50,000-55,000 Oz 2021 Production Guidance Intact Q2 2021 Consolidated Highlights: On track to meet FY2021 guidance of 50,000-55,000 gold ounces and 7.0-8.5 million copper pounds. Production of 14,197 gold equivalent ounces . 7,686 gold ounces and 0.8 million copper pounds produced in stock as at March 31, 2021. Revenue of $19.7 million; Average realized gold price per ounce of $1,822 and copper price per pound of $3.74 [...]
On Track to Meet Annual Production Guidance Year-to-date Exploration Program at OroValle Confirming Upside & Potential Mine Life Increase 5,000m Drilling Program Underway to Expand Taguas Project Resources in Argentina Undergoing Final Quality Assurance Testing of Oxides Stockpile Project at EMIPA, Bolivia Orvana Minerals Corp. today announced production results for the second quarter of fiscal 2021 and exploration [...]
Orvana Minerals Corp. . The Company is providing an update on its subsidiary's OroValle Minerals S.L. , ongoing judicial process which started in 2015. This Process has been continuously disclosed and updated in the company's quarterly financial statements since June 30th 2015 The Process relates to selenium discharge levels in the Cauxa River. This river, flows past OroValle's operations as well as other properties owned [...]
Orvana Minerals Corp. . This year, Orvana held its Annual General Meeting by virtual means on Thursday, February 18, 2021. The virtual format addressed Ontario's COVID-19 restrictions, while allowing registered shareholders and proxyholders to participate by videoconference. As previously announced on February 18, 2021, the shareholders approved the following matters at the AGM: re-elected the board of directors [...]
Orvana Minerals Corp. announced today that, at its annual shareholders' meeting held on February 18, 2021, the individuals noted below were elected as directors of the Company. The report on proxies provided by the Company's transfer agent indicated the following: George Darling received 78,734,816 votes; Alan Edwards received 77,916,316 votes; Alfredo Garcia Gonzalez received 78,684,816 votes; Ed Guimaraes received [...]
Q1 2021 Consolidated Highlights: Production of 18,398 gold equivalent ounces . Revenue of $27.8 million. Average realized gold price per ounce of $1,868 and copper price per pound of $3.29. EBITDA of $7.3 million. Free cash flow of $5.1 million. Cash balance of $15.6 million as at December 31, 2020. Cash Operating Costs and All in Sustaining Costs of $1,051 and $1,467. Juan Gavidia, CEO of Orvana Minerals stated: "I am [...]
Gold-equivalent production of 18,398 ounces; a 10% increase from Q4 Fiscal Year 2020. Continuing brownfield and greenfield exploration at Orovalle, Spain. Fieldwork exploration in progress at Taguas, Argentina. Quality Assurance Testing Planning for the Oxides Stockpile Project at EMIPA, Bolivia. Orvana Minerals Corp. announced today operational results for the first quarter of fiscal 2021 . Juan Gavidia, CEO of Orvana [...]
TSX:ORV TORONTO, Dec. 30, 2020 /CNW/ - Orvana Minerals Corp. announces the filing of its annual information form for the year ended September 30, 2020 , and independent technical reports on the Don Mario Oxide Stockpile Project and the Orovalle Operation . The AIF, the OSP Technical Report and the 2020 Orovalle Technical Report are available under the Company's profile at www.sedar.com and on the Company's website at [...]
Highlights: Life of mine plan includes oxide and skarn ore, from El Valle Boinás and Carlés mines, at an average annual rate of 686,000 tonnes, for a period of five years. Proven and Probable Reserves of 3.4 million tonnes containing 307,000 ounces of gold, 27.6 million pounds of copper and 756,000 ounces of silver. Inferred Mineral Resources of approximately 3.4 million tonnes containing 410,000 ounces of gold, 24.8 [...]
Highlights: 64 K Au Oz Eq produced AISC at $1,582 $102 M Revenue $9.5 M EBITDA $8.7 M CAPEX $15.6 M EOY Cash Fiscal 2021 Guidance Highlights: Gold: 50 K – 55 K Au Oz Copper: 7.0 M – 8.5 M Cu lb AISC: $1,500 – $1,600 CAPEX: $14 M – $15 M Juan Gavidia, CEO of Orvana Minerals Corp. stated: "We are pleased to be resuming Fiscal 2021 annual guidance now that pandemic consequences are better understood and mitigation efforts [...]
Orvana Minerals Corp. is pleased to announce the commencement of exploration drilling at its Lidia project, located 20 km in a straight line from the El Valle mine, in Asturias, Spain. An update is also being provided about the Carlés Deep drilling performed in fiscal 2020. Lidia Project The Lidia Project is comprised of one investigation permit covering 2,576 hectares in the Navelgas Gold Belt in the region of Asturias [...]
Orvana Minerals Corp. is pleased to announce the discovery of the new "High Angle East" mineralized gold structure at its El Valle deposit in northern Spain. The High Angle East structure is located in the southeastern part of the El Valle deposit, as further described below. The discovery is based on 12 diamond drill holes, totaling 4,137 meters, completed as part of its 2020 exploration program, Highlights Drillhole [...]
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