All major construction activities have been completed and the company saw its first gold pour at the site on December 13 last year and has since produced more than 18,000 ounces of gold. The success seen so far means the mine has demonstrated its ability to sustain ongoing production.
Orla's president and chief executive officer Jason Simpson said the company has now completed its transformation from explorer through developer to producer in just three years.
"Today the team will celebrate this success, but tomorrow we will focus on how to grow our production," he said.
It is anticipated the mine will produce between 90,000-100,000oz this year. Orla will continue to look for additional opportunities to improve and optimise throughput and mine availabilities.
Orla Mining is the sole owner of the Camino Rojo gold and silver open-pit and heap-leach mine, located in the Zacatecas state in Central Mexico. It also wholly-owns the Cerro Quema oxide gold project in the Los Santos province of Panama, as well as the Caballito copper-gold project.
On March 31, Orla Mining traded on the TSX at C$5.98/share, moving 3.39% lower on the day. Its shares have seen a slight surge in the past month at the $6 mark, after trading as low as $4 in recent months.
