VANCOUVER, April 9, 2020 /CNW/ - Orla Mining
Ltd. (TSX: OLA) ("Orla" or the "Company") is pleased to
announce that Andrew Cormier has
been appointed as Chief Operating Officer ("COO") and will be
joining the Orla executive team effective April 16, 2020. Mr. Cormier succeeds Mr.
Hans Smit who retired in
December 2019 as COO of the company,
while remaining with the Company as a consultant.
"We are excited that Andrew has decided to join Orla as we enter
our next phase of growth. Andrew's extensive construction and
operating experience will be a great asset as we build our first
gold mine in Mexico. We continue to emphasize a culture based
on care and capability, and Andrew's style and experience will be a
great complement to the team", commented Jason Simpson, President and Chief Executive of
Orla.
Mr. Cormier has over 27 years of experience in the mining
industry and was previously the Vice President of Development and
Construction at Alamos Gold Inc. for the past seven years. Prior to
that, he served as Project Manager at AuRico Gold, where he
advanced development of the Young-Davidson mine. During his career, Mr.
Cormier has worked for Noranda Inc, Barrick Gold Corporation,
SNC-Lavalin and Cambior Limited. He graduated with a B.Eng.
degree in Extractive Metallurgical Engineering from Laurentian University and received a Diploma in
Technology, Management and Entrepreneurship from the University of New Brunswick. He is a licensed
professional engineer in Ontario.
About Orla Mining Ltd.
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
160,000 hectares. 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.
Forward-looking Statements
This news release contains certain "forward-looking
statements" within the meaning of Canadian and United States securities legislation,
including, without limitation, statements with respect to the use
of proceeds from the Offering, the results of exploration and
planned exploration programs, the potential for discovery of
additional mineral resources and the Company's objectives and
strategies. 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 are discussed
in this news release, including without limitation, assumptions
that all approvals of the Offering will be obtained, the Company's
activities will be in accordance with the Company's public
statements and stated goals; that there will be no material adverse
change affecting the Company or its properties; that all required
approvals will be obtained and that there will be no significant
disruptions affecting the Company or its properties. 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: risks related to uncertainties inherent in the
preparation of preliminary economic assessments, drill results and
the estimation of mineral resources; and risks associated with
executing the Company's objectives and strategies, including costs
and expenses. 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.