Orla Mining Ltd. is pleased to provide an exploration update and overview of targets and program objectives for its Camino Rojo and Cerro Quema Projects for 2022. "With Camino Rojo ramping up production and beginning to generate cash flow, Orla will gradually increase exploration expenditures," said Jason Simpson, President and Chief Executive Officer of Orla. "This disciplined allocation of capital to Mexico and Panama [...]
Orla Mining Ltd. is pleased to provide the Company's first annual guidance which includes the outlook for production, operating costs, capital costs, and exploration spending at Orla's Camino Rojo Mine in Mexico, and the Cerro Quema Project in Panama. 2022 Operational Guidance and Outlook1 Gold Production oz 90,000 - 100,000 All-in Sustaining Costs 2,3 $/oz Au sold $600 - $700 Capital Expenditures3 Sustaining Capital [...]
Orla Mining Ltd. is pleased to announce that Chafika Eddine has been appointed to the newly created position of Chief Sustainability Officer and will be joining the Orla executive team effective March 1, 2022. The purpose of the CSO role will be to integrate corporate responsibility into all aspects of Orla's business decision making, with the goal of increasing the Company's value by reducing business risk. Ms. Eddine [...]
Orla Mining Ltd. is pleased to provide an operational update for the Camino Rojo Oxide Mine. Camino Rojo Oxide Mine poured first gold on December 13, 2021. Gold production totalled 2,422 ounces in 2021 and 6,263 ounces January 2022. Commissioning activities are substantially complete; mining and processing throughput rates and availabilities are in-line with the ramp-up plan. The Company is targeting declaration of [...]
Orla Mining Ltd. is pleased to announce that the Company has filed an updated technical report, prepared in accordance with the disclosure standards under National Instrument 43-101 for its Cerro Quema project located in the Azuero Peninsula, Los Santos Province, Panama. The updated technical report now includes the independent mineral resource estimate for the Caballito copper-gold deposit, details of which were [...]
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 [...]