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    Andrew MikitchookBMO Capital Markets

    Andrew Mikitchook's questions to Orla Mining Ltd (ORLA) leadership

    Andrew Mikitchook's questions to Orla Mining Ltd (ORLA) leadership • Q1 2025

    Question

    Andrew Mikitchook inquired about the guided sustaining and non-sustaining capital expenditures for the Musselwhite Mine, asking how the $108 million total compares to the $57 million outlined in the 43-101 technical report.

    Answer

    President and CEO Jason Simpson explained that the new guidance reflects an increased investment beyond the reserve-only technical report. He stated this investment is for lateral development, an enhanced mobile fleet, and exploration, representing an improvement designed to extend mine life and potentially expand the production profile.

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