Mr. Jason Simpson reports

ORLA MINING REPORTS STRONG GOLD PRODUCTION FROM MUSSELWHITE IN THIRD QUARTER

Orla Mining Ltd. has provided an operational update for the third quarter ended Sept. 30, 2025. Orla is on track to achieve revised annual consolidated production guidance of 265,000 to 285,000 ounces of gold.

(All amounts expressed in millions of United States dollars, as at Sept. 30, 2025, and are unaudited.)

"With pit stabilization at Camino Rojo progressing well and integration at Musselwhite advancing smoothly, both operations are performing well. We are now on track to achieve the high end of our revised production guidance," said Jason Simpson, president and chief executive officer, Orla Mining.

Musselwhite operations

During the quarter, Musselwhite mined 325,923 tonnes of ore and processed 329,634 tonnes at a mill head grade of 5.87 grams per tonne gold. Gold recovery was 95.3 per cent resulting in gold production of 57,586 ounces.

Camino Rojo operations

As previously reported on July 23, Camino Rojo experienced an uncontrolled material movement along the temporary north wall of the open pit. Importantly, there were no injuries, equipment damage or environmental impacts resulting from the event. The corporate and site teams, supported by a group of experts in the field, responded with a plan to stabilize the area, including a 50- to 80-metre pushback and continuing monitoring. Due to the resulting change to the mine schedule for 2025, on Aug. 5, the company updated Camino Rojo's annual gold production guidance to 95,000 to 105,000 ounces, from 110,000 to 120,000 gold ounces (see the company's Aug. 5, 2025, press release). As a result, Orla also revised its consolidated annual gold production guidance accordingly to 265,000 to 285,000 gold ounces from 280,000 to 300,000 gold ounces.

During the quarter, Camino Rojo mined over 700,000 tonnes of ore and nearly 2.4 million tonnes of waste, for an implied strip ratio of 3.34. A total of 1.7 million tonnes of ore were stacked at an average grade of 0.44 g/t gold equating to an average daily stacking rate of about 18,900 tonnes. In addition, 1.1 million tonnes of run-of-mine low-grade ore from the stockpile were rehandled and placed on the leach pad, averaging 0.32 g/t gold. In total, 2.8 million tonnes of ore at an average grade of 0.40 g/t gold were placed on the heap leach pad during the quarter.

Liquidity position

At Sept. 30, 2025, Orla's cash and debt positions were $326.9-million and $420.0-million, respectively, resulting in a net debt position of $93.1-million.

Third quarter 2025 conference call

Orla expects to release its third quarter 2025 operating and financial results on Tuesday, Nov. 11, 2025, and will host a conference call on Wednesday, Nov. 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

U.S./international toll:  1-646-307-1963

Canada -- toll-free:  1-800-715-9871

Canada -- Toronto toll:   1-647-932-3411

Conference ID:  3544395

Webcast:  Orla Mining website

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 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 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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