Orla Mining

Orla Mining Provides Update on Panama and the Cerro Quema Project

https://orlamining.com/news/...on-panama-and-the-cerro-quema-project/  

December 20, 2024

Orla Mining Announces Filing of Special Meeting Materials and 43-101 Technical Report for Musselwhite Acquisition

Vancouver, BC ? December 20, 2024 - Orla Mining Ltd. (TSX: OLA; NYSE: ORLA) (?Orla? or the "Company") is pleased to announce that it has filed a management information circular and related materials (the ?Meeting Materials?) for its special meeting of shareholders of the Company (?Shareholders?) to be held on January 21, 2025 (the ?Meeting?) in connection with the proposed acquisition of the Musselwhite Mine from Newmont Corporation (?Newmont?) announced on November 18, 2024 (the ?Transaction?).

Along with the Meeting Materials, the Company has also filed an independent technical report on the Musselwhite Mine (the ?Technical Report?), prepared in accordance with National Instrument 43-101 ? Standards of Disclosure for Mineral Projects.

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https://orlamining.com/news/...al-report-for-musselwhite-acquisition/

 

January 9, 2025

Leading Independent Proxy Advisory Firms Recommend Orla?s Shareholders Vote for the Proposed Acquisition of Musselwhite Mine from Newmont Corporation

Vancouver, BC ? January 9, 2025 ? Orla Mining Ltd. (TSX: OLA; NYSE: ORLA) (?Orla? or the "Company") is pleased to announce that the two leading independent proxy advisory firms have each recommended that Orla?s shareholders vote FOR the resolution to approve the Company?s proposed acquisition of the Musselwhite Mine (the ?Transaction?) from Newmont Corporation (?Newmont?).

The proxy advisory firms also recommended voting FOR a resolution to approve a concurrent private placement of convertible notes and common share purchase warrants to Pierre Lassonde and Fairfax Financial Holdings Limited. The net proceeds from the private placement will be used to fund a portion of the purchase price of the Transaction (the ?Concurrent Private Placement?).

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https://orlamining.com/news/...posed-acquisition-of-musselwhite-mine/
 

Boden.  

Vancouver, BC ? January 16, 2025 ? Orla Mining Ltd. (TSX: OLA; NYSE: ORLA) (?Orla? or the ?Company?) is pleased to provide an operational update for the fourth quarter and year ended December 31, 2024, as well as preliminary 2025 guidance.

The Company produced 26,531 ounces of gold in the fourth quarter, bringing total annual gold production for 2024 to 136,748 ounces. As a result, the Company achieved its improved full-year 2024 production guidance range of 130,000 to 140,000 ounces, representing a 19% beat to the mid-point of its initial production 2024 guidance of 110,000 to 120,000 ounces. As a result of this increased production the Company anticipates full year 2024 all-in sustaining cost[1] (AISC) to be at the low end of the improved guidance range of $800 to $900 per ounce of gold sold. Complete financial and operating results for the fourth quarter and full year 2024 are expected to be provided on March 18, 2025.

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https://orlamining.com/news/...d-announces-preliminary-2025-guidance/  

Orla Shareholders Approve Acquisition of Musselwhite Mine

Vancouver, BC ? January 21, 2025 ? Orla Mining Ltd. (TSX: OLA; NYSE: ORLA) (?Orla? or the ?Company?) is pleased to announce the results of the special meeting of the shareholders of the Company (the ?Shareholders?) held earlier today (the ?Meeting?).

At the Meeting, Shareholders approved (i) the Company?s proposed acquisition of the Musselwhite Mine (the ?Transaction?) from Newmont Corporation (?Newmont?) and (ii) the concurrent private placement (the ?Financing?) of convertible notes and common share purchase warrants to Pierre Lassonde and Fairfax Financial Holdings Limited (?Fairfax?), both of whom are ?insiders? of the Company as defined under the TSX Company Manual.

A total of 186,303,542 of the common shares of the Company (?Shares?) were represented at the Meeting, representing 57.9% of the total issued and outstanding Shares.

The ordinary resolutions approving the Transaction and Financing were approved by 99.9% and 99.8%, respectively, of the votes cast by Shareholders present in person or represented by proxy and entitled to vote at the Meeting, excluding the votes attached to the Shares held by Newmont, Mr. Lassonde and Fairfax in accordance with Multinational Instrument 61-101 ? Protection of Minority Security Holders in Special Transactions and/or the TSX Company Manual, as applicable.

The Financing is expected to close concurrently with and is conditional on the closing of the Transaction. Additional information regarding the terms of the Transaction and the Financing are set out in the management information circular of the Company dated December 9, 2024, which is available on the Company?s website at www.orlamining.com, and on SEDAR+ and EDGAR under the Company?s profile at www.sedarplus.ca and www.sec.gov, respectively.

The Transaction is expected to close in the first quarter 2025 and is subject to other customary closing conditions

https://orlamining.com/news/...prove-acquisition-of-musselwhite-mine/  

Orla Mining Intersects High Grade Oxide Gold at South Carlin Complex and Advances Permitting for South Railroad Project in Nevada

34.7 m at 2.68 g/t Au, incl. 13.6 m at 5.85 g/t (Oxide) ? Dark Star 55.2 m at 1.04 g/t Au incl. 11.3 m at 2.86 g/t Au (Oxide) ? Pinion 65.5 m at 1.16 g/t Au, Incl. 10.7m at 2.60 g/t Au (Oxide) ? Bowl

Vancouver, BC ? February 25, 2025 ? Orla Mining Ltd. (TSX: OLA; NYSE: ORLA) (?Orla? or the ?Company?) is pleased to provide additional exploration results from the 2024 South Carlin Complex program along with permitting progress for the South Railroad Project (the ?Project?).
Highlights:

   Dark Star and Pinion project targets (Central Area): Multiple high-grade intersections within and beyond the feasibility study open pits demonstrate clear potential to expand resources and reserves at Dark Star and Pinion.
   Oxide targets (South Area): Shallow drilling along soil geochemistry anomalies has revealed extensive gold-bearing structural trends highlighting significant potential to expand oxide resources to support the future heap leach operation.
   Sulphide targets (North Area): Drill holes testing the extension of the North Bullion deposit, as well as Skarn-type targets returned significant mineralization, setting the stage for high-priority follow up drilling.
   Ambitious 2025 exploration program planned with $15 million investment to accelerate resource growth and new discoveries at South Carlin Complex.
   Significant permitting advances and water rights secured for the South Railroad Project.
   South Carlin Resource & Reserve estimate and Technical Report update expected to be completed in the second half of 2025.
   Considerable project advancement with awarding of Engineering, Procurement, and Construction Management (EPCM) contract to M3 Engineering & Technology Corp., and commencement of basic engineering.

?The South Railroad Project has exceeded our expectations since its acquisition in 2022 and subsequent expansion in 2024, which formed the larger the South Carlin Complex. Each drilling campaign has not only validated our geological model but also uncovered new high-grade and near-surface oxide mineralization across multiple targets. These excellent results strengthen our confidence in the untapped potential of the South Carlin Complex, supporting long-term resource growth and positioning it as an emerging Nevada gold district with significant potential for sustainable value creation.?
? Sylvain Guerard, Orla?s Senior Vice President, Exploration

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https://orlamining.com/news/...-for-south-railroad-project-in-nevada/