Assets
Reserves and Resources
Proven and Probable Mineral Reserves
GOLD
PROVEN
PROBABLE
PROVEN & PROBABLE
Tonnes
000'sGold
(g/t)Gold
(koz)Tonnes
000'sGold
(g/t)Gold
(koz)Tonnes
000'sGold
(g/t)Gold
(koz)MEXICO
Camino Rojo
18,067
0.80
466
49,296
0.71
1,123
67,363
0.73
1,588
PANAMA
Cerro Quema
–
–
–
21,700
0.80
562
21,700
0.80
562
Total GOLD
18,067
0.80
466
70,996
0.74
1,685
89,063
0.75
2,150
SILVER
PROVEN
PROBABLE
PROVEN & PROBABLE
Tonnes
000'sSilver
(g/t)Silver
(koz)Tonnes
000'sSilver
(g/t)Silver
(koz)Tonnes
000'sSilver
(g/t)Silver
(koz)MEXICO
Camino Rojo
18,067
15.40
8,951
49,296
14.20
22,555
67,363
14.50
31,506
PANAMA
Cerro Quema
–
–
–
21,700
2.18
1,526
21,700
2.18
1,526
Total SILVER
18,067
15.40
8,951
70,996
10.55
24,081
89,063
11.54
33,032
Measured and Indicated Mineral Resources
GOLD
MEASURED
INDICATED
MEASURED & INDICATED
Tonnes
000'sGold
(g/t)Gold
(koz)Tonnes 000's
Gold
(g/t)Gold
(koz)Tonnes
000'sGold
(g/t)Gold
(koz)MEXICO
Camino Rojo
(Oxide)19,391
0.77
482
75,249
0.70
1,681
94,640
0.71
2,163
Camino Rojo
(Sulphide)3,358
0.69
74
255,445
0.88
7,221
258,803
0.88
7,296
Total Camino Rojo
22,749
0.76
557
330,694
0.84
8,902
353,443
0.83
9,459
PANAMA
Cerro Quema
(Oxide)–
–
–
30,793
0.66
651
30,793
0.66
651
Cerro Quema
(Mixed)–
–
–
2,479
0.52
41
2,479
0.52
41
Caballito
(Oxide)–
–
–
998
0.49
16
998
0.49
16
Caballito
(Sulphide)–
–
–
31,952
0.31
315
31,952
0.31
315
Total Panama
–
–
–
66,222
0.48
1,023
66,222
0.48
1,023
TOTAL GOLD
22,749
0.76
557
396,916
0.78
9,925
419,665
0.78
10,482
SILVER
MEASURED
INDICATED
MEASURED & INDICATED
Tonnes
000'sSilver
g/t)Silver
(koz)Tonne
000'sSilver
(g/t)Silver
(koz)Tonnes
000'sSilver
(g/t)Silver
(koz)MEXICO
Camino Rojo
(Oxide)19,391
14.90
9,305
75,249
12.20
29,471
94,640
12.70
38,776
Camino Rojo
(Sulphide)3,358
9.20
997
255,445
7.40
60,606
258,803
7.40
61,603
Total Camino Rojo
22,749
14.10
10,302
330,694
8.50
90,078
353,443
8.80
100,379
PANAMA
Cerro Quema
(Oxide)–
–
–
30,793
2.01
1,992
30,793
2.01
1,992
Cerro Quema
(Mixed)–
–
–
2,479
2.58
205
2,479
2.15
205
Caballito
(Oxide)–
–
–
998
2.10
67
998
2.1
67
Caballito
(Sulphide)–
–
–
31,952
2.20
2,260
31,952
2.2
2,260
Total Panama
–
–
–
66,222
2.12
4,524
66,222
2.12
4,524
TOTAL SILVER
22,749
14.10
10,302
396,916
7.41
94,602
419,665
7.77
104,903
COPPER
MEASURED
INDICATED
MEASURED & INDICATED
Tonnes 000's
CuEq (%)
Cu (%)
CuEq (Mlbs)
Cu (Mlbs)
Tonnes 000's
CuEq (%)
Cu (%)
CuEq (Mlbs)
Cu (Mlbs)
Tonnes 000's
CuEq (%)
Cu (%)
CuEq (Mlbs)
Cu (Mlbs)
PANAMA
Caballito
–
–
–
–
–
31,952
0.96
0.83
676
585
31,952
0.96
0.83
676
585
TOTAL COPPER
–
–
–
–
–
31,952
0.96
0.83
676
585
31,952
0.96
0.83
676
585
LEAD
MEASURED
INDICATED
MEASURED & INDICATED
Tonnes
000'sLead
(%)Lead
(Mlb)Tonnes
000'sLead
(%)Lead
(Mlb)Tonnes
000'sLead
(%)Lead
(Mlb)MEXICO
Camino Rojo
(Sulphide)3,358
0.13
9.3
255,445
0.07
404.3
258,803
0.07
413.6
TOTAL LEAD
3,358
0.13
9.3
255,445
0.07
404.3
258,803
0.07
413.6
ZINC
