Orla Mining Ltd. (ORLA) Q1 2025 Earnings Call Transcript

Call Start: 10:00 January 1, 0000 10:29 AM ET

Orla Mining Ltd. (NYSE:ORLA)
Q1 2025 Earnings Conference Call
May 12, 2025, 10:00 AM ET

Company Participants

Andrew Bradbury - VP, IR and Corporate Development
Jason Simpson - President and CEO
Andrew Cormier - COO
Etienne Morin - CFO
Sylvain Guerard - SVP, Exploration
Silvana Costa - Chief Sustainability Officer

Conference Call Participants

Andrew Mikitchook - BMO Capital Markets
Allison Carson - Desjardins

Operator

Good morning, ladies and gentlemen, and welcome to Orla Mining's Conference Call for the First Quarter 2025 Results. My name is Regina, and I will be your conference operator today. All lines have been placed on mute, to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. [Operator Instructions] Please be advised that this call is being recorded.

I would like to turn the meeting over to Andrew Bradbury, Vice President, Investor Relations and Corporate Development. Please go ahead, Mr. Bradbury.

Andrew Bradbury

Thank you, operator, and welcome to Orla's first quarter 2025 results conference call. We will be making forward-looking statements during today's call, and I would direct you to the second and third slides of the presentation, which contains important cautionary notes regarding these forward-looking statements. All dollar amounts discussed today will refer to U.S. dollars unless otherwise indicated. The Orla executive team is on the call this morning.

And I'll now pass the call to Jason Simpson, President and CEO.

Jason Simpson

Thanks, Andrew.

During the first quarter, Camino Rojo continued to perform with low cost and the continued gold price momentum drove strong cash flow. We recorded our first month of production from our newly acquired Musselwhite Mine, which drove a record quarter of gold production for Orla.

We continue to advance our exploration and development projects in