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Orvana Minerals' Q3 FY2026 Production Results and Don Mario Update

Orvana Minerals Corp. recently announced its production results for the third quarter of fiscal year 2026, which concluded in June. The outcomes reflect a significant milestone for the company as it progresses in its operations, especially at the Don Mario site in Bolivia.

Exciting Developments in Production

The company reported a consolidated production of 10,833 Gold Equivalent Ounces (GEO). This impressive figure includes 9,656 gold ounces, 0.64 million pounds of copper, and 19,487 silver ounces. However, the report highlighted some challenges, including logistics issues that caused delays at the Bolivia site, which halted production in the third quarter. During this time, only Orvana's operation in Spain contributed to the total, maintaining the company’s production trajectory.

CEO Juan Gavidia expressed optimism regarding the future of the Don Mario operation, stating, "This is a pivotal moment for Orvana. We completed our preparations for oxide ore processing at EMIPA, and we expect to ramp up production shortly." This anticipated increase aims to enhance shareholder value as operations are streamlined.

Addressing Logistics Challenges

The logistics disruptions experienced in Bolivia during Q3 FY2026 resulted in an altered start-up schedule for the Oxides Stockpile Project (OSP). Unfortunately, EMIPA managed to record no production for the quarter. However, updates indicate that all necessary preparations for oxide ore processing have now been finalized, with supplies received and processing circuits ready for action. The company is poised to begin executing its operational plans shortly.

Production Highlights from Orovalle

While EMIPA faced setbacks, the performance from Orovalle continues to be promising:

• - Milled Ore: Approximately 131,244 dry tonnes processed, aligning with previous quarters.
• - Gold Production: Produced 9,656 ounces, representing a 14% increase from the last quarter, owing to improvements in both head grade and tonnage milled.
• - Copper Output: Contributed 0.6 million pounds of copper in Q3 FY2026, despite a 17% decrease compared to earlier results due to lower grade and recoveries.

These adjustments in production metrics underscore the dynamic nature of the mining industry where quarterly performance can fluctuate drastically, demonstrating both challenges and opportunities.

Future Expectations for EMIPA

Orvana expects to provide updated guidance for EMIPA’s operations in mid-August 2026. The continuous monitoring of the company’s operations and prompt adjustments to management strategies will be crucial in navigating these challenges.

In conclusion, while the third quarter introduced certain hurdles for Orvana Minerals Corp., particularly impacting its Bolivian operations, the overall outlook remains optimistic. With substantial efforts directed towards stabilizing production processes, the company's strategic initiatives aim to position itself favorably in the competitive mining sector. Investors and stakeholders alike will be keeping a close eye on the upcoming developments as the company strives to optimize its production capabilities across all operational fronts.

For more details about Orvana's operations, visit their official website at www.orvana.com.