Financials

All financial information is filed on Sedar at www.sedar.com

Property

Orla Mining holds a 50% interest in the Blue Quatz Gold Property located approximately 12 kilometres north-northeast of Matheson, 73 kilometres east-northeast of Timmins and 56 kilometres northwest of Kirkland Lake, all located in the Province of Ontario. The Property consists of 25 patented mining claims, all with surveyed boundaries, located in Beatty Township, Ontario. As of April 2004, the patented mining claims have been consolidated into 1 parcel – Parcel 23623 covering approximately 400 ha. The Qualifying Property is subject to net smelter returns royalties totalling 2.5%, up to an aggregate 0.5% of which can be bought for $500,000. Further information can be found in the National Instrument 43-101 Technical Report by Luc Rioux P.Geo., (Amended July 27 2009) and filed on Sedar.

Management and Directors

Troy Fierro, Chairman (non-executive) and Director: Mr. Fierro is a successful mining engineer with over 30 years of industry experience.

Marc Prefontaine, President, CEO and Director: Mr. Prefontaine is a Professional Geologist with over 25 years of experience. Most recently he served as President and CEO of Grayd Resource Corporation.

Hans Smit, COO and Director: Mr. Smit is a Professional Geologist with over 30 years of experience in all aspects of the mineral industry. Most recently he served as COO of Grayd Resource Corporation.

Paul Robertson, CFO: Mr. Robertson is a Chartered Accountant (CA) is the founding partner of Quantum LLP and has over 16 years of accounting, auditing, and tax experience. He acted as CFO for Grayd.

Richard Hall, Director: Mr. Hall is a seasoned mining executive, bringing over 40 years of building leading precious metals companies in the America’s and Australia.

Kerry Sparkes, Director: Mr. Sparkes is a registered professional geologist. He has over 25 years’ experience in the mineral exploration business as both an exploration geologist and executive.

Aaron Wolfe, Director: Mr. Wolfe is a corporate finance and advisory professional with senior management and strategic leadership experience at public and private companies operating in domestic and international markets.