Orla Mining Ltd. is excited to announce that the Company has poured gold from its Camino Rojo Oxide mine located in Zacatecas State, Mexico. Orla has achieved first gold pour at Camino Rojo, an important milestone in the rapid evolution of our Company. This accomplishment is the result of the hard work and diligence of the entire team, and we are incredibly proud. This team includes our employees, our consultants, and our [...]
676 Mlbs CuEq Indicated, 425 Mlbs CuEq Inferred Orla Mining Ltd. is pleased to announce the independent mineral resource estimate for the Caballito copper-gold deposit at the Company's 100%-owned Cerro Quema project located in the Azuero Peninsula, Los Santos Province, Panama. Caballito is a large, copper-gold deposit that represents an opportunity for the Company to potentially transform the scale and scope of Cerro [...]
Camino Rojo construction 96% complete Orla Mining Ltd. today announces the results for the third quarter ended September 30, 2021. THIRD QUARTER 2021 HIGHLIGHTS: Camino Rojo Oxide Project construction is progressing on schedule and was 89% complete at September 30, 2021, and 96% complete at October 31, 2021. Construction remains on budget. Camino Rojo capital expenditures totalled $24.3 million in the third quarter and [...]
Construction 89% Complete Orla Mining Ltd. is pleased to provide a construction update for the Camino Rojo Oxide Project. Camino Rojo construction was 89% complete as of September 30, 2021, on schedule for first pour in December 2021 and commercial production in the first quarter of 2022. Construction remains on schedule with the main activities completed during the quarter including: Ramp up of mining activities in line [...]
Canada's premier equities market to celebrate TSX30 companies today in a virtual market open ceremony Toronto Stock Exchange today announced the 2021 TSX30™, the Exchange's flagship program showcasing the 30 top-performing stocks over a three-year period, based on dividend-adjusted share price performance. The annual ranking serves to spotlight the achievements and sustained success of TSX's leading listed companies while [...]
Orla Mining Ltd. is pleased to announce that the Company has filed a technical report, prepared in accordance with the disclosure standards under National Instrument 43-101 for its Cerro Quema Oxide Gold Project located in the Azuero Peninsula, Los Santos Province, Panama. Orla previously announced the results for the Pre-Feasibility Study , which highlighted an estimated Project after-tax net present value of US$176 [...]
Construction 61% Complete Orla Mining Ltd. is pleased to provide results for the second quarter ended June 30, 2021. SECOND QUARTER 2021 HIGHLIGHTS: Project to date safety and environmental performance has been excellent and there have been no delays in construction due to COVID-19. As of June 30, 2021, there were 1,045 workers at the Project as part of construction activities with 17% from the local communities, 28% from [...]
Orla Mining Ltd. is pleased to provide the results from the oriented in-fill core drilling program on its Camino Rojo sulphide deposit , located in Zacatecas, Mexico. The drill results confirm the presence of wide, higher-grade gold zones within the sulphide mineral resource, and the Company intends to further explore the potential for open pit or underground bulk mining methods. An updated resource estimate for the [...]
Orla Mining Ltd. is pleased to provide the results of a Pre-Feasibility Study and mineral resource and mineral reserve estimates on its Cerro Quema Oxide Gold Project located in the Azuero Peninsula, Los Santos Province, Panama. The PFS demonstrates the possibility of a low cost, high return heap leach project. The estimated Project after-tax net present value is $176 million with an after-tax internal rate of return of [...]
Orla Mining Ltd. is pleased to announce that it has closed its previously announced non-brokered prospectus financing consisting of 9,085,263 common shares priced at C$4.75 per common share for total gross proceeds of US$35,000,000 . The Offering was subscribed to by certain accredited investors under applicable securities laws, including a large institutional investor, Pierre Lassonde, Agnico Eagle Mines Ltd., and [...]
Orla Mining Ltd. is pleased to announce a non-brokered prospectus financing consisting of 9,085,263 common shares priced at C$4.75 per common share for total gross proceeds of US$35,000,000 . The Offering has been subscribed to by accredited investors under applicable securities laws, including a large institutional investor , Pierre Lassonde, Agnico Eagle Mines Ltd. , and Trinity Capital Partners Corporation . The [...]
Orla Mining Ltd. is pleased to report the voting results for the election of its Board of Directors, which took place at the Company's Annual and Special Meeting of Shareholders held today. All nominees, as set forth in the Company's Management Information Circular dated April 6, 2021 , were elected as directors of Orla at the AGM. Detailed results of the votes are set out below: Nominee Votes For % For Votes Withheld [...]