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Highlights
Orla Mining Ltd. achieves record gold production for the second quarter
Musselwhite mine contributes for the first full quarter, significantly boosting output
Company maintains alignment with full-year gold production guidance
(TSX:OLA), operating within the materials sector and listed on the S&P/TSX 60, has reported a record level of gold production for the second quarter ending June. The achievement comes amid the first full-quarter contribution from its recently acquired Musselwhite operation in Canada.
The company operates two primary gold assets: Camino Rojo in Mexico and Musselwhite in Canada. The combined output from these two sites underpinned the company's consolidated quarterly performance, with both mines demonstrating consistent operational activity and throughput.
Musselwhite Mine Supports Volume Growth
Musselwhite has become a key driver in the company’s overall gold output. With consistent ore milling operations and a robust ore grade, the mine has delivered a significant portion of the overall gold production this quarter. This marks the first full-quarter contribution since integration, strengthening Orla Mining’s asset portfolio in the North American region.
The processed tonnage from Musselwhite met internal expectations, and the quality of the ore head grade remained stable. The site’s ability to maintain operational efficiency while scaling production has positioned it as a cornerstone within Orla’s operational structure.
Camino Rojo Continues Steady Operational Output
At the Camino Rojo site, Orla Mining carried out extensive stacking operations, with multiple tonnes of ore processed during the quarter. The daily stacking rates remained consistent, and the average gold grade of the stacked ore was in line with previous quarters.
Additionally, rehandling of low-grade ore contributed to overall tonnage placed on the leach pad, with all activities aligning with the broader production strategy. Mining operations included a balanced approach to ore and waste movement, supporting a stable strip ratio for the period.
Consolidated Gold and Guidance Alignment
Both Camino Rojo and Musselwhite contributed to total gold, which were closely aligned with production volumes. Orla Mining has stated that its operations remain on track with annual guidance. The company's disciplined approach to operational execution continues to support its delivery timeline and volume metrics.
The results reaffirm Orla Mining Ltd.'s presence within the S&P/TSX 60, reflecting consistent mining execution and operational scalability. The combination of steady output from Camino Rojo and accelerated throughput from Musselwhite has reinforced Orla's commitment to its gold production framework without deviations from its stated targets.