MEASURED
INDICATED
MEASURED & INDICATED
Tonnes
000'sZinc
(%)Zinc
(Mlb)Tonnes
000'sZinc
(%)Zinc
(Mlb)Tonnes
000'sZinc
(%)Zinc
(Mlb)MEXICO
Camino Rojo
(Sulphide)3,358
0.38
28.2
255,445
0.26
1,468.7
258,803
0.26
1,496.8
TOTAL ZINC
3,358
0.38
28.2
255,445
0.26
1,468.7
258,803
0.26
1,496.8
Inferred Mineral Resources
GOLD
INFERRED
Tonnes 000's
Gold (g/t)
Gold (koz)
MEXICO
Camino Rojo (Oxide)
4,355
0.86
119.8
Camino Rojo (Sulphide)
56,564
0.87
1576.9
Total Camino Rojo
60,919
0.87
1696.7
PANAMA
Cerro Quema (Oxide)
3,613
0.31
36
Cerro Quema (Mixed)
250
0.39
3
Caballito (Oxide)
3,619
0.36
41
Caballito (Sulphide)
22,569
0.21
155
Total Panama
30,051
0.24
234
TOTAL GOLD
90,970
0.66
1930.7
SILVER
INFERRED
Tonnes 000's
Silver (g/t)
Silver (koz)
MEXICO
Camino Rojo (Oxide)
4,355
5.80
805
Camino Rojo (Sulphide)
56,564
7.50
13,713
Total Camino Rojo
60,919
7.40
14,518
PANAMA
Cerro Quema (Oxide)
3,613
2.55
296
Cerro Quema (Mixed)
250
0.66
5
Caballito (Oxide)
3,619
2.30
268
Caballito (Sulphide)
22,569
1.18
856
Total PANAMA
30,051
1.49
1,425
TOTAL SILVER
90,970
5.45
15,943
COPPER
INFERRED
Tonnes 000's
CuEq (%)
Cu (%)
CuEq (Mlbs)
Cu (Mlbs)
PANAMA
Caballito
22,569
0.85
0.77
425
381
TOTAL COPPER
22,569
0.85
0.77
425
381
LEAD
INFERRED
Tonnes 000's
Lead (%)
Lead (Mlb)
MEXICO
Camino Rojo (Sulphide)
56,564
0.05
63.1
TOTAL LEAD
56,564
0.05
63.1
ZINC
INFERRED
Tonnes 000's
Zinc (%)
Zinc (Mlb)
MEXICO
Camino Rojo (Sulphide)
56,564
0.23
290.4
TOTAL ZINC
56,564
0.23
290.4
The Mineral Reserve and Mineral Resource estimates reported on this website were prepared in accordance with Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”), as required by Canadian securities regulatory authorities.
For further details with respect to the scientific and technical information contained in this document:
For Camino Rojo: “Camino Rojo Project Feasibility Study NI 43-101 Technical Report” dated effective June 25, 2019 and “Unconstrained Feasibility Study NI 43-101 Technical Report on the Camino Rojo Gold Project – Municipality of Mazapil, Zacatecas, Mexico” dated January 11, 2021
For Cerro Quema and Caballito refer to: “Project Pre-Feasibility Updated NI 43-101 Technical Report on the Cerro Quema Project” dated January 18, 2022.
The detailed technical report is available on SEDAR under the Company's profile at www.sedar.com and at on Orla’s website at www.orlamining.com.
Mr. J. Andrew Cormier, P. Eng., and Mr. Sylvain Guerard, P. Geo., who are the Qualified Persons as defined under NI 43-101 standards, reviewed and approved the technical information and data included in this website and has verified that no limitations were imposed on his verification process of the website. The information contained herein is subject to all of the assumptions, qualifications and procedures set out in each of the technical reports and reference should be made to the full details of the technical reports.
