Orla Mining Ltd. announced that the Company has filed a technical report, prepared in accordance with the disclosure standards under National Instrument 43-101 (‘NI 43-101’) for its Cerro Quema Oxide Gold Project (the ‘Project’) located in the Azuero Peninsula, Los Santos Province, Panama. Orla previously announced the results for the Pre-Feasibility Study, which highlighted an estimated Project after-tax net present value ("NPV") (5% discount rate) of USD 176 million with an after-tax internal rate of return ("IRR") of 38% at a gold price of USD 1,600 per ounce. Proven and probable mineral reserves amount to 21.7 million tonnes at 0.80 g/t gold and 2.18 g/t silver for 0.56 million contained gold ounces and 1.53 million contained silver ounces. The mineral reserve was estimated based on a gold price of USD 1,250 per ounce and a silver price of USD 17 per ounce while the mineral resource was estimated based on a gold price of USD 2,000 per ounce and a silver price of USD 26 per ounce.