit mine and gold heap leach operation. The
technical report for the 2021 Pre-Feasibility Study on the Cerro
Quema oxide project entitled "Project Pre-Feasibility NI
43-101 Technical Report on the Cerro Quema Gold Oxide
Project, Province of Los Santos,
Panama" dated July 27,
2021, is available on SEDAR and EDGAR under the Company's profile
at www.sedar.com and www.sec.gov, respectively. The technical
report is also available on Orla's website at
www.orlamining.com.
Forward-looking Statements
This news release contains certain "forward-looking
information" and "forward-looking statements" within the meaning of
Canadian securities legislation and within the meaning of Section
27A of the United States Securities Act of 1933, as amended,
Section 21E of the United States Exchange Act of 1934, as amended,
the United States Private Securities Litigation Reform Act of 1995,
or in releases made by the United States Securities and Exchange
Commission, all as may be amended from time to time, including,
without limitation, statements regarding the perceived merit of the
Company's properties, including additional exploration potential
and the potential expansion of Cerro Quema, potential quantity
and/or grade of minerals, the potential size of the mineralized
zone, metallurgical recoveries, the timing and results of
permitting and the Company's exploration and development plans in
Panama and expectations on the
potential extension of the expired mineral concessions and granting
of new mineral concessions with respect to Cerro Quema.
Forward-looking statements are statements that are not historical
facts which address events, results, outcomes or developments that
the Company expects to occur. Forward-looking statements are based
on the beliefs, estimates and opinions of the Company's management
on the date the statements are made and they involve a number of
risks and uncertainties. Certain material assumptions regarding
such forward-looking statements were made, including without
limitation, assumptions regarding the price of gold, silver and
copper; the accuracy of mineral resource estimations; that there
will be no material adverse change affecting the Company or its
properties; that all required approvals will be obtained, including
concession renewals and permitting; that political and legal
developments will be consistent with current expectations; that
currency and exchange rates will be consistent with current levels;
and that there will be no significant disruptions affecting the
Company or its properties. Consequently, there can be no assurances
that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in
such statements. Forward-looking statements involve significant
known and unknown risks and uncertainties, which could cause actual
results to differ materially from those anticipated. These risks
include, but are not limited to: risks related to uncertainties
inherent in the preparation of mineral resource estimates,
including but not limited to changes to the cost assumptions,
variations in quantity of mineralized material, grade or recovery
rates, changes to geotechnical or hydrogeological considerations,
failure of plant, equipment or processes, changes to availability
of power or the power rates, ability to maintain social license,
changes to interest or tax rates, changes in project parameters,
delays and costs inherent to consulting and accommodating rights of
local communities, environmental risks, title risks, including
concession renewal, commodity price and exchange rate fluctuations,
risks relating to COVID-19, delays in or failure to receive access
agreements or amended permits, risks inherent in the estimation of
mineral resources; and risks associated with executing the
Company's objectives and strategies, including costs and expenses,
as well as those risk factors discussed in the Company's most
recently filed management's discussion and analysis, as well as its
annual information form dated March 29,
2021, available on www.sedar.com and www.sec.gov. Except as
required by the securities disclosure laws and regulations
applicable to the Company, the Company undertakes no obligation to
update these forward-looking statements if management's beliefs,
estimates or opinions, or other factors, should change.
