Mr. Jason Simpson reports

ORLA MINING ACHIEVES RECORD QUARTERLY PRODUCTION WITH FIRST FULL QUARTER CONTRIBUTION FROM MUSSELWHITE

Orla Mining Ltd. has provided an operational update for the second quarter ended June 30, 2025. Orla remains on track to achieve annual consolidated production guidance of 280,000 to 300,000 ounces of gold following the quarter.

Camino Rojo operations

During the quarter, Camino Rojo mined nearly two million tonnes of ore and 2.6 million tonnes of waste for an implied strip ratio of 1.33. A total of 1.7 million tonnes of ore were stacked at an average grade of 0.71 gram per tonne gold, equating to an average daily stacking rate of about 18,500 tonnes. In addition, 900,000 tonnes of low-grade ore were rehandled and placed on the leach pad, averaging 0.32 gram per tonne gold. In total, 2.6 million tonnes of ore at an average grade of 0.57 gram per tonne gold were placed on the heap-leach pad during the quarter.

Musselwhite operations

During the quarter, Musselwhite mined 303,000 tonnes of ore and milled 295,000 tonnes at a mill head grade of 5.52 grams per tonne gold. Gold recovery was 96.5 per cent resulting in gold production of 52,666 ounces.

Liquidity position

During the second quarter, Orla repaid $30-million toward its revolving credit facility, ahead of schedule, bringing the outstanding drawn amount to $120-million. At June 30, 2025, Orla's cash position was $215.4-million, resulting in a net debt position of $204.6-million.

Second quarter 2025 conference call

Orla expects to release its second quarter 2025 operating and financial results on Monday, Aug. 11, 2025, and will host a conference call on Tuesday, Aug. 12, 2025, at 10 a.m. Eastern Time, to provide a corporate update.

Dial-in numbers/webcast

United States toll-free:  1-800-715-9871

United States/international toll:  1-646-307-1963

Canada -- Toronto:  1-647-932-3411

Canada -- toll-free:  1-800-715-9871

Conference ID:  3544395

Webcast:  on the Orla Mining website

Qualified person statement

The scientific and technical information in this news release was reviewed and approved by J. Andrew Cormier, PEng, chief operating officer of the company, who is the qualified person as defined under National Instrument 43-101 standards.

About Orla Mining Ltd.

Orla's corporate strategy is to acquire, develop and operate mineral properties where the company's expertise can substantially increase stakeholder value. The company has three material projects, consisting of two operating mines and one development project, all 100 per cent owned by the company: (1) Camino Rojo in Zacatecas state, Mexico, an operating gold and silver open-pit and heap-leach mine; the property covers over 139,000 hectares and contains a large oxide and sulphide mineral resource; (2) the Musselwhite mine in Northwestern Ontario, Canada, an underground gold mine that has been in operation for over 25 years and produced over six million ounces of gold, with a long history of resource growth and conversion; and (3) South Railroad in Nevada, United States, a feasibility-stage, open-pit, heap-leach gold project located on the Carlin trend in Nevada. The technical reports for the company's material projects are available on Orla's website and on SEDAR+ and EDGAR under the company's profile.

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