Gold Standard Ventures is pleased to announce that leading independent proxy advisory firms, Institutional Shareholder Services and Glass Lewis & Co. have each recommended Gold Standard security holders vote “FOR” the proposed acquisition by Orla Mining at the upcoming special meeting of the Security Holders to be held on August 9, 2022. ISS and [...]
Orla Mining is pleased to provide an interim operational update for the second quarter ended June 30, 2022. Camino Rojo Oxide Mine gold production totalled 25,672 oz for the second quarter 2022, and 48,704 oz year to date. Gold production guidance for the full year 2022 is maintained at 90,000 to 100,000 oz. Camino Rojo's processing throughput for [...]
Orla Mining 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 May 12, 2022, were elected as directors of Orla at the AGM. Detailed results of the [...]
Orla Mining Ltd. and Gold Standard Ventures Corp. are pleased to announce that they have entered into a definitive agreement whereby Orla will acquire all of the issued and outstanding shares of Gold Standard by way of a court-approved plan of arrangement. Gold Standard's key asset is the 100%-owned South Railroad Project, a feasibility-stage, open [...]
Orla Mining announces the results for the first quarter ended March 31, 2022. HIGHLIGHTS: Net income of $18.8 million or $0.08 per share for the first quarter of 2022. Camino Rojo gold production totalled 23,031 ounces in the first quarter. Gold production guidance for the full year 2022 is maintained at 90,000 to 100,000 ounces at all-in [...]
Orla Mining Ltd. is pleased to provide a summary of Phase 1 metallurgical test results on its Camino Rojo sulphide deposit. The Phase 1 metallurgical program has greatly increased Orla's understanding of metallurgical characteristics of Camino Rojo Sulphides, and appears to open up multiple processing options for the Camino Rojo Sulphides relative [...]
Orla Mining Ltd. today is pleased to announce that the Company has refinanced its US$125 million project finance facility with a new US$150 million secured credit facility. The Credit Facility includes a US$100 million term facility and a US$50 million revolving facility through a syndicate of lenders composed of The Bank of Nova Scotia, Bank of [...]
Orla Mining Ltd. today is pleased to provide an interim operational update for the first quarter ended March 31, 2022. Camino Rojo Oxide Mine gold production totalled 23,031 oz for the first quarter 2022. Gold production guidance for the full year 2022 is maintained at 90,000 to 100,000 oz. After a successful commissioning period which included the [...]
Orla Mining Ltd. is pleased to announce the declaration of commercial production at the Camino Rojo Oxide Gold Mine, effective April 1, 2022. "In reaching commercial production at Camino Rojo, we have completed our transformation from explorer through developer to producer in three years", said Jason Simpson, President and Chief Executive Officer [...]
Orla Mining Ltd. today announces the results for the fourth quarter and year ended December 31, 2021. HIGHLIGHTS: The Camino Rojo Oxide Mine poured first gold on December 13, 2021. Gold production totalled 2,422 ounces in 2021 and totaled 15,934 ounces for the first two months of 2022 ending February 28. The Company released 2022 guidance in [...]
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 [...]
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 [...]