Cautionary Note to U.S. Readers
The disclosure contained or referenced herein uses mineral
reserve and mineral resource classification terms that comply with
reporting standards in Canada, and
mineral reserve and mineral resource estimates are made in
accordance with Canadian NI 43-101 and the Canadian Institute of
Mining, Metallurgy and Petroleum — CIM Definition Standards on
Mineral Resources and Mineral Reserves, adopted by the CIM Council,
as amended (the "CIM Definition Standards"). Canadian NI 43-101
establishes standards for all public disclosure an issuer makes of
scientific and technical information concerning mineral
projects. These standards differ significantly from the
mineral reserve disclosure requirements of the United States
Securities Exchange Commission (the "SEC") set forth in Industry
Guide 7. Consequently, information regarding mineralization
contained or referenced herein is not comparable to similar
information that would generally be disclosed by U.S. companies
under Industry Guide 7 in accordance with the rules of the SEC
which applied to U.S. filings prior to the current SEC
Modernization Rules (as defined herein). Further, the SEC has
adopted amendments to its disclosure rules to modernize the mineral
property disclosure requirements for issuers whose securities are
registered with the SEC under the Securities Exchange Act of 1934
("Exchange Act"). These amendments became effective February 25, 2019 (the "SEC Modernization Rules")
and, commencing for registrants with their first fiscal year
beginning on or after January 1,
2021, the SEC Modernization Rules replace the historical
property disclosure requirements included in SEC Industry Guide
7. As a foreign private issuer that files its annual report
on Form 40-F with the SEC pursuant to the multi-jurisdictional
disclosure system, the Company is not required to provide
disclosure on its mineral properties under the SEC Modernization
Rules and will continue to provide disclosure under NI 43-101 and
the CIM Definition Standards. The SEC Modernization Rules include
the adoption of terms describing mineral reserves and mineral
resources that are "substantially similar" to the corresponding
terms under the CIM Definition, but there are differences in the
definitions under the SEC Modernization Rules and the CIM
Definition Standards. Accordingly, there is no assurance any
mineral reserves or mineral resources that the Company may report
as "proven mineral reserves", "probable mineral reserves",
"measured mineral resources", "indicated mineral resources" and
