Orla Mining Ltd. (OLA:CA) Q4 2025 Earnings Call Transcript

Operator

Good morning, ladies and gentlemen, and welcome to Orla Mining’s Conference Call for the Fourth Quarter 2025 Results. My name is Regina, and I will be your conference operator today. [Operator Instructions] Please be advised that this call is being recorded. I would now like to turn the meeting over to Andrew Bradbury, Vice President, Investor Relations and Corporate Development. Please go ahead, Mr. Bradbury.

Andrew Bradbury
Vice President of Corporate Development & Investor Relations

Thank you, Regina, and welcome to Orla’s Fourth Quarter 2025 Results Conference Call. We will be making forward-looking statements during today’s call, and I would direct you to the next few slides of the presentation, which contain 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 it to Jason Simpson, President and CEO.

Jason Simpson
President, CEO & Director

Thanks, Andrew. Good morning, everyone. The fourth quarter 2025 was an incredibly strong period to end a pivotal year for Orla. We more than doubled our annual gold production through the addition of our Musselwhite mine. Alongside record gold prices, we generated significant cash flow, which positioned us to delever the balance sheet, initiate a dividend and continue investing in the growth of our business in Canada, United States and Mexico.