ORVANA REPORTS GEOPHYSICAL SURVEY RESULTS AND COMMENCES INITIAL DEEP DRILLING PROGRAM AT TAGUAS, ARGENTINA

Core Insights - Orvana Minerals Corp. has initiated a deep drilling program at its Taguas project in Argentina following a successful geophysical survey that identified a north-south corridor with elevated chargeability and low resistivity, potentially indicating sulfide-bearing systems [1][5][10] Geophysical Survey Results - The geophysical survey utilized Induced Polarization (IP) and Magnetotelluric (MT) methods, covering a 4 km² area and reaching depths of approximately 1,500 meters for MT and 800 to 1,000 meters for IP [10] - The survey results revealed a significant anomaly that is interpreted as consistent with the presence of sulfide mineralization at depth, although further drilling is required to confirm this [10][6] Drilling Program - The initial deep drilling program commenced in January 2026, targeting a planned depth of 1,500 meters, with an estimated total of 4,500 meters to be drilled by April 2026 [10][8] - The first drill hole aims to explore the core of the identified low resistivity anomaly between Cerro Taguas Norte and Cerro Campamento [10][8] Geological Modeling and Exploration Framework - An updated geological model for the Taguas project has been developed, focusing on deeper sulfide mineralization and potential porphyry copper-gold systems, extending beyond the previously identified near-surface resources [5][10] - The integration of alteration vectoring, veining styles, and multielement geochemistry has established a coherent exploration framework across the project area [10][6] Strategic Context - The repositioning of the Taguas project aims to evaluate its broader potential, including the underlying sulfide mineralization and the potential for a deep porphyry copper-gold system [5][10] - The combination of geophysical data and historical exploration data has prioritized key targets for the ongoing drilling campaign [5][10]