"inferred mineral resources" under NI 43-101 would be the same had
the Company prepared the mineral reserve or mineral resource
estimates under the standards adopted under the SEC Modernization
Rules. U.S. investors are also cautioned that while the SEC
recognizes "measured mineral resources", "indicated mineral
resources" and "inferred mineral resources" under the Modernization
Rules, investors should not assume that any part or all of the
mineralization in these categories will ever be converted into a
higher category of mineral resources or into mineral reserves.
Mineralization described using these terms has a greater amount of
uncertainty as to its existence and feasibility than mineralization
that has been characterized as reserves. Accordingly, investors are
cautioned not to assume that any measured mineral resources,
indicated mineral resources, or inferred mineral resources that the
Company reports are or will be economically or legally mineable.
Further, "inferred mineral resources" have a greater amount of
uncertainty as to their existence and as to whether they can be
mined legally or economically. Therefore, U.S. investors are also
cautioned not to assume that all or any part of the "inferred
mineral resources" exist. Under Canadian securities laws, estimates
of "inferred mineral resources" may not form the basis of
feasibility or pre-feasibility studies, except in rare cases.
For the above reasons, information contained or referenced herein
regarding descriptions of our mineral reserve and mineral resource
estimates is not comparable to similar information made public by
U.S. companies subject to reporting and disclosure requirements of
the SEC under either Industry Guide 7 or SEC Modernization
Rules.
Appendix: Caballito Historical Drill Results
holeid
|
Area
|
From
(m)
|
To
(m)
|
metres
|
Cu %
(WA)
|
Au g/t
(WA*)
|
e_wgs84
|
n_wgs84
|
elev_mts
|
azimuth
|
dip
|
hole length
(m)
|
CQDH-17-089
|
Caballito
|
22.0
|
67.0
|
45.0
|
0.72
|
0.25
|
554663
|
834771
|
663
|
359
|
-60.9
|
100.7
|
CQDH-17-089
|
Caballito
|
79.0
|
85.0
|
6.0
|
0.54
|
0.31
|
|
|
|
|
|
|
CQDH-17-095
|
Caballito
|
55.0
|
57.0
|
2.0
|
0.35
|
0.39
|
554864
|
834793
|
755
|
358
|
-61.5
|
77.8
|
CQDH-17-099
|
Caballito
|
28.0
|
32.0
|
4.0
|
0.31
|
0.02
|
554646
|
834733
|
657
|
356
|
-61.1
|
106.8
|
CQDH-17-099
|
Caballito
|
44.0
|
54.5
|
10.5
|
1.32
|
0.36
|
|
|
|
|
|
|
CQDH-17-099
|
Caballito
|
63.5
|
68.5
|
5.0
|
0.78
|
0.18
|
|
|
|
|
|
|
CQDH-17-104
|
Caballito
|
70.1
|
92.0
|
21.9
|
0.86
|
0.07
|
554639
|
834610
|
633
|
357
|
-60.8
|
171.0
|
CQDH-17-104
|
Caballito
|
95.0
|
105.1
|
10.1
|
0.54
|
0.17
|
