Strengthens Financial Flexibility and Lowers Cost of Capital Orla Mining Ltd. is pleased to announce that the Company has amended its existing US$150 million credit facility with its existing syndicate of lenders comprised of The Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce. The Amended Credit Facility consists of a US$150 million revolving term facility. Amended Credit Facility [...]
Orla Mining Ltd. is pleased to release its inaugural Sustainability Report, highlighting the Company's approach and performance on its environmental, social and governance initiatives. Orla operates the Camino Rojo mine in Mexico and is developing projects in Nevada and Panama. The 2022 Sustainability Report enhances Orla's ESG disclosure and also introduces a long-term roadmap through the Company's "Towards 2030 [...]
Revised 2023 All-In Sustaining Cost Guidance to $700-$800 per ounce Orla Mining Ltd. today announces the results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights: Gold production was 29,058 ounces and gold sold was 29,773 ounces . Year to date gold production is 54,968 ounces. The Company remains on track to meet 2023 annual gold production guidance of 100,000 to 110,000 ounces. All-in sustaining [...]
Orla Mining Ltd. is pleased to provide an interim operational update for the second quarter ended June 30, 2023. During the second quarter of 2023, the Camino Rojo Oxide Mine produced and sold 29,058 and 29,773 ounces of gold, respectively. Camino Rojo continues to perform according to plan, and the Company remains on track to meet 2023 annual gold production guidance of 100,000 to 110,000 ounces. As at June 30, 2023 [...]
3.26 g/t Au over 56.9 m , 5.90 g/t AuEq over 8.5 m , and 61.2 g/t over 1.3 m Orla Mining Ltd. is pleased to provide an update on its exploration activities at Camino Rojo in the first half of 2023. 2023 Exploration Highlights: Camino Rojo Camino Rojo Sulphides : Infill drilling to reduce drill spacing to 25-30 metres in the Sulphides domain has continued to return high-grade gold intercepts over wide widths . Notable [...]
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 General and Special Meeting of Shareholders held today. All nominees, as set forth in the Company's Management Information Circular dated May 11, 2023 , were elected as directors of Orla at the AGM. Detailed results of the votes are set out below: Nominee Votes For % For Votes [...]
Agnico Eagle Exercises Top-Up Right Orla Mining Ltd. today announces the results for the first quarter ended March 31, 2023 as well as the partial exercise by Agnico Eagle Mines Ltd. of its top-up right. First Quarter 2023 Highlights: During the first quarter, gold production was 25,910 ounces and gold sold was 26,859 ounces . The Company remains on track to meet 2023 annual gold production guidance of 100,000 to 110,000 [...]
Orla Mining Ltd. today is pleased to provide an interim operational update for the first quarter ended March 31, 2023. During the first quarter of 2023, the Camino Rojo Oxide Mine produced 25,910 ounces of gold and sold 26,752 ounces of gold. At March 31, 2023, Orla had a cash position of $83.8 million, after making its first planned income tax payment in Mexico of $29.1 million related to the 2022 fiscal year. The [...]
Strong First Year at Camino Rojo Provides Foundation for Growth Orla Mining Ltd. today announces the results for the fourth quarter and year ended December 31, 2022. Fourth Quarter and Full-Year 2022 Highlights: Gold production during the fourth quarter was 32,017 ounces and total gold production for 2022 was 109,596 ounces, achieving high end of the increased annual production guidance range of 100,000 to 110,000 ounces [...]
Selective Follow-up Drilling Planned at Promising Regional Targets Orla Mining Ltd. is pleased to provide an update on its 2022 exploration activities on its Cerro Quema Project and an overview of exploration plans for 2023. 2022 Exploration Highlights: Cerro Quema Caballito Deposit: Drilling increased confidence and refined geometry, controls, and definition of the mineralization. Notable results: CQDH-22-223: 0.98% Cu [...]
Orla Mining Ltd. is pleased to provide an update on its exploration activities on its South Railroad Project in 2022 and an overview of exploration plans for 2023 in Nevada. 2022 Exploration Highlights: South Railroad The resumption of exploration activities in mid-2022 resulted in promising drill results from multiple satellite oxide mineralized zones and targets across the 21,000-hectare South Railroad land package [...]
4.66 g/t Au over 64.0 m , 4.02 g/t Au & 1.5% Zn over 22.9 m , Regional Program Ramping Up with Encouraging Results. Orla Mining Ltd. is pleased to provide an update on its 2022 exploration activities at Camino Rojo and provide an overview of its 2023 exploration plans in Mexico. Updates on Orla's exploration activities in Nevada, US and Panama will be provided in the first quarter. 2022 Exploration Highlights: Camino Rojo [...]
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