Business
Orla Mining Provides Third Quarter 2023 Operational Results and Increases 2023 Annual Gold Production Guidance
Orla Mining Provides Third Quarter 2023 Operational Results and Increases 2023 Annual Gold Produc...
About this update from Orla Mining Ltd.
[{"type":"text","content":"\n \n \n \n Orla Mining Provides Third Quarter 2023 Operational Results and Increases 2023 Annual Gold Production Guidance\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nVERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; PADDING-LEFT:0.17em; PADDING-RIGHT:0.17em; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prngen2{\nVERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; PADDING-LEFT:0.17em; PADDING-RIGHT:0.17em; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid\n}\n.prngen4{\nVERTICAL-ALIGN: TOP; PADDING-LEFT:0.17em; PADDING-RIGHT:0.17em; FONT-SIZE: 8PT; FONT-FAMILY: ARIAL; COLOR: BLACK; MARGIN:0em; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:0pt solid black; BORDER-RIGHT:0pt solid black; BORDER-BOTTOM:0pt solid black; BORDER-LEFT:0pt solid black\n}\n.prnml20{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:1.67em !IMPORTANT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Oct. 16, 2023\n \n \n /CNW/ -\n \n Orla Mining Ltd.\n \n (TSX: OLA) (NYSE: ORLA) (\"Orla\" or the \"Company\") is pleased to provide an interim operational update for the third quarter ended\n \n September 30, 2023\n \n .\n \n \n \n \n \n \n \n \n \n During the third quarter of 2023, the Camino Rojo Oxide Mine produced and sold 32,425 and 31,060 ounces of gold, respectively. Year to date, Camino Rojo has been performing better than plan and, as a result, the Company is increasing full year gold production guidance to 110,000 to 120,000 ounces from its initial guidance of 100,000 to 110,000 ounces.\n \n \n As at\n \n September 30, 2023\n \n , Orla had a cash position of\n \n US$132.7 million\n \n and\n \n US$36.7 million\n \n undrawn on its revolving credit facility for total liquidity of\n \n US$169.4 million\n \n . Subsequent to quarter en...