TORONTO, March 31,
2025 /PRNewswire/ - Orvana Minerals Corp.
(TSX: ORV) (the "Company" or "Orvana") is pleased to
announce the release of BTV – Business
Television's ("BTV") latest CEO Clips featuring Orvana,
offering a dynamic visual summary of the Company's strategic
vision.
Orvana is a growing mining and exploration company focused on
delivering value through the development of gold, copper, and
silver assets in Europe and
South America. With a producing
mine in Spain, a near-term
development project in Bolivia,
and an exploration property in Argentina's Andean belt, Orvana offers
multi-asset leverage to rising precious metal prices and strong
exploration upside.
The CEO Clips featuring Orvana is now available on Orvana's
website and at BTV's website, providing investors and stakeholders
with a general overview of the Company's core assets and growth
strategy.
Watch the CEO Clips featuring Orvana here:
www.orvana.com
www.b-tv.com/post/ceo-clips-orvana-minerals-expanding-gold-silver-copper-production-across-key-global-regions-btv-60
ORVANA PROPERTY HIGHLIGHTS
Orvana's properties consist of:
- El Valle Boinás and Carlés mines and the El Valle
processing plant (collectively, "El Valle"), located in
Asturias, Northern Spain. El Valle
is an operating underground gold-silver-copper operation in with
stable production since 2011. In addition to production at El
Valle, the Company is focused on brownfield and greenfield
exploration to expand the resource base;
- Don Mario Operation ("Don Mario"), located
in San Jose de Chiquitos,
Southeastern Bolivia. Don Mario is
a past-producing gold-copper-silver operation with established
infrastructure. Don Mario is currently expanding its plant to
process its oxides stockpile accumulated from previous years of
mining activity. The Company expects to complete the construction
for the plant expansion by the end of calendar year 2025,
conditional on securing the remaining required balance of the
financing during the first half of 2025. The goal is to resume
production in Bolivia in 2026;
and
- Taguas Property ("Taguas"), located on the
eastern flank of the Andes Mountain range in the Province of
San Juan in northern Argentina. The Andean belt area is known for
its favorable geology with epithermal mineralization. Taguas'
neighboring projects include Barrick's Pascua-Lama and Veladero's
properties in Argentina, Barrick's
El Encierro property in Chile, and
Atex's Valeriano property in Chile. The Company is repositioning its long
term strategy for Taguas, now potentially including current
sulphides resources, plus deep copper-gold porphyry opportunities.
The planned geophysical survey, along with the updated geological
model, is expected to deliver key data that will inform strategic
decision-making and enhance the project's long-term value
proposition.
Additional information is available at Orvana's website
(www.orvana.com).
LOOKING AHEAD
Orvana continues to assess growth opportunities across its
portfolio, with a near-term focus on optimizing operations at El
Valle, unlocking value at Don Mario by processing the oxides
stockpile located onsite, and advancing Taguas toward exploration
milestones.
About BTV - Business Television:
For over 25 years, BTV has been a capital markets focused TV
production and Digital Marketing Agency. BTV helps companies
increase their brand awareness to a national retail and
institutional investor audience, combining unique content creation
and major distribution services on top tier networks including
Bloomberg, CNBC, FOX Business News and financial sites. The BTV
suite of strategic products include: BTV- Business Television Show,
CEO Clips™, TV Branding Ads, Digital, Lead Gen, Social and Direct
Email Marketing Campaigns that reach investors where they research
and live on-air and online.
About CEO Clips:
CEO Clips are short company video profiles broadcast to a
large audience of investors on TV and 15+ financial sites including
Reuters, Yahoo!Finance, and Wall Street Journal. The CEO Clips
interview is a paid promotional communication and is not, nor
should it be construed as, an offer to sell or a solicitation to
buy securities. Orvana has paid a fee to BTV to appear in this
segment.
Cautionary Statements – Forward-Looking
Information
Investors are advised to consult with a registered investment
advisor and to review all publicly filed disclosure documents of
the Company available at www.sedarplus.ca before
making any investment decisions.
Certain statements in this presentation constitute
forward-looking statements or forward-looking information within
the meaning of applicable securities laws ("forward-looking
statements"). Any statements that express or involve discussions
with respect to predictions, expectations, beliefs, plans,
projections, objectives, assumptions, potentials, future events or
performance (often, but not always, using words or phrases such as
"believes", "expects", "plans", "estimates" or "intends" or stating
that certain actions, events or results "may", "could", "would",
"might", "will", "are projected to" or "confident of" be taken or
achieved) are not statements of historical fact, but are
forward-looking statements.
The forward-looking statements herein relate to, among other
things, Orvana's ability to achieve improvement in free cash flow;
the ability to maintain expected mining rates and expected
throughput rates at El Valle Plant; the potential to extend the
mine life of El Valle and Don Mario beyond their current
life-of-mine estimates including specifically, but not limited to,
Orvana's ability to optimize its assets to deliver shareholder
value; estimates of future production (including without
limitation, production guidance), operating costs and capital
expenditures; mineral resource and reserve estimates; statements
and information regarding future feasibility studies and their
results; future transactions; future metal prices; the ability to
achieve additional growth and geographic diversification; and
future financial performance, including the ability to increase
cash flow and profits; future financing requirements; mine
development plans; the possibility of the conversion of inferred
mineral resources to mineral reserves.
