Mr. Jason Simpson reports
ORLA MINING FILES UPDATED TECHNICAL REPORT ON CAMINO ROJO TO INCLUDE THE INITIAL UNDERGROUND MINERAL RESOURCE
Orla Mining Ltd. has filed an updated technical report, prepared in accordance with the disclosure standards under National Instrument 43-101 for its Camino Rojo deposit located in Zacatecas, Mexico. The updated technical report now includes the initial underground mineral resource estimate for the Camino Rojo deposit, incorporating mineralization hosted in the Camino Rojo Sulphides and extending into the underlying Zone 22, details of which were previously announced (see news release dated June 5, 2025).
The detailed technical report is now available on SEDAR+ and EDGAR under the company's profile, respectively. The technical report is now also available on Orla's website.
Orla is currently advancing a 15,000-metre drilling program aimed at upgrading and expanding the upper part of the Zone 22 resource. This drill program is currently approximately 90 per cent complete. Engineering and metallurgical studies are currently under way with the objective of delivering a preliminary economic assessment (PEA) in 2026. The next phase of exploration to support the possible development of the underground deposit, including Zone 22, involves the planning, permitting and construction of an exploration drift, which could commence as early as 2026.
Qualified persons 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 NI 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 which contains a large oxide and sulphide mineral resource, (2) 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, respectively.
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