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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Orvana Minerals Corp. is pleased to provide production results for the fourth quarter of fiscal year 2020, and full FY2020, for its OroValle and EMIPA operations. Juan Gavidia, CEO of Orvana stated: "Our OroValle team delivered a strong 2020 operational performance at El Valle, despite unprecedented Covid-19 impacts on its operational productivity [...]
Orvana Minerals Corp. is pleased to announce that it will be participating at the Precious Metals Summit and the Denver Gold Forum Americas, both in virtual format. Mr. Juan Gavidia, Chief Executive Officer, Ms. Nuria Menendez, Chief Financial Officer, Mr. Raúl Álvarez, Director of Exploration and Mr. Binh Vu, VP Legal, will be participating in the [...]
Orvana Minerals Corp. is providing an update on its exploration program at the Taguas mining property located in the San Juan province, Argentina. As a result of the completion of a recent artificial intelligence assisted data analysis, Orvana has identified a total of 17 new high probability gold targets at Taguas, consisting of 9 new areas and 8 [...]
Orvana Minerals Corp. announced today financial and operational results for the third quarter of fiscal 2020. Q3 2020 Highlights: Consolidated production of 14,565 gold equivalent ounces. Revenue of $18 million. Average realized gold price per ounce of $1,543, impacted by the settlement of the derivative instruments. EBITDA of $0.9 million deficit [...]
Gold production of 12,046 ounces Gold-equivalent production of 14,565 ounces Oxides Project metallurgical testing-optimization continues Advancement of key exploration and permitting activities to extend Life-of-Mine in OroValle, Spain Continuing comprehensive exploration activities at EMIPA, Bolivia Orvana Minerals Corp. announced today [...]