|
|
|
|
|
|
CQDH-17-104
|
Caballito
|
120.0
|
133.3
|
13.3
|
1.20
|
1.29
|
|
|
|
|
|
|
CQDH-17-111
|
Idaida
|
124.2
|
144.8
|
20.6
|
1.77
|
0.18
|
554408
|
835089
|
756
|
323
|
-50.7
|
166.5
|
CQDH-17-113
|
Caballito
|
12.7
|
37.2
|
24.5
|
0.64
|
0.04
|
554541
|
834490
|
544
|
16
|
-61.3
|
100.5
|
CQDH-17-114
|
Idaida
|
35.2
|
42.0
|
6.8
|
1.13
|
0.50
|
554367
|
835125
|
730
|
318
|
-50.4
|
100.5
|
CQDH-17-114
|
Idaida
|
45.5
|
61.2
|
15.7
|
1.20
|
0.37
|
|
|
|
|
|
|
CQDH-17-114
|
Idaida
|
69.4
|
77.0
|
7.6
|
0.27
|
0.73
|
|
|
|
|
|
|
CQDH-17-116
|
Caballito
|
41.0
|
66.5
|
25.5
|
1.12
|
0.63
|
554475
|
834623
|
580
|
246
|
-56.7
|
330.0
|
CQDH-17-116
|
Caballito
|
69.0
|
90.0
|
21.0
|
1.84
|
0.40
|
|
|
|
|
|
|
CQDH-17-116
|
Caballito
|
118.7
|
149.2
|
30.5
|
3.40
|
0.45
|
|
|
|
|
|
|
CQDH-17-116
|
Caballito
|
165.5
|
174.5
|
9.0
|
0.66
|
0.13
|
|
|
|
|
|
|
CQDH-17-116
|
Caballito
|
188.0
|
198.0
|
10.0
|
0.70
|
0.29
|
|
|
|
|
|
|
CQDH-17-116
|
Caballito
|
229.5
|
232.5
|
3.0
|
0.33
|
0.14
|
|
|
|
|
|
|
CQDH-17-118
|
Idaida
|
90.0
|
93.0
|
3.0
|
0.35
|
0.02
|
554353
|
835054
|
720
|
320
|
-50.0
|
130.5
|
CQDH-17-118
|
Idaida
|
106.5
|
111.0
|
4.5
|
0.65
|
0.16
|
|
|
|
|
|
|
CQDH-17-120
|
Idaida
|
52.0
|
58.0
|
6.0
|
0.27
|
0.39
|
554203
|
834944
|
631
|
45
|
-60.0
|
141.0
|
CQDH-17-120
|
Idaida
|
67.0
|
69.5
|
2.5
|
0.47
|
0.12
|
|
|
|
|
|
|
CQDH-17-125
|
Idaida
|
22.8
|
25.0
|
2.3
|
1.00
|
0.08
|
554419
|
835017
|
683
|
320
|
-50.0
|
132.0
|
CQDH-17-125
|
Idaida
|
31.7
|
56.7
|
25.1
|
0.95
|
0.44
|
|
|
|
|
|
|
CQDH-17-125
|
Idaida
|
60.6
|
76.5
|
15.9
|
0.50
|
0.15
|
|
|
|
|
|
|
CQDH-17-125
|
Idaida
|
81.0
|
91.0
|
10.0
|
0.50
|
0.16
|
|
|
|
|
|
|
CQDH-17-125
|
Idaida
|
97.0
|
121.5
|
24.5
|
0.57
|
0.14
|
|
|
|
|
|
|
CQDH-17-125
|
Idaida
|
123.0
|
130.5
|
7.5
|
0.32
|
0.14
|
|
|
|
|
|
|
CQDH-17-127
|
Caballito
|
112.7
|
160.5
|
47.9
|
0.83
|
0.14
|
554638
|
834608
|
632
|
270
|
-50.0
|
210.0
|
CQDH-17-130
|
Caballito
|
58.0
|
61.0
|
3.0
|
0.41
|
0.11
|
554639
|
834607
|
632
|
180
|
-70.0
|
142.5
|
CQDH-17-132
|
Caballito
|
111.0
|
160.0
|
49.0
|
0.66
|
0.45
|
554646
|
834730
|
656
|
245
|
-60.0
|
294.0
|
CQDH-17-136
|
Caballito
|
31.1
|
38.0
|
6.9
|
2.24
|
0.37
|
554432
|
834716
|
567
|
245
|
-60.0
|
300.0
|
CQDH-17-136
|
Caballito
|
50.6
|
65.5
|
14.9
|
0.55
|
0.69
|
|
|
|
|
|
|
CQDH-17-136
|
Caballito
|
80.5
|
86.5
|
6.0
|
0.31
|
0.67
|
|
|
|
|
|
|
CQDH-17-136
|
Caballito
|
92.0
|
151.5
|
59.5
|
0.92
|
0.52
|
|
|
|
|
|
|
CQDH-17-136
|
Caballito
|
154.5
|
168.0
|
13.5
|
0.56
|
0.59
|
|
|
|
|
|
|
CQDH-17-136
|
Caballito
|
172.4
|
200.9
|
28.5
|
0.62
|
0.66
