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Orla is developing the Camino Rojo Oxide Gold Project, an advanced gold and silver open-pit and heap leach project, located in Zacatecas State, Central Mexico. The project is 100% owned by Orla and covers over 200,000 hectares. Estimated Mineral Reserves as of June 24, 2019 are 44.0 million tonnes at a gold grade of 0.73 grams per tonne (“g/t”) and a silver grade of 14.2 g/t, for total mineral reserves of 1.03 million ounces of gold and 20.1 million ounces of silver. (Comprised of Proven Mineral Reserves of 14,595,000 tonnes at 0.79 g/t gold and 15.1 g/t silver and Probable Mineral Reserves of 29,424,000 tonnes at 0.70 g/t gold and 13.7 g/t silver). The technical report entitled “Feasibility Study, NI 43-101 Technical Report on the Camino Rojo Gold Project — Municipality of Mazapil, Zacatecas, Mexico” dated June 25, 2019 is available on SEDAR under the Company`s profile as well as on Orla`s website at www.orlamining.com. Orla also owns 100% of the Cerro Quema Project located in Panama which includes a near-term gold production scenario and various exploration targets. The Cerro Quema Project is a proposed open pit mine and gold heap leach operation. Please refer to the “Cerro Quema Project - Pre-feasibility Study on the La Pava and Quemita Oxide Gold Deposits” dated August 15, 2014, which is available on SEDAR.
As pioneers in mining and metals, we produce materials essential to human progress. Aluminium and copper, diamonds, gold and industrial minerals, iron ore, coal and uranium: our materials make up the world around us. You`ll find them in smartphones, planes, cars, hospitals and throughout your home. We operate with pioneering spirit. We`ve developed some of the world`s largest and best quality mines and operations, and our people work in around 35 countries across six continents. We`ve pioneered technological innovations, such as our Mine of the Future™ programme and our low-CO2 aluminium from hydropower. And we`ve paved the way in areas such as safety, tax transparency and legacy management. We continue to pioneer progress for a better future. Through research and innovation, we`re helping meet the needs of society in a growing and changing world. We produce essential materials responsibly. Our activities help economies grow and communities prosper. And it`s all underpinned by an absolute commitment to safety – for our people, contractors, and the communities in which we operate – and to minimising our environmental impact. We partner for human progress. We partner with auto industry leaders in developing alloys that are enabling a new generation of lighter, fuel-efficient vehicles. We partner with peers in organisations like the International Council on Mining & Metals to seek better ways to operate. And we work with NGOs worldwide to address some of mankind`s most fundamental challenges: how to grow more food, make better use of water, extend access to healthcare, and reconcile enhanced living standards while minimising impact on the planet. We also partner with the communities in which we operate, sharing the wealth and benefits of what we do with local people, through employment, skills and education, and local economic development initiatives that aim to build self-sustaining communities long after we`re gone.
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