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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 200,000 hectares. Estimated Mineral Reserves as of June 24, 2019 are 44.0 million tonnes at a gold grade of 0.73 grams per tonne (“g/t”) and a silver grade of 14.2 g/t, for total mineral reserves of 1.03 million ounces of gold and 20.1 million ounces of silver. (Comprised of Proven Mineral Reserves of 14,595,000 tonnes at 0.79 g/t gold and 15.1 g/t silver and Probable Mineral Reserves of 29,424,000 tonnes at 0.70 g/t gold and 13.7 g/t silver). The technical report entitled “Feasibility Study, NI 43-101 Technical Report on the Camino Rojo Gold Project — Municipality of Mazapil, Zacatecas, Mexico” dated June 25, 2019 is available on SEDAR under the Company`s profile as well as on Orla`s website at www.orlamining.com. Orla also owns 100% of the Cerro Quema Project located in Panama which includes a near-term gold production scenario and various exploration targets. The Cerro Quema Project is a proposed open pit mine and gold heap leach operation. Please refer to the “Cerro Quema Project - Pre-feasibility Study on the La Pava and Quemita Oxide Gold Deposits” dated August 15, 2014, which is available on SEDAR.
US Stone Industries is a Prairie Village, KS-based company in the Agriculture and Mining sector.
Jewelers Direct is a Boca Raton, FL-based company in the Agriculture and Mining sector.
Indigo Exploration Inc. is a Vancouver based junior exploration company focused on exploring for precious metal deposits in highly perspective geological terrains. Indigo`s projects are in Burkina Faso, one of the West African countries underlain by the productive and highly prospective Lower Proterozoic Birimian Greenstone Belt. Unlike the more mature exploration terrains of Ghana and Mali, Burkina Faso is relatively underexplored and offers excellent gold potential. The Company has four exploration permits in Burkina Faso through the acquisition of Sanu Resources Burkina SARL, a subsidiary of NGEx Resources Inc. Indigo has also entered into a option agreement to acquire a 100% interest, subject to a 1.5% Net Smelter Return (NSR) Royalty, in a 5th exploration permit in the country by making cash payments totalling $390,000 over the next three years. The NSR can be purchased for $1,800,000. Indigo Exploration Inc.’s corporate objective is to increase shareholder value by directing exploration dollars into the ground to advance and develop its quality mineral projects.
Amarillo Gold Corp. is a mineral exploration company committed to building shareholder value by focusing on the acquisition, discovery, and development of gold resources in Brazil. The Company`s principal projects are the Mara Rosa project in the state of Goiás, and the Lavras do Sul project in the state of Rio Grande do Sul. The Posse Deposit at Mara Rosa contains a resource 1,174,900 ounces of gold Measured & Indicated from 20.1MTonnes @ 1.75 g/t Au, 156,400 ounces of gold inferred from 3.6MTonnes grading 1.34 g/t Au at a 0.5g/t cut-off grade (from independent NI 43-101 compliant resource estimate completed by AEFS , Sept. 2011). The Reserves at Posse Deposit measure 945,200 ounces of gold Proven and Probable from 17.1MTonnes grading 1.72 g/t Au. The Posse Deposit is in the feasibility study stage, and is located in an area of excellent infrastructure 35 km NE of Yamana’s Chapada open pit Cu-Au operation, 105 km NE of Serra Grande’s underground Au mine, 105 km NNW of Anglo American’s nickel laterite project (in construction), 95 km NW of Votarintim’s Niquelandia nickel laterite mine, and some 60 km NE of Yamana’s Pilar Au project (in feasibility). The Serra da Mesa 450 MW hydro-electric dam lies 35 km to the east. Amarillo Gold Corp.`s mission is to build in-ground gold reserves for future development in Brazil, currently one of the world`s most promising emerging markets. The declining reserves at mines owned by major producers, combined with fewer major discoveries globally, will significantly increase the value of junior mining and exploration companies with reserves and resources; such as Amarillo Gold Corp. Amarillo Gold`s focus on building gold reserves and resources in a politically stable, accessible, and mining friendly country further enhances the value of its projects.