ORVANA PROVIDES TAGUAS EXPLORATION UPDATE

Core Insights - Orvana Minerals Corp. is providing an exploration update on the Taguas project in Argentina and will exhibit at the PDAC 2026 convention in Toronto from March 1-4, 2026 [1] Exploration Update - The first deep drilling program at the Taguas project has commenced, with the initial drill hole reaching a depth of 650 meters out of a planned 1,500 meters [1] - Drilling has intersected the upper portion of the epithermal system, including polymictic hydrothermal breccias and quartz-pyrite-enargite veinlets, with sericitic alteration observed in the final meters [1] - The drilling program is designed to evaluate the potential deep porphyry copper-gold system at Taguas for the first time, targeting geological and geophysical characteristics associated with copper-gold porphyry systems [1] Drilling Program Details - The initial drilling program is approximately 4,500 meters and is expected to be completed by April 2026, depending on drilling conditions and logistics [1] - The current drill hole is targeting a low-resistivity anomaly identified by a recent geophysical survey, located between Cerro Taguas Norte and Cerro Campamento [1] - Drill results will be released as they become available, subject to analysis and verification [1] Company Overview - Orvana is a multi-mine gold-copper-silver company with operations including the Orovalle operation in Spain, the Don Mario operation in Bolivia, and the Taguas property in Argentina [1]