Orla Mining(ORLA)

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Orla Mining(ORLA) - 2022 Q1 - Quarterly Report
2022-05-12 21:19
Exhibit 99.1 Condensed Interim Consolidated Financial Statements ORLA MINING LTD. Condensed Interim Consolidated Balance Sheets (Unaudited – Thousands of United States dollars) | | March 31 | | December 31 | | --- | --- | --- | --- | | As at | 2022 | | 2021 | | ASSETS | | | | | Current assets | | | | | Cash and cash equivalents | 35,038 | $ | 20,516 | | Trade and other receivables | 552 | | 306 | | Value added taxes recoverable (note 6) | 19,022 | | 16,776 | | Inventory (note 4) | 10,629 | | 9,657 | | Prepa ...
Orla Mining(ORLA) - 2021 Q3 - Earnings Call Transcript
2021-11-15 19:02
Orla Mining Ltd. (NYSE:ORLA) Q3 2021 Earnings Conference Call November 15, 2021 10:00 AM ET Company Participants Andrew Bradbury - Director, Investor Relations Jason Simpson - President & Chief Executive Officer Andrew Cormier - Chief Operating Officer Conference Call Participants Bryce Adams - CIBC capital markets Andrew Mikitchook - BMO Capital Markets Operator Good morning, ladies and gentlemen, welcome to the Orla MiningÂ's Conference Call for the Third Quarter of 2021. My name is Christie, and I will b ...
Orla Mining(ORLA) - 2021 Q3 - Quarterly Report
2021-11-15 12:54
Financial Performance - The company reported a net loss of $9.6 million or $0.04 per share for the third quarter of 2021, with a cash balance of $41.6 million as of October 31, 2021[3]. - The company closed a $35 million non-brokered prospectus financing during the quarter, enhancing its financial position[6]. - Exploration and evaluation expenditures totaled $3.6 million for the quarter, focusing on target generation and project study advancement[3]. Project Development - Camino Rojo construction was 96% complete as of October 31, 2021, with capital expenditures totaling $110.9 million to date, in line with the estimated total project cost of $134.1 million[3]. - Mining operations commenced in Q3 2021, with 1,123,779 tonnes of ore and 1,100,721 tonnes of waste mined year-to-date, resulting in a total mined volume of 2,224,500 tonnes[5]. - The first gold production at Camino Rojo is expected by late 2021, with leaching activities set to begin in mid-November 2021[4]. - The company is considering additional drilling in 2022 for the Camino Rojo Sulphide Project to confirm higher-grade zones[12]. - The company is focused on milestones related to the Cerro Quema pre-feasibility study and future development activities, including the timing and results of the Preliminary Economic Assessment (PEA) on the Camino Rojo Sulphide Project[32]. Health and Safety - As of October 31, 2021, 69% of employees and contractors at Camino Rojo were fully vaccinated against COVID-19, ensuring safety during construction[6]. - The company finalized a Collective Bargaining Agreement with the Miners' Union, ratified by 99% of employees, standardizing benefits for all employees[3]. Cost Management - The company acknowledges that projected All-In Sustaining Costs (AISC) is a common practice in the mining industry, although its mines are not yet in production[29]. - Cash costs per ounce are calculated by dividing total operating costs, royalty costs, production taxes, refining and shipping costs by payable gold ounces, providing a useful measure for assessing operating performance[30]. - The company plans to provide a reconciliation to IFRS figures once actual AISC is reported upon commencing production[29]. Regulatory and Compliance - The company prepares financial statements in U.S. dollars and in accordance with IFRS, which differs from U.S. GAAP, affecting comparability[33]. - Mineral reserve and resource estimates comply with Canadian NI 43-101 standards, which differ from U.S. SEC requirements, leading to potential discrepancies in reported figures[34]. - U.S. investors are cautioned that inferred mineral resources have a greater uncertainty regarding their existence and feasibility compared to measured and indicated resources[34]. - The company emphasizes that estimates of inferred mineral resources may not be used as a basis for feasibility studies under Canadian securities laws[34]. - The company undertakes no obligation to update forward-looking statements unless required by securities disclosure laws[32]. Forward-Looking Statements - Forward-looking statements include expectations regarding gold and silver prices, mineral resource estimations, and the impact of COVID-19 on operations, highlighting significant risks and uncertainties[32].
Orla Mining (ORRLF) Investor Presentation - Slideshow
2020-04-20 20:06
ORLA MINING BUILDING A NEW GOLD COMPANY TSX:OLA CORPORATE UPDATE April 2020 Cautionary Disclaimers This presentation contains forward-looking information within the meaning of Canadian securities laws (collectively, "forward-looking statements"). All statements, other than statements of historical fact, are forward-looking statements. Generally, forward-looking statements can be identified by the use of words or phrases such as "expects" "anticipates" "plans", "projects", "estimates", "assumes", intends", " ...
Orla Mining (ORRLF) Investor Presentation - Slideshow
2020-01-23 20:23
ORLA MINING BUILDING A NEW GOLD COMPANY TSX:OLA CORPORATE UPDATE January 2020 Cautionary Disclaimers This presentation contains forward-looking information within the meaning of Canadian securities laws (collectively, "forward-looking statements"). All statements, other than statements of historical fact, are forward-looking statements. Generally, forward-looking statements can be identified by the use of words or phrases such as "expects" "anticipates" "plans", "projects", "estimates", "assumes", intends", ...
Gold Standard Ventures (GSV) Investor Presentation - Slideshow
2019-04-11 20:59
Exploring Our Vast Land Position On The CARLIN TREND NEVADA GSV Gold Standard April 2019 VENTURES CORP. NYSE AMERICAN: GSV | TSX: GSV NYSE AMERICAN: GSV | TSX: GSV Dark Star, Pinion & North Bullion GOLD RESOURCES Forward Looking Statements TERMS OF USE AND DISCLAIMER – This presentation is being provided for the sole purpose of providing the recipients with background information about Gold Standard Ventures Corp. ("Gold Standard"). Gold Standard has made reasonable efforts to ensure that the information co ...