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Orla Mining Provides Q2 2024 Operational Results

Camino Rojo Delivers Another Strong Quarter of Gold Production VANCOUVER, BC, July 10, 2024 /CNW/ - Orla Mining Ltd. (TSX:OLA) (NYSE:ORLA) ("Orla" or the "Company") is pleased to provide an interim operational update for the second quarter ended June 30, 2024. (All amounts expressed in millions of US dollars, as at June 30, 2024 and are unaudited unless otherwise stated) Second Quarter 2024 Camino Rojo Oxide Mine Operational Update The Camino Rojo Oxide Mine produced 33,206 ounces and sold 34,875 ounces of gold during the second quarter 2024. Camino Rojo Mining and Processing Totals Q2 2024 YTD Q2 2024  Ore Mined tonnes 1,904,649 3,848,513  Waste Mined tonnes 2,051,940 2,924,511  Total Mined tonnes 3,956,589 6,773,024  Strip Ratio w:o 1.08 0.76  Ore Stacked tonnes 1,934,678 3,717,983  Daily Stacked Throughput Rate – Average tpd 19,717 19,657  Stacked Ore Gold Grade g/t 0.87 0.84  Gold Produced oz 33,206 66,429  Gold Sold oz 34,875 66,921 At June 30, 2024, Orla had cash of $154.3 million and total debt of $78.4 million, resulting in a net cash position of $75.9 million1. The Company has an undrawn amount of $71.6 million available on its revolving credit facility, which supports total liquidity of $225.9 million at quarter end1. The liquidity position at