Forward-looking statements are necessarily based upon a
number of estimates and assumptions that, while considered
reasonable by the Company as of the date of such statements, are
inherently subject to significant business, economic and
competitive uncertainties and contingencies, which includes,
without limitation, as particularly set out in the notes
accompanying the Company's most recently filed financial
statements. The estimates and assumptions of the Company contained
or incorporated by reference in this news release, which may prove
to be incorrect, include, but are not limited to the various
assumptions set forth herein and in Orvana's most recently filed
Management's Discussion & Analysis and Annual Information Form
in respect of the Company's most recently completed fiscal year
(the "Company Disclosures") or as otherwise expressly incorporated
herein by reference as well as: there being no significant
disruptions affecting operations, whether due to labour
disruptions, supply disruptions, power disruptions, damage to
equipment or otherwise; permitting, development, operations,
expansion and acquisitions at El Valle, Don Mario and Taguas being
consistent with the Company's current expectations; political
developments in any jurisdiction in which the Company operates
being consistent with its current expectations; certain price
assumptions for gold, copper and silver; prices for key supplies
being approximately consistent with current levels; production and
cost of sales forecasts meeting expectations; the accuracy of the
Company's current mineral reserve and mineral resource estimates;
labour and materials costs increasing on a basis consistent with
Orvana's current expectations; and the availability of necessary
funds to execute the Company's plan. Without limiting the
generality of the foregoing, this news release also contains
certain "forward-looking statements" within the meaning of
applicable securities legislation, including, without limitation,
references to the results of the Company's exploration activities,
including but not limited to, drilling results and analyses,
mineral resource estimation, conceptual mine plan and operations,
internal rate of return, sensitivities, taxes, net present value,
potential recoveries, design parameters, operating costs, capital
costs, production data and economic potential; the timing and costs
for production decisions; permitting timelines and requirements;
exploration and planned exploration programs; and the Company's
general objectives and strategies.
A variety of inherent risks, uncertainties and factors, many
of which are beyond the Company's control, affect the operations,
performance and results of the Company and its business, and could
cause actual events or results to differ materially from estimated
or anticipated events or results expressed or implied by forward
looking statements. Some of these risks, uncertainties and factors
include: the potential impact of global health and global economic
conditions on the Company's business and operations, including: our
ability to continue operations; and our ability to manage
challenges presented by such conditions; the general economic,
political and social impacts of the continuing conflict between
Russia and Ukraine, our ability to support the
sustainability of our business including through the development of
crisis management plans, increasing stock levels for key supplies,
monitoring of guidance from the medical community, and engagement
with local communities and authorities; fluctuations in the price
of gold, silver and copper; the need to recalculate estimates of
resources based on actual production experience; the failure to
achieve production estimates; variations in the grade of ore mined;
variations in the cost of operations; the availability of qualified
personnel; the Company's ability to obtain and maintain all
necessary regulatory approvals and licenses; Orovalle's
ability to complete the permitting process of the El Valle Tailings
Storage Facility increasing the storage capacity; Orovalle's
ability to complete the stabilization project of the legacy open
pit wall; the Company's ability to use cyanide in its mining
operations; risks generally associated with mineral exploration and
development, including the Company's ability to continue to operate
the El Valle and/or ability to resume operations at the Carlés
Mine; the Company's ability to successfully implement an acid
leaching circuit and ancillary facilities to process the current
oxides stockpiles at Don Mario; the Company's ability to
successfully carry out exploration and development plans at Taguas;
sufficient funding to carry out exploration and development plans
at Taguas and to process the oxides stockpiles at Don Mario;
EMIPA's ability to finalize the OSP financial model and
subsequently complete the required funding for the OSP; the
Company's ability to acquire and develop mineral properties and to
successfully integrate such acquisitions; the Company's ability to
execute on its strategy; the Company's ability to obtain financing
when required on terms that are acceptable to the Company;
challenges to the Company's interests in its property and mineral
rights; current, pending and proposed legislative or regulatory
developments or changes in political, social or economic conditions
in the countries in which the Company operates; general economic
conditions worldwide; the challenges presented by global health
conditions; fluctuating operational costs such as, but not limited
to, power supply costs; current and future environmental matters;
and the risks identified in the Company's disclosures. This list is
not exhaustive of the factors that may affect any of the Company's
forward-looking statements and reference should also be made to the
Company's Disclosures for a description of additional risk
factors.
Any forward-looking statements made herein with respect to
the anticipated development and exploration of the Company's
mineral projects are intended to provide an overview of
management's expectations with respect to certain future activities
of the Company and may not be appropriate for other purposes.
Forward-looking statements are based on management's current plans,
estimates, projections, beliefs and opinions and, except as
required by law, the Company does not undertake any obligation to
update forward-looking statements should assumptions related to
these plans, estimates, projections, beliefs and opinions change.
Readers are cautioned not to put undue reliance on forward-looking
statements. The forward-looking statements made in this information
are intended to provide an overview of management's expectations
with respect to certain future operating activities of the Company
and may not be appropriate for other purposes.
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SOURCE Orvana Minerals Corp.