Contact Gold Transaction

In April 2024, Orla Mining acquired Contact Gold by way of a court-approved plan of arrangement. Orla is pleased to take over ownership of the Pony Creek property, a 4,500-hectare exploration land package, strategically located adjacent to Orla’s South Railroad property in the heart of the Carlin trend in Nevada. As part of the transaction, Orla also acquired the Green Springs property located in the southern end of the Cortez trend. Green Springs is an early-stage exploration project which is subject to an earn-in right held by Centerra Gold Inc. (“Centerra”), whereby Centerra has the right to acquire 70% of the project through completion of a four-year, $10.0 million exploration program.

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