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Orla Mining (ORLA) advances its Musselwhite operations

Orla Mining Ltd. (NYSEAMERICAN: ORLA) is one of 13 Best Gold Mining Companies to Invest in Now. On December 10, TipRanks announced that RBC Capital had maintained its Buy rating on Orla Mining Ltd. (NYSEAMERICAN: ORLA) and raised its price target to CA$32.

Furthermore, on December 18, Orla Mining Ltd. (NYSEAMERICAN: ORLA) announced positive exploration results at the Musselwhite Mine, where drilling confirmed that high-grade mineralization extends two kilometers beyond current underground mining areas. The company said its active drilling program produced strong, high-grade results in all priority areas. This supports increased confidence in future resource growth and mine life extension. Orla Mining Ltd. (NYSEAMERICAN: ORLA) also reported that planned drilling meters have been increased from 11,000 meters to approximately 12,500 meters by the end of 2025.

Orla Mining (ORLA) advances its Musselwhite operations

Orla Mining Ltd. (NYSEAMERICAN: ORLA) completed the 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%.

Company management said the Musselwhite integration was progressing well and operations were also performing very well. Orla Mining Ltd. (NYSEAMERICAN: ORLA) is on track to hit 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 focused on the acquisition, development and exploitation of gold and silver assets.

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Disclosure: None. This article was originally published on Initiated Monkey.

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