6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington,D.C. 20549

FORM 6-K

Report ofForeign Private Issuer

Pursuantto Rule 13****a-16 or 15d-16

UNDER theSecurities Exchange Act of 1934

For the month of December, 2023

Commission File Number: 001-39766

ORLA MINING LTD.

(Translation of registrant's name into English)

1010-1075West Georgia Street

Vancouver,BC

V6E3C9

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F    ☐   Form 40-F    ☒

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

EXHIBIT INDEX

Exhibit 99.1

Orla Mining Provides Update on Panama and the Cerro Quema Project

VANCOUVER, BC, Dec. 18, 2023 /CNW/ - Orla MiningLtd. (TSX: OLA) (NYSE: ORLA) ("Orla" or the "Company") notes that the Panamanian Ministry of Commerce and Industry ("MICI") has rejected the requests for extension for the three mining concessions comprising the Company's Cerro Quema Project, declared the concessions cancelled and declared the area comprising the concessions to be a reserve area.

While the Company regrets this decision by the Panamanian Government, the Company will continue to monitor developments in Panama, which remain uncertain and quickly evolving. However, until the Company has greater certainty with respect to the mining concessions, as well as fiscal and legal stability in Panama, the Company will not consider additional spending towards the development of the Cerro Quema Project. The Company will explore all legal remedies available to protect historical investments and potentially unlock additional value for its stakeholders, including taking measures to protect its rights under international law.

The Cerro Quema Project is located on the Azuero Peninsula in the Los Santos Province of Southwestern Panama, about 45 km southwest of the city of Chitre. The project includes a pre-feasibility-stage, open-pit, heap leach gold project, a copper-gold sulphide resource, and various exploration targets. The Company believes that the Cerro Quema Project could be an important social and economic contributor to the host communities. To date, the Company has invested over US$120 million in Panama and, if constructed, the Cerro Quema Project is expected to create employment and skills development opportunities, and contribute tax, royalty, and other fiscal benefits to the host communities and governments.

On November 3, 2023, the National Assembly of Panama passed Law 407, which instituted a moratorium on granting, renewing, or extending concessions for the exploration, extraction, transportation or exploitation of metal mining in Panama. The Company continued to monitor the impact of Law 407 and other developments in Panama on the Cerro Quema Project. On December 15, 2023, Minera Cerro Quema, S.A., the Company's subsidiary, received three resolutions from MICI. The resolutions rejected the request for extension for the concessions, declared the concessions canceled due to expiration and declared the area comprising the concessions to be a reserve area under the Panamanian mining code. Under the Panamanian mining code, MICI is prohibited from granting mining concessions for exploration or extraction on a reserve area.

About Orla Mining Ltd.

Orla's corporate strategy is to acquire, develop, and operate mineral properties where the Company's expertise can substantially increase stakeholder value. The Company has three material gold projects: (1) Camino Rojo, located in Zacatecas State, Mexico, (2) South Railroad, located in Nevada, United States, and (3) Cerro Quema, located in Los Santos Province, Panama. Orla is operating the Camino Rojo Oxide Gold Mine, a gold and silver open-pit and heap leach mine. The property is 100% owned by Orla and covers over 160,000 hectares which contains a large oxide and sulphide mineral resource. Orla also owns 100% of Cerro Quema located in Panama which includes a pre-feasibility-stage, open-pit, heap leach gold project, a copper-gold sulphide resource, and various exploration targets. Orla also owns 100% of the South Railroad Project, a feasibility-stage, open pit, heap leach gold project located on the Carlin trend in Nevada. The technical reports for the Company's material projects are available on Orla's website at www.orlamining.com, and on SEDAR+ and EDGAR under the Company's profile at www.sedarplus.ca and www.sec.gov, respectively.