|
|
|
|
|
|
|
CQDH-17-136
|
Caballito
|
273.3
|
284.4
|
11.1
|
0.44
|
0.30
|
|
|
|
|
|
|
CQDH-17-140
|
Caballito
|
103.0
|
105.4
|
2.3
|
1.13
|
0.37
|
554433
|
834716
|
566
|
180
|
-90.0
|
258.0
|
CQDH-17-140
|
Caballito
|
160.4
|
172.3
|
12.0
|
0.47
|
0.29
|
|
|
|
|
|
|
CQDH-17-142
|
Caballito
|
81.2
|
90.6
|
9.4
|
2.07
|
0.61
|
554403
|
834808
|
573
|
245
|
-60.0
|
279.0
|
CQDH-17-142
|
Caballito
|
98.0
|
115.0
|
17.0
|
1.22
|
0.40
|
|
|
|
|
|
|
CQDH-17-142
|
Caballito
|
132.7
|
158.0
|
25.3
|
0.57
|
0.53
|
|
|
|
|
|
|
CQDH-17-142
|
Caballito
|
159.5
|
169.0
|
9.5
|
0.80
|
0.31
|
|
|
|
|
|
|
CQDH-17-142
|
Caballito
|
176.5
|
179.5
|
3.0
|
0.35
|
0.17
|
|
|
|
|
|
|
CQDH-17-142
|
Caballito
|
194.7
|
206.5
|
11.8
|
1.27
|
0.34
|
|
|
|
|
|
|
CQDH-17-142
|
Caballito
|
212.5
|
222.5
|
10.0
|
0.32
|
0.14
|
|
|
|
|
|
|
CQDH-17-142
|
Caballito
|
232.5
|
240.0
|
7.5
|
0.64
|
0.21
|
|
|
|
|
|
|
CQDH-17-148
|
Caballito
|
77.4
|
94.0
|
16.6
|
2.01
|
1.35
|
554359
|
834632
|
559
|
285
|
-75.0
|
277.5
|
CQDH-17-148
|
Caballito
|
104.5
|
162.0
|
57.5
|
1.50
|
0.27
|
|
|
|
|
|
|
CQDH-17-148
|
Caballito
|
209.5
|
224.5
|
15.0
|
0.57
|
0.22
|
|
|
|
|
|
|
CQDH-17-148
|
Caballito
|
227.5
|
230.5
|
3.0
|
0.44
|
0.24
|
|
|
|
|
|
|
CQDH-18-156
|
Caballito
|
46.2
|
70.0
|
23.8
|
0.53
|
0.16
|
554266
|
834599
|
496
|
90
|
-60.0
|
240.0
|
CQDH-18-156
|
Caballito
|
73.0
|
79.0
|
6.0
|
0.25
|
0.13
|
|
|
|
|
|
|
CQDH-18-156
|
Caballito
|
89.0
|
92.0
|
3.0
|
0.33
|
0.18
|
|
|
|
|
|
|
CQDH-18-156
|
Caballito
|
98.0
|
123.5
|
25.5
|
0.44
|
0.31
|
|
|
|
|
|
|
CQDH-18-156
|
Caballito
|
126.5
|
133.5
|
7.0
|
0.37
|
0.24
|
|
|
|
|
|
|
CQDH-18-156
|
Caballito
|
139.0
|
155.5
|
16.5
|
0.50
|
0.23
|
|
|
|
|
|
|
CQDH-18-156
|
Caballito
|
157.0
|
160.0
|
3.0
|
0.56
|
0.33
|
|
|
|
|
|
|
CQDH-18-157
|
Caballito
|
51.0
|
58.5
|
7.5
|
0.42
|
0.07
|
554368
|
834633
|
559
|
90
|
-60.0
|
247.5
|
CQDH-18-157
|
Caballito
|
76.5
|
178.5
|
102.0
|
1.63
|
0.51
|
|
|
|
|
|
|
CQDH-18-157
|
Caballito
|
180.0
|
199.5
|
19.5
|
1.27
|
0.30
|
|
|
|
|
|
|
CQDH-18-157
|
Caballito
|
207.0
|
210.0
|
3.0
|
0.48
|
0.07
|
|
|
|
|
|
|
CQDH-18-159
|
Caballito
|
16.5
|
30.0
|
13.5
|
0.41
|
0.00
|
554329
|
834472
|
484
|
70
|
-50.0
|
327.0
|
CQDH-18-159
|
Caballito
|
141.5
|
144.0
|
2.5
|
0.91
|
0.69
|
|
|
|
|
|
|
CQDH-18-160
|
Caballito
|
39.6
|
123.1
|
83.5
|
1.72
|
0.39
|
554479
|
834625
|
579
|
90
|
-60.0
|
300.0
|
CQDH-18-162
|
Idaida
|
170.2
|
174.8
|
4.6
|
1.38
|
0.17
|
554386
|
834898
|
605
|
245
|
-50.0
|
300.0
|
CQDH-18-163
|
Caballito
|
42.5
|
67.5
|
25.0
|
0.77
|
0.25
|
554287
|
834704
|
521
|
90
|
-60.0
|
300.0
