Record Quarterly Gold Production of 25,672 Ounces in Q2
Orla Mining Ltd. (TSX: OLA) (NYSE: ORLA) is pleased to provide an interim operational update for the second quarter ended June 30, 2022.
CAMINO ROJO OXIDE MINE OPERATIONAL UPDATE
|Mining and Processing Totals||Q2 2022||YTD 2022|
|Ore – processed||tonnes||1,657,327||3,062,279|
|Low Grade Ore – stockpiled||tonnes||381,504||842,703|
|Total Ore Mined Gold Grade||g/t||0.71||0.70|
|Ore – processed||g/t||0.80||0.80|
|Low Grade Ore – stockpiled||g/t||0.33||0.35|
|Stacked Ore Gold Grade||g/t||0.80||0.81|
|Daily Stacked Throughput Rate – Average*||tpd||18,245||17,087|
|Daily Stacked Throughput / Nameplate Capacity||%||101.4 %||94.9 %|
|Total Crushed Ore Stockpile**||tonnes||223,039|
|Total Crushed Ore Stockpile Au Grade||g/t||0.86|
|Total ROM Ore Stockpile**||tonnes||1,238,454|
|Total ROM Ore Stockpile Grade||g/t||0.36|
*Average stacking rate calculation excludes truck-stacked overliner material (0 tonnes for Q2 2022 and 220,432 tonnes for YTD 2022).
**Crushed ore stockpile includes crushed ore in the crushed ore stockpile, and stockpiled overliner fines. ROM stockpile includes low-grade stockpiles and ROM ore stockpile.
Qualified Persons Statement
The scientific and technical information related to Camino Rojo in this news release was reviewed and approved by Mr. J. Andrew Cormier, P. Eng., Chief Operating Officer of the Company, who is the Qualified Person as defined under NI 43-101 standards.
About Orla Mining Ltd.
Orla is operating the Camino Rojo Oxide Gold Mine, a gold and silver open-pit and heap leach mine, located in Zacatecas State, Central Mexico. The property is 100% owned by Orla and covers over 160,000 hectares. The technical report for the 2021 Feasibility Study on the Camino Rojo oxide gold project entitled “Unconstrained Feasibility Study NI 43-101 Technical Report on the Camino Rojo Gold Project – Municipality of Mazapil, Zacatecas, Mexico” dated January 11, 2021, is available on SEDAR and EDGAR under the Company’s profile at www.sedar.com and www.sec.gov, respectively. The technical report is also available on Orla’s website at www.orlamining.com. Orla also owns 100% of Cerro Quema located in Panama which includes a near-term gold production scenario and various exploration targets. Cerro Quema is a proposed open pit mine and gold heap leach operation. The technical report for the Pre-Feasibility Study on the Cerro Quema oxide gold project entitled “Project Pre-Feasibility Updated NI 43-101 Technical Report on the Cerro Quema Project, Province of Los Santos, Panama” dated January 18, 2022, is available on SEDAR and EDGAR under the Company’s profile at www.sedar.com and www.sec.gov, respectively. The technical report is also available on Orla’s website at www.orlamining.com.
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We acknowledge the [financial] support of the Government of Canada.