Vancouver, BC – August 11, 2025 – Orla Mining Ltd. (TSX: OLA; NYSE: ORLA) (“Orla” or the “Company”) today announces the results for the second quarter ended June 30, 2025.

(All amounts expressed in U.S. dollars unless otherwise stated)

Second Quarter 2025 Summary

• Record quarterly gold production of 77,811 ounces and total quarterly gold sold of 78,911 ounces (pre-released).
• Second quarter all-in sustaining cost¹ (“AISC”) was $1,421 per ounce of gold sold. Year to date AISC was $1,260 per ounce of gold sold.
• Net income for the second quarter was $48.2 million or $0.15 per share
• Adjusted earnings¹ for the second quarter were $64.2 million or $0.20 per share.
• Cash flow from operating activities before changes in non-cash working capital during the second quarter was $102.7 million.
• Exploration and project expenditure¹ was $32.3 million during the quarter, of which $22.9 million was capitalized and $9.4 million was expensed.
• The Company experienced a pit wall event at Camino Rojo on July 23^rd. The mine has started the work on the action plan, including a 50–80 metre pushback of the north wall with a redesigned slope and continuous monitoring. As a result of the operational pause and mining resequencing at Camino Rojo, Orla updated annual consolidated guidance to 265,000 to 285,000 ounces of gold production and AISC of $1,350 to $1,550 per ounces of gold produced.
• The Company ended the period with $215.4 million in cash and $420.0 million in debt after paying $30.0 million towards its revolving credit facility during the quarter.

.

– Jason Simpson, President and Chief Executive Officer of Orla. 

“The second quarter marked another record production period for Orla, supported by strong contributions from Musselwhite.

 

“However, the pit wall event at Camino Rojo on July 23rd was an operational setback.

 

“Thanks to proactive geotechnical monitoring systems, no injuries occurred, and no equipment was damaged.

 

“While the temporary suspension of in-pit operations poses a short-term challenge for what has otherwise been a consistently strong-performing mine, the benefits of Orla’s diversified production base are clear.”  

.

——-

To read the full news release, please click HERE

.

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Orla Mining.

.