ORVANA REPORTS Q3 FY2025 PRODUCTION AND EXPLORATION RESULTS FROM OROVALLE, SPAIN

Core Viewpoint - Orvana Minerals Corp. reported increased gold production levels in Q3 FY2025 and initiated development activities at the Carlés mine, with a planned production ramp-up expected to begin in August [1][5]. Production Results - In Q3 FY2025, the ore milled was 116,626 tonnes, a 5% increase from the previous quarter [5]. - Gold production reached 8,536 ounces, a 26% increase compared to Q2 FY2025, although current estimates are tracking below the guidance range of 37,000 to 41,000 ounces [5]. - Copper production was approximately 886,000 pounds, consistent with the previous quarter, and has already exceeded the higher end of the 2025 guidance of 2,400 to 2,700 K lbs [5]. - Silver production totaled 29,752 ounces, with a recovery rate of 80.4% [4]. Exploration Updates - The drilling program in Q3 FY2025 focused on skarn areas, with a total of 3,554 meters drilled, including 1,561 meters in Boinás East and 1,192 meters in Boinás South [6][7]. - Encouraging results were reported from the Ortosa-Godán greenfield drilling program, aiming to confirm a potential connection between Godán mineralization and the Carlés deposit [2][10]. - The fourth quarter drilling program will continue to define new resources in oxide areas and convert inferred resources [8]. Financial Performance - Consolidated operational and financial highlights for Q3 FY2025 will be released in mid-August 2025 [17]. - Updated production estimates will be provided alongside the third quarter financials [5][17]. Company Overview - Orvana Minerals Corp. operates multiple mines, including the El Valle and Carlés gold-copper-silver mines in Spain, and has properties in Bolivia and Argentina [18].