#Spain #Orvana Minerals #Orovalle #El Valle

Orvana Reveals Promising Exploration Results

Orvana Minerals Corp. has released encouraging exploration results from its El Valle and Carlés deposits situated in Spain for the second half of fiscal year 2026 (H2 FY2026), which concluded on September 30, 2026. These results underpin the company's continuous efforts to enhance geological understanding and resource development in the region.

Exploration Overview

The company’s exploration initiatives include infill drilling aimed at refining the geological models of known mineralized zones and brownfield drilling undertaken to investigate potential extensions of these areas. The primary goal of these drilling programs is to reinforce the estimates of mineral resources, potentially informing future updates.

Key Highlights from H2 FY2026

At the El Valle–Boinás mine, drilling activities focused on the oxide mineralized bodies, comprising 6,537 meters total. This involved 5,687 meters drilled at Breccia East, alongside 742 meters and 108 meters at Areas 208 and Boinás East, respectively. Significant findings included:

• - Drilling in Breccia East identified gold mineralization at a depth of 300 meters, suggesting that the zone remains open at depth.
• - Highlights of drilling intercepts include: 4.17 m @ 39.85 g/t Au and 0.34% Cu (DDH 26BX1094) and 3.39 m @ 16.77 g/t Au and 1.92% Cu (DDH 26BX1120).

The Carlés segment also received attention, with 1,197 meters completed in the Carlés Northwest, focusing on defining the northeastern extension of the mineralized zone.

Detailed Drilling Summary

During H2 FY2026, Orvana executed a total of 53 drill holes targeting the El Valle–Boinás and Carlés deposits. The breakdown of drilling metrics is as follows, highlighting both infill and brownfield programs:

• - Total Meters Drilled: 7,734
• - El Valle Boinás: 5,687 meters (includes significant drilling at Breccia East and Areas 208)
• - Carlés Northwest: 1,197 meters (4 brownfield holes to assess depth continuity).

The drilling at Breccia East specifically comprised substantial infill drilling, which is crucial for our understanding and anticipation of mineralization continuity. Also noteworthy is the ongoing assessment of the interpreted geological relationships between various mineralized zones in the project area.

Mineralization Details

Breccia East: This zone's structure is assessed as being part of a fault zone at the junction of limestone and sandstone. Detailed drilling has resulted in an improved understanding of both the geometry and continuity of the mineralization, further indicating that areas remain open for continued exploration.

Area 208 and Boinás East: Drilling here has revealed variable thickness in bands of altered skarn and semi-jasperoid breccias within limestone, along with the discovery of copper and gold mineralization.

Future Directions**: The assessments conducted during H2 FY2026 support plans for additional drilling in future exploration campaigns, fueling expectations around identifying further resource potential. Orvana's management remains optimistic about interpreting results that affirm existing geological hypotheses and open avenues for future resource conversion.

Quality Control Measures

All samples have undergone rigorous quality control processes to ensure accuracy in reporting. Core samples are dried, crushed, and processed under stringent laboratory procedures, reinforcing the reliability of Orvana’s data outputs regarding mining operations.

Conclusion

The results unveiled by Orvana Minerals during the second half of fiscal year 2026 present promising prospects for its operations at Orovalle, Spain. These developments pave the way for exciting further exploration, expected to enrich mineral resource estimates and foster growth in the upcoming fiscal periods. Stakeholders are encouraged to monitor the company’s continued activity and subsequent findings.

For more detailed information, visit Orvana’s corporate website or follow their investor communications for updates on drilling outcomes and corporate strategy.