Orla Mining drills Cerro Quema in Panama

With shareholders like Goldcorp (19.9%), Pierre Lassonde (11.1%) and Agnico Eagle Mines(9.9%), Orla Mining (TSXV: OLA) isn’t your typical Toronto Venture Exchange listed junior. Management and insiders own another 7.1% of the company, and Orla’s directors, like Chuck Jeannes, Richard Hall and Jean Robitaille, among others, bring with them decades of industry experience. Marc Prefontaine also brings a lot of heft to the company. Orla’s president and CEO was part of the team at Grayd Resource that discovered the La India gold deposit in Sonora, Mexico, before the company was sold to Agnico Eagle in 2011 for $275 million. (Last year La India produced 101,150 oz. gold at total cash costs of $558 per oz.) Now Prefontaine and the same technical team hoping to duplicate their earlier success, this time at Cerro Quema in Panama, a project Orla acquired from Pershimco Resources in December 2016. Continue reading at The Northern Miner.