Andrew Mikitchook

Bryce Adams

Allison Carson

John Sclodnick

Wayne Lam

- Orla Mining Ltd. reported **total gold production of 79,645 ounces** and **total gold sold of 78,857 ounces** for the third quarter ended September 30, 2025.  **[1680056_0001279569-25-001114_ex991.htm:1]** 
- The company is on track to achieve its **revised annual consolidated production guidance of 265,000 to 285,000 ounces of gold** for 2025.  **[1680056_0001279569-25-001114_ex991.htm:1]** 
- This revised guidance, updated on August 5, 2025, followed an uncontrolled material movement at the Camino Rojo operation, adjusting Camino Rojo's annual gold production guidance to **95,000-105,000 ounces** and consolidated guidance to **265,000-285,000 gold ounces**.  **[1680056_0001279569-25-001114_ex991.htm:1]** 
- As of September 30, 2025, Orla's liquidity position included **cash of $326.9 million** and **debt of $420.0 million**, resulting in a **net debt of $93.1 million**.  **[1680056_0001279569-25-001114_ex991.htm:1]**

Orla Mining Reports Q3 2025 Gold Production and Liquidity Update

- Orla Mining Ltd. has discovered a potential **two-kilometre extension** of the main gold trend at its Musselwhite Mine, with deep directional drilling confirming high-grade gold mineralization **1.6 kilometres** along strike from current operations, including **4.1 metres at 15.1 g/t Au**.  **[1680056_0001279569-25-001082_ex991.htm:1]** 
- This discovery indicates substantial potential to **extend the mine life** and **increase production** from Musselwhite, which currently holds **1.5 million ounces of proven and probable reserves** and has produced over **6 million ounces of gold**.  **[1680056_0001279569-25-001082_ex991.htm:1]** **[1680056_0001279569-25-001082_ex991.htm:5]** 
- The company's **$25 million** two-year exploration program, initiated in February 2025, is approximately **65% complete** for 2025, with underground drilling yielding high-grade intersections such as **10.1 metres at 27.2 g/t Au**.  **[1680056_0001279569-25-001082_ex991.htm:1]** **[1680056_0001279569-25-001082_ex991.htm:3]** **[1680056_0001279569-25-001082_ex991.htm:7]** **[1680056_0001279569-25-001082_ex991.htm:13]**

Orla Mining Announces Significant Gold Exploration Success at Musselwhite Mine

- **Scott Langley**, Newmont Corporation's nominee, has **resigned** from Orla Mining Ltd.'s Board of Directors, effective immediately.  **[1680056_0001279569-25-001035_ex991.htm:0]** 
- This resignation follows the **termination of Newmont's investor rights agreement** with Orla, which occurred after Newmont's recent disposition of its common shares in the company.  **[1680056_0001279569-25-001035_ex991.htm:0]** 
- Orla's Board of Directors **does not intend to make any further changes** to its composition at this time.  **[1680056_0001279569-25-001035_ex991.htm:0]**

Orla Mining (ORLA)