Orla Mining Ltd (OLA) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to Orla Mining's conference call for the first quarter 2025 results. My name is Regina, and I will be your conference operator today. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, press star one a second time. Please be advised that this call is being recorded. I would like to turn the meeting over to Andrew Bradbury, Vice President, Investor Relations and Corporate Development. Please go ahead, Mr. Bradbury. Thank you, operator, and welcome to Orla's first quarter 2025 results conference call. We will be making four little statements during today's call, and I would direct you to the second and third slides of the presentation, which contains important cautionary notes regarding these four little statements. All dollar amounts discussed today will refer to U.S. dollars, unless otherwise indicated. The oil executive came on the call this morning, and I'll pass the call to Jason Simpson, President and CEO. Thanks, Andrew. During the first quarter, Camino Rojo continued to perform with low costs, and the continued gold price momentum drove strong cash flows. We recorded our first month of production from our newly acquired Musselwhite mine, which drove a record quarter of gold production for Orla. We continue to advance our exploration and development projects in Mexico and Nevada, and now have begun our exploration program in Canada. With the integration of Musselwhite underway, we are aggressively investing in exploration and investing capital into the operat...