Forward-looking Statements

This news release contains certain "forward-lookinginformation" and "forward-looking statements" within the meaning of Canadian securities legislation and within the meaningof Section 27A of the United States Securities Act of 1933, as amended, Section 21E of the United States Exchange Act of 1934, as amended,the United States Private Securities Litigation Reform Act of 1995, or in releases made by the United States Securities and Exchange Commission,all as may be amended from time to time, including statements regarding the Company's strategy in Panama and the expected benefits ofthe Cerro Quema Project. Forward-looking statements are statements that are not historical facts which address events, results, outcomesor developments that the Company expects to occur. Forward-looking statements are based on the beliefs, estimates and opinions of theCompany's management on the date the statements are made and they involve a number of risks and uncertainties. Certain material assumptionsregarding such forward-looking statements were made, including without limitation, assumptions regarding: the impact of political, legaland social developments in Panama; the future price of gold, silver, and copper; anticipated costs and the Company's ability to fund itsprograms; the Company's ability to carry on exploration, development, and mining activities; tonnage of ore to be mined and processed;ore grades and recoveries; decommissioning and reclamation estimates; the Company's ability to secure and to meet obligations under propertyagreements, including the layback agreement with Fresnillo plc; that all conditions of the Company's credit facility will be met; thetiming and results of drilling programs; mineral reserve and mineral resource estimates and the assumptions on which they are based; thediscovery of mineral resources and mineral reserves on the Company's mineral properties; that political and legal developments will beconsistent with current expectations; the timely receipt of required approvals and permits, including those approvals and permits requiredfor successful project permitting, construction, and operation of projects; the timing of cash flows; the costs of operating and explorationexpenditures; the Company's ability to operate in a safe, efficient, and effective manner; the Company's ability to obtain financing asand when required and on reasonable terms; the impact of the COVID-19 pandemic on the Company's operations; that the Company's activitieswill be in accordance with the Company's public statements and stated goals; and that there will be no material adverse change or disruptionsaffecting the Company or its properties. Consequently, there can be no assurances that such statements will prove to be accurate and actualresults and future events could differ materially from those anticipated in such statements. Forward-looking statements involve significantknown and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include,but are not limited to: uncertainty and variations in the estimation of mineral resources and mineral reserves; the Company's dependenceon the Camino Rojo oxide mine; risks related to the Company's indebtedness; risks related to exploration, development, and operation activities;risks related to natural disasters, terrorist acts, health crises, and other disruptions and dislocations, including the COVID-19 pandemic;foreign country and political risks, including risks relating to foreign operations and expropriation or nationalization of mining operationsand risks associated with operating in Mexico and Panama; concession risks at the Cerro Quema project; delays in obtaining or failureto obtain governmental permits, or non-compliance with permits; environmental and other regulatory requirements; delays in or failuresto enter into a subsequent agreement with Fresnillo plc with respect to accessing certain additional portions of the mineral resourceat the Camino Rojo project and to obtain the necessary regulatory approvals related thereto; the mineral resource estimations for theCamino Rojo project being only estimates and relying on certain assumptions; loss of, delays in, or failure to get access from surfacerights owners; uncertainties related to title to mineral properties; water rights; financing risks and access to additional capital; risksrelated to guidance estimates and uncertainties inherent in the preparation of feasibility and pre-feasibility studies; uncertainty inestimates of production, capital, and operating costs and potential production and cost overruns; the fluctuating price of gold, silver,and copper; unknown labilities in connection with acquisitions; global financial conditions; uninsured risks; climate change risks; competitionfrom other companies and individuals; conflicts of interest; risks related to compliance with anti-corruption laws; volatility in themarket price of the Company's securities; assessments by taxation authorities in multiple jurisdictions; foreign currency fluctuations;the Company's limited operating history; litigation risks; the Company's ability to identify, complete, and successfully integrate acquisitions;intervention by non-governmental organizations; outside contractor risks; risks related to historical data; the Company not having paida dividend; risks related to the Company's foreign subsidiaries; risks related to the Company's accounting policies and internal controls;the Company's ability to satisfy the requirements of Sarbanes-Oxley Act of 2002; enforcement of civil liabilities; the Company's statusas a passive foreign investment company for U.S. federal income tax purposes; information and cyber security; gold industry concentration;shareholder activism; and risks associated with executing the Company's objectives and strategies; as well as those risk factors discussedin the Company's most recently filed management's discussion and analysis, as well as its annual information form dated March 20, 2023,which are available on www.sedarplus.ca and www.sec.gov. Except as required by the securities disclosure laws and regulations applicableto the Company, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates oropinions, or other factors, should change.

SOURCE Orla Mining Ltd.

View original content: http://www.newswire.ca/en/releases/archive/December2023/18/c5185.html

%CIK: 0001680056

For further information: Jason Simpson, President & Chief Executive Officer; Andrew Bradbury, Vice President, Investor Relations & Corporate Development, www.orlamining.com, info@orlamining.com

CO: Orla Mining Ltd.

CNW 06:00e 18-DEC-23