|
CQDH-18-163
|
Caballito
|
100.5
|
190.2
|
89.7
|
1.78
|
0.33
|
|
|
|
|
|
|
CQDH-18-164
|
Idaida
|
96.3
|
120.5
|
24.2
|
2.06
|
0.54
|
554203
|
834946
|
628
|
315
|
-60.0
|
232.5
|
CQDH-18-164
|
Idaida
|
129.5
|
132.8
|
3.3
|
2.57
|
0.36
|
|
|
|
|
|
|
CQDH-18-164
|
Idaida
|
140.0
|
143.0
|
3.0
|
0.35
|
0.40
|
|
|
|
|
|
|
CQDH-18-165
|
Caballito
|
56.7
|
65.0
|
8.3
|
0.62
|
0.35
|
554640
|
834609
|
631
|
90
|
-60.0
|
231.0
|
CQDH-18-165
|
Caballito
|
68.1
|
78.8
|
10.7
|
0.55
|
0.27
|
|
|
|
|
|
|
CQDH-18-166
|
Caballito
|
58.0
|
62.5
|
4.5
|
0.73
|
0.27
|
554651
|
834850
|
673
|
250
|
-65.0
|
285.0
|
CQDH-18-166
|
Caballito
|
80.8
|
98.0
|
17.2
|
1.72
|
0.26
|
|
|
|
|
|
|
CQDH-18-166
|
Caballito
|
99.2
|
113.7
|
14.6
|
0.53
|
0.22
|
|
|
|
|
|
|
CQDH-18-166
|
Caballito
|
119.8
|
140.5
|
20.7
|
0.75
|
0.40
|
|
|
|
|
|
|
CQDH-18-167
|
Idaida
|
177.0
|
180.0
|
3.0
|
0.70
|
0.15
|
554156
|
835148
|
673
|
90
|
-50.0
|
295.5
|
CQDH-18-167
|
Idaida
|
192.0
|
204.0
|
12.0
|
0.35
|
0.08
|
|
|
|
|
|
|
CQDH-18-167
|
Idaida
|
217.2
|
225.0
|
7.8
|
0.59
|
0.12
|
|
|
|
|
|
|
CQDH-18-167
|
Idaida
|
229.5
|
234.0
|
4.5
|
1.19
|
0.21
|
|
|
|
|
|
|
CQDH-18-169
|
Idaida
|
128.1
|
130.5
|
2.4
|
0.47
|
0.19
|
554155
|
835148
|
673
|
60
|
-50.0
|
300.0
|
CQDH-18-169
|
Idaida
|
138.7
|
151.5
|
12.8
|
0.70
|
0.19
|
|
|
|
|
|
|
CQDH-18-169
|
Idaida
|
156.0
|
169.5
|
13.5
|
0.38
|
0.18
|
|
|
|
|
|
|
CQDH-18-169
|
Idaida
|
173.7
|
186.0
|
12.3
|
0.60
|
0.18
|
|
|
|
|
|
|
CQDH-18-169
|
Idaida
|
187.5
|
202.5
|
15.0
|
0.54
|
0.16
|
|
|
|
|
|
|
CQDH-18-169
|
Idaida
|
204.0
|
262.0
|
58.0
|
0.85
|
0.12
|
|
|
|
|
|
|
CQDH-18-170
|
Caballito
|
28.8
|
36.6
|
7.8
|
0.58
|
0.27
|
554503
|
834913
|
638
|
90
|
-45.0
|
232.5
|
CQDH-18-170
|
Caballito
|
40.0
|
42.5
|
2.5
|
1.02
|
0.23
|
|
|
|
|
|
|
CQDH-18-171
|
Caballito
|
79.9
|
84.5
|
4.6
|
0.94
|
0.12
|
554505
|
834913
|
638
|
90
|
-70.0
|
201.0
|
CQDH-18-171
|
Caballito
|
130.5
|
135.0
|
4.5
|
1.07
|
0.13
|
|
|
|
|
|
|
CQDH-18-177
|
Caballito
|
45.5
|
51.7
|
6.2
|
0.28
|
0.00
|
554227
|
834804
|
565
|
90
|
-60.0
|
274.5
|
CQDH-18-177
|
Caballito
|
136.6
|
138.8
|
2.2
|
1.02
|
0.18
|
|
|
|
|
|
|
CQDH-18-178
|
Caballito
|
22.5
|
26.0
|
3.5
|
0.39
|
0.01
|
554284
|
834704
|
522
|
270
|
-75.0
|
210.0
|
CQDH-18-178
|
Caballito
|
67.0
|
101.0
|
34.0
|
1.15
|
0.33
|
|
|
|
|
|
|
CQDH-18-178
|
Caballito
|
106.5
|
111.0
|
4.5
|
0.54
|
0.24
|
|
|
|
|
|
|
CQDH-18-179
|
Idaida
|
68.7
|
73.0
|
4.3
|
0.58
|
0.40
|
554138
|
835048
|
655
|
90
|
-65.0
|
454.5
|
CQDH-18-179
|
Idaida
|
82.0
|
85.0
|
3.0
|
0.57
|
0.23
|
|
|
|
|
|
|
CQDH-18-179
|
Idaida
|
97.0
|
