Orla Mining Expands with Contact Gold Acquisition

Orla Mining (TSE:OLA) has released an update.

Orla Mining Ltd. has successfully completed the acquisition of Contact Gold Corp., making Contact a wholly-owned subsidiary and delisting its shares from the TSX Venture Exchange. The acquisition includes Contact’s Pony Creek and Green Springs properties in Nevada, expanding Orla’s exploration footprint and increasing their exploration budget by $3 million for a total spend of $14 million in 2024. Orla Mining’s strategy focuses on developing mineral properties to boost stakeholder value, with key projects in Mexico and Nevada.

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