#Canada #Toronto #Orvana Minerals #Don Mario #Oxide Processing

Orvana Minerals Provides Logistics Update and Processing Timeline for Don Mario

Orvana Minerals Corp. (TSX: ORV) (OTCQX: ORVMF) has recently issued an important update regarding the logistics situation in Bolivia, significantly impacting its operations at the Don Mario Oxide Stockpile Project (OSP). With this announcement, the company outlines both developments that have transpired and the timeline for the long-anticipated start of oxide ore processing.

Resolution of Logistics Disruptions

The past weeks have been challenging for Orvana, as road blockades and transport disruptions affected the supply chains in Bolivia. Good news has emerged, however, as these blockades have been largely lifted. The company reports that the movement of goods has significantly improved, allowing for normal logistical operations to resume in the region.

This resolution means that Empresa Minera Paitití S.A. (EMIPA), Orvana's subsidiary overseeing the Don Mario operation, has now received all critical materials required to commence processing. Previously, supply constraints had raised concerns about the OSP's operational readiness, but these issues have now been largely addressed.

Current Status of Oxide Stockpile Project

Equipped with the necessary materials, EMIPA is now focused on executing final preparations and coordinating the activities essential for the initiation of oxide ore processing. The company anticipates that operations are likely to begin around the middle of July, contingent upon the successful completion of standard operational protocols.

The delay in the start-up of the OSP was initially caused by the mentioned logistical disruptions. A revised guidance for EMIPA's operations is expected to be detailed in the Management’s Discussion and Analysis for the quarter ending June 30, 2026, which is set for release in mid-August.

Future Outlook

Despite the challenges faced in recent months, Orvana remains steadfast in its commitment to safely and effectively launching the OSP. The company is focused on continuing to drive the Don Mario operation forward in alignment with its strategic objectives.

As a significant player in the gold, copper, and silver mining sectors, Orvana owns several assets, including the Orovalle operation in Spain and the Taguas property in Argentina. Each of these assets represents critical components of the company's operational landscape, which they are diligently working to enhance and optimize.

Changes in logistics and operational conditions continue to influence the mining sector, and Orvana is well aware of the challenges posed by factors such as civil unrest, local economic conditions, and regulatory policies in Bolivia. The company's forward-looking statements are crafted with these considerations in mind, and they do not shy away from acknowledging the inherent risks tied to their operations.

The anticipated activities at the Don Mario Project are not only key for Orvana’s growth but also signal positive movement towards stability within the mining industry in Bolivia.

For those interested in staying updated on Orvana's endeavors, more information is available on their official website here.