Orla Mining (NYSEAM:ORLA) 2025 Conference Transcript

Summary of Orla Mining Conference Call Company Overview - Company: Orla Mining (NYSEAM:ORLA) - Industry: Gold Mining Core Points and Arguments 1. Company Positioning: Orla Mining positions itself as an emerging gold producer, focusing on consistency and self-comparison rather than against larger industry players [1][2] 2. Growth Strategy: The company has transitioned from a developer to a multi-asset diversified producer, emphasizing performance and growth [2][3] 3. Camino Rojo Performance: The Camino Rojo project in Mexico is highlighted as a foundational asset, delivering steady output, low costs, and strong free cash flow [3][11] 4. Future Projects: Orla is planning future growth through: - An underground project at Camino Rojo - Integration of Musselwhite Mine in Northern Ontario - South Railroad project in Nevada, with construction targeted to begin in 2026 and first gold pour expected in early 2028 [4][9][10] 5. Production Goals: The company aims to produce nearly 500,000 ounces of gold annually, representing a fivefold increase in production over five years [5][10] 6. Musselwhite Mine Acquisition: Acquired Musselwhite Mine, which has a strong operational history and is expected to double annual gold output [6][7] 7. Investment in Growth: Orla is committing over $130 million in capital and exploration this year to unlock future potential [7][12] 8. Financial Guidance: For the current year, Orla is guiding for gold production of 265,000 to 285,000 ounces, with all-in sustaining costs between $1,350 and $1,550 per ounce [12] 9. Shareholder Value: The company has achieved over 1,000% return since 2017, emphasizing disciplined growth and strong balance sheet management [15] Additional Important Content 1. Community and Partnerships: Orla emphasizes collaboration with communities and reputable partners, such as Agnico Eagle, which recently monetized its position in Orla [5][13] 2. Recognition: Orla was named to the 2025 TSX 30, recognizing it as one of the top-performing stocks on the Toronto Stock Exchange [14] 3. Long-term Vision: The company is focused on maintaining production at Camino Rojo, advancing South Railroad, and maximizing Musselwhite, all while extending its portfolio [15][16] This summary encapsulates the key points discussed during the Orla Mining conference call, highlighting the company's strategic direction, growth initiatives, and financial performance.