VANCOUVER, BC, Dec. 9, 2024
/CNW/ - Orla Mining Ltd. (TSX: OLA) ("Orla" or the
"Company") is pleased to announce the appointment of Dr.
Silvana Costa as the Company's new
Chief Sustainability Officer, effective January 13, 2025. In this role, Dr. Costa will
have executive level responsibility for Orla's Environmental,
Social, and Governance (ESG) efforts, in addition to guiding the
Company's internal and external stakeholder relationships.
Orla's growth into an intermediate gold producer has been
enabled by a strong commitment to sustainability and the
integration of social responsibility into its decision-making
process. This dedication to sustainability is reflected in the key
role of the Chief Sustainability Officer which is positioned on
Orla's executive team.
Dr. Costa brings over 20 years of experience across various
roles within the mining industry. She began her career in
Brazil before relocating to
Canada, where she earned a
Master's in Environmental Design and Planning from the University of Calgary and a PhD in Philosophy at
the Norman B. Keevil Institute of Mining Engineering at the
University of British Columbia. Dr.
Costa has held senior management positions at the British Columbia
Ministry of Energy, Mines, and Petroleum Resources, as well as ESG
leadership roles at companies such as Teck Resources, Equinox Gold,
First Majestic Silver, and New Gold. Her commitment to the industry
extends to work with organizations like the Association for Mineral
Exploration (AME) British Columbia
and the Canadian Institute of Mining, Metallurgy and Petroleum
(CIM). In recognition of her contributions, she received the 2022
AME Robert R. Hedley Award for Excellence in Environmental and
Social Responsibility and was recently named one of the 2024 100
Global Inspirational Women in Mining by Women in Mining UK.
Dr. Costa succeeds Chafika
Eddine, who joined Orla in 2022 and has left the Company to
pursue her doctoral studies and further her passion for advancing
sustainability at a global level. The Company extends its sincere
gratitude to Ms. Eddine who has been an integral part of Orla's
leadership team, driving transformative initiatives that have
strengthened the Company's commitment to responsible mining,
community engagement, and environmental stewardship.
"We are pleased that Silvana has chosen to join the Orla team to
continue and expand the work begun by Chafika to deliver positive
benefits to all our stakeholders," said Jason Simpson, President and Chief Executive
Officer of Orla. "I would like to thank Chafika for her
contributions to Orla in establishing our Toward 2030
Sustainability Strategy and publishing our inaugural
Sustainability Report in 2023, which were fundamental in
laying the groundwork for our sustainability efforts," added Mr.
Simpson.
About Orla Mining Ltd.
Orla's corporate strategy is to acquire, develop, and operate
mineral properties where the Company's expertise can substantially
increase stakeholder value. The Company has two material gold
projects: (1) Camino Rojo, located
in Zacatecas State, Mexico and (2)
South Railroad, located in Nevada,
United States. Orla is operating
the Camino Rojo Oxide Gold Mine, a gold and silver open-pit and
heap leach mine. The property is 100% owned by Orla and covers over
139,000 hectares which contains a large oxide and sulphide mineral
resource. Orla is also developing the South Railroad Project, a
feasibility-stage, open pit, heap leach gold project located on the
Carlin trend in Nevada. Orla has also entered into a
definitive agreement with a subsidiary of Newmont Corporation to
acquire the Musselwhite Mine, located in Ontario, Canada. This transaction is subject
to certain conditions and is expected to close in the first quarter
of 2025. The technical reports for the Company's material projects
are available on Orla's website at www.orlamining.com, and on
SEDAR+ and EDGAR under the Company's profile
at www.sedarplus.ca and www.sec.gov,
respectively.
Forward-looking Statements
This news release contains certain "forward-looking
information" and "forward-looking statements" within the meaning of
Canadian securities legislation and within the meaning of Section
27A of the United States Securities Act of 1933, as amended,
Section 21E of the United States Exchange Act of 1934, as amended,
the United States Private Securities Litigation Reform Act of 1995,
or in releases made by the United States Securities and Exchange
Commission, all as may be amended from time to time, including the
Company's strategy and objectives. Forward-looking statements are
statements that are not historical facts which address events,
results, outcomes or developments that the Company expects to
occur. Forward-looking statements are based on the beliefs,
estimates and opinions of the Company's management on the date the
statements are made and they involve a number of risks and
uncertainties. Certain material assumptions regarding such
forward-looking statements were made. Consequently, there can be no
assurances that such statements will prove to be accurate and
actual results and future events could differ materially from those
anticipated in such statements. Forward-looking statements involve
significant known and unknown risks and uncertainties, which could
cause actual results to differ materially from those anticipated.
These risks include, but are not limited to, the risk factors
discussed in the Company's most recently filed management's
discussion and analysis, as well as its annual information form
dated March 19, 2024, which are
available on www.sedarplus.ca and www.sec.gov. Except as required
by the securities disclosure laws and regulations applicable to the
Company, the Company undertakes no obligation to update these
forward-looking statements if management's beliefs, estimates or
opinions, or other factors, should change.
SOURCE Orla Mining Ltd.
