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Orvana Minerals Corp.

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Summary

Project:

El Valle Mine

Deposit:El Valle Mine
Location:Spain
Commodities:Gold-Silver-Copper
Date:2/10/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:10-2-2020: Orvana Minerals Corp. announces an Exploration/Drilling Update report for its El Valle Mine deposit at the El Valle Mine project. Drilling results incl. 5.50m @ 7.67g/t Au, 3.71g/t Ag, 0.19% Cu from 150.30m. TORONTO, ONTARIO, February 10, 2020
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Guadalupe Collar Menéndez (Internal)
ABSTRACT:TORONTO, ONTARIO, February 10, 2020 – Orvana Minerals Corp. (TSX:ORV) (the “Company” or “Orvana”) announced today financial and operational results for the first quarter of fiscal 2020 (“Q1 2020”) for its El Valle and Carlés Mines operations in northern Spain (managed by the Spanish subsidiary “OroValle”) and for its Don Mario Mine operations in Bolivia (managed by the Bolivian subsidiary “EMIPA”). The unaudited, condensed interim consolidated financial statements for Q1 2020 and Management's Discussion and Analysis related thereto are available on SEDAR and on the Company's website at www.orvana.com. Juan Gavidia, CEO of Orvana Minerals stated: “Our exploration program at El Valle is providing exciting results, showing potential to continue extending the mine life; at Carlés the drilling campaign is starting, and we expect to provide positive results in the near future”. Mr. Gavidia continued, “At Don Mario, the Company is focused on developing final engineering and financing for the Oxides Stockpile Project, and anticipates processing to resume in FY2021.”

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