109.5
|
12.5
|
0.61
|
0.49
|
|
|
|
|
|
|
CQDH-18-179
|
Idaida
|
110.7
|
128.3
|
17.6
|
3.73
|
0.89
|
|
|
|
|
|
|
CQDH-18-179
|
Idaida
|
363.0
|
366.0
|
3.0
|
2.29
|
0.31
|
|
|
|
|
|
|
CQDH-18-181
|
Idaida
|
104.1
|
111.5
|
7.4
|
1.21
|
0.16
|
554371
|
835160
|
735
|
270
|
-70.0
|
414.0
|
CQDH-18-181
|
Idaida
|
134.9
|
151.5
|
16.6
|
1.50
|
0.17
|
|
|
|
|
|
|
CQDH-18-181
|
Idaida
|
163.5
|
190.9
|
27.4
|
1.87
|
0.30
|
|
|
|
|
|
|
CQDH-18-181
|
Idaida
|
192.0
|
204.6
|
12.6
|
0.50
|
0.16
|
|
|
|
|
|
|
CQDH-18-181
|
Idaida
|
213.1
|
216.0
|
2.9
|
0.53
|
0.24
|
|
|
|
|
|
|
CQDH-18-181
|
Idaida
|
245.9
|
255.3
|
9.4
|
1.13
|
0.20
|
|
|
|
|
|
|
CQDH-18-181
|
Idaida
|
280.0
|
290.5
|
10.5
|
0.59
|
0.14
|
|
|
|
|
|
|
CQDH-18-182
|
Idaida
|
317.1
|
320.1
|
3.0
|
0.45
|
0.42
|
554179
|
835298
|
749
|
90
|
-65.0
|
328.5
|
PDH135316
|
Idaida
|
98.0
|
159.0
|
61.0
|
1.96
|
0.26
|
554410
|
835090
|
744
|
0
|
-90.0
|
578.8
|
PDH135317
|
Idaida
|
64.0
|
97.0
|
33.0
|
2.83
|
0.31
|
554356
|
835052
|
721
|
0
|
-90.0
|
507.4
|
PDH135317
|
Idaida
|
131.0
|
143.0
|
12.0
|
0.48
|
0.10
|
|
|
|
|
|
|
PDH135317
|
Idaida
|
177.0
|
181.0
|
4.0
|
0.47
|
0.11
|
|
|
|
|
|
|
PDH135317
|
Idaida
|
191.0
|
193.0
|
2.0
|
1.18
|
0.12
|
|
|
|
|
|
|
PDH135317
|
Idaida
|
394.0
|
400.0
|
6.0
|
0.49
|
0.07
|
|
|
|
|
|
|
PDH135317
|
Idaida
|
406.0
|
413.0
|
7.0
|
1.21
|
0.06
|
|
|
|
|
|
|
PDH135317
|
Idaida
|
427.0
|
433.0
|
6.0
|
0.88
|
0.06
|
|
|
|
|
|
|
PDH135317
|
Idaida
|
442.0
|
445.0
|
3.0
|
0.62
|
0.15
|
|
|
|
|
|
|
PDH14062
|
Idaida
|
278.0
|
282.0
|
4.0
|
1.83
|
0.06
|
554154
|
835149
|
673
|
0
|
-90.0
|
893.0
|
PDH93025
|
Idaida
|
50.3
|
59.5
|
9.2
|
1.22
|
0.26
|
554340
|
835039
|
717
|
0
|
-90.0
|
59.5
|
PDH93040
|
Idaida
|
87.0
|
99.4
|
12.4
|
1.21
|
0.35
|
554412
|
835092
|
756
|
0
|
-90.0
|
99.4
|
PDH93043
|
Idaida
|
63.0
|
89.0
|
26.0
|
1.68
|
0.30
|
554357
|
835128
|
718
|
0
|
-90.0
|
89.0
|
PRH12275
|
Idaida
|
86.0
|
116.0
|
30.0
|
0.61
|
0.26
|
554413
|
835092
|
759
|
0
|
-90.0
|
142.0
|
PRH12275
|
Idaida
|
119.0
|
142.0
|
23.0
|
1.06
|
0.22
|
|
|
|
|
|
|
PRH12279
|
Idaida
|
61.0
|
90.0
|
29.0
|
2.11
|
0.17
|
554366
|
835123
|
732
|
0
|
-90.0
|
113.0
|
PRH12279
|
Idaida
|
92.0
|
95.0
|
3.0
|
0.49
|
0.05
|
|
|
|
|
|
|
PRH13316
|
Idaida
|
85.0
|
96.0
|
11.0
|
0.82
|
0.23
|
554410
|
835090
|
744
|
0
|
-90.0
|
96.0
|
PRH13317
|
Idaida
|
51.0
|
63.0
|
12.0
|
1.91
|
0.30
|
554356
|
835052
|
721
|
0
|
-90.0
|
63.0
|
COG=
0.3%Cu
|
|
|
|
|
|
|
|
|
|
|
|
|
MaxWaste=5m
|
|
|
|
|
|
|
|
|
|
|
|
|
Minimum Comp Length
=2m
*WA = weighted
average
|
|
|
|
|
|
|
|
|
|
|
|
|
SOURCE Orla Mining Ltd.