Orla Mining appoints Simpson as president, CEO

By Mr. Chuck Jeannes reports / October 15, 2018 / www.stockwatch.com / Article Link

Mr. Chuck Jeannes reports

ORLA MINING APPOINTS JASON SIMPSON AS NEW PRESIDENT & CEO

Jason Simpson will succeed Marc Prefontaine as Orla Mining Ltd.'s president and chief executive officer effective Nov. 12, 2018.In addition to the role of president and chief executive officer, Mr. Simpson will also serve as a director of the company.Marc Prefontaine, current president and chief executive officer of Orla, will resign as a director but will remain with the company for the remainder of the year to ensure a seamless transition.

Mr. Simpson is a mining executive with over 21 years of experience in operations leadership, mining engineering and project construction.Most recently, he was chief operating officer of Torex Gold Resources where, over his nearly six-year tenure, he oversaw the successful construction and operation of the ELG mine in Mexico. Prior to Torex, Mr. Simpson spent 11 years at Vale in various roles of increasing responsibility ending his tenure as general manager of the Labrador Operations (Voisey's Bay) in 2013.Mr. Simpson also worked at McIntosh Redpath Engineering on mining studies for companies including Barrick, Freeport McMoran, CVRD, Rio Tinto and Falconbridge, among others, where he gained global multicommodity experience and perspective.Mr. Simpson holds dual degrees in mining engineering from the Technical University of Nova Scotia and in physics from Dalhousie University.

"On behalf of the board of directors, I would like to congratulate Jason on his appointment and welcome him to Orla.We are extremely excited to have someone of his calibre to lead the company through the next phase of development and construction as we move closer to becoming a premier gold producer," stated Chuck Jeannes, chairman of the board of Orla. "I would also like to thank Marc Prefontaine and extend our sincere appreciation for his dedication, leadership and outstanding contributions to Orla as one of its founders.Marc has been instrumental in the company's success to this point and we wish him the very best as he moves on to his next venture."

"I'm very excited to be given the opportunity to lead Orla through its next phase of growth as we advance two great projects in Camino Rojo and Cerro Quema," stated Mr. Simpson."While at Torex, I was given the opportunity to build a flagship mine; now, I look forward to building a leading mining company supported by an excellent management team and board of directors which includes some of the best in the industry."

About Orla Mining Ltd.

Orla is developing the Camino Rojo project, an advanced gold and silver open-pit and heap-leach project, located in Zacatecas state, central Mexico. The project is 100 per cent owned and covers over 200,000 hectares. Orla also owns 100 per cent of the Cerro Quema project in Panama, which includes a near-term gold production scenario and various exploration targets. The Cerro Quema project is currently in the last stage of the permitting process for a proposed open-pit mine and gold heap-leach operation.

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