Orla Mining Confirms Two-Kilometre High-Grade Gold Extension at Musselwhite

The latest update is out from Orla Mining ( (TSE:OLA) ).

Orla Mining reported further exploration success at its Musselwhite Mine, where new drilling has confirmed that high-grade gold mineralization extends two kilometres beyond current underground operations, reinforcing the potential for significant resource growth and a longer mine life. The company’s 2025–2026 deep directional drilling program has delivered strong intercepts, including a key step-out hole two kilometres down plunge and additional high-grade intersections in underground zones such as Lynx, Redwings, West Limb and PQE, while near-mine satellite targets have also returned shallow high-grade results; together, these results strengthen confidence in Musselwhite’s long-term production profile and suggest material upside for the broader extension area.

The most recent analyst rating on (TSE:OLA) stock is a Buy with a C$32.00 price target. To see the full list of analyst forecasts on Orla Mining stock, see the TSE:OLA Stock Forecast page.

Spark’s Take on TSE:OLA Stock

According to Spark, TipRanks’ AI Analyst, TSE:OLA is a Neutral.

Orla Mining’s overall stock score is driven by strong earnings call highlights and positive corporate events, indicating growth potential. However, high P/E ratio and cash flow challenges weigh down the score.

To see Spark’s full report on TSE:OLA stock, click here.

More about Orla Mining

Orla Mining Ltd. is a precious metals company focused on gold mining and exploration, with operations and growth projects in the Americas. The company is actively expanding its resource base and mine life through aggressive drilling campaigns at its producing assets and key exploration targets, positioning itself as a growth-oriented mid-tier gold producer.

Average Trading Volume: 1,557,296

Technical Sentiment Signal: Buy

Current Market Cap: C$6.32B

For a thorough assessment of OLA stock, go to TipRanks’ Stock Analysis page.