Orla Mining PEA Results

Orla Mining has announced positive results of a Preliminary Economic Assessment (PEA) for the underground project at its Camino Rojo mine in Zacatecas, Mexico, as reported by Mining.com. The PEA evaluates the technical and economic potential of a stand-alone, underground development project beneath the existing Camino Rojo open pit operation. The project demonstrates robust economics across gold price scenarios, with a net present value (NPV) of $1.3 billion and 30% internal rate of return (IRR) at $3,100/oz gold price. Average annual gold production over the first 10 years is projected to be 215,000 ounces, with an expected average all-in sustaining cost (AISC) of $1,304 per payable ounce of gold. A phased de-risking program will advance optimization studies, exploration decline development, and staged underground drilling ahead of a construction decision.