Orla pours first gold at Camino Rojo, targets commercial production for Q1 2022
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(Kitco News) – Orla Mining (TSX: OLA) today announced that the company has poured gold from its Camino Rojo oxide mine located in Zacatecas State, Mexico.
The company said that the first pour occurred on schedule on December 13, 2021. Three bars were poured with a total weight of 1,278 ounces containing approximately 770 ounces of gold and 510 ounces of silver. Orla is planning additional pours during the remainder of 2021.
“Orla has achieved first gold pour at Camino Rojo, an important milestone in the rapid evolution of our company,” said President and CEO Jason Simpson. “This accomplishment is the result of the hard work and diligence of the entire team, and we are incredibly proud. In less than two years, we have permitted, financed, and constructed our first project, while maintaining the health and safety of our workforce.”
Importantly, the company noted that commissioning and operational ramp-up will continue during the month of December and during the first quarter of 2022.
“Mining and processing tonnes and grades have been meeting expectations thus far and commercial production is targeted for the end of the first quarter of 2022,” the company said in a statement.
Orla is operating the Camino Rojo oxide gold mine, a gold and silver open-pit and heap leach mine, located in Zacatecas State, Central Mexico. The project is 100% owned by Orla and covers over 160,000 hectares.
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.
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