#Spain #Gold Production #Orvana Minerals #Orovalle

Orvana Minerals Reports Q4 FY2025 Production and Exploration Results from Orovalle, Spain

Orvana Minerals Corp., listed on the Toronto Stock Exchange under the ticker symbol ORV, has released its production and exploration results for the fourth quarter of fiscal year 2025, which concluded on September 30, 2025. This report highlights significant achievements and provides an overview of the current status at the Orovalle mining operation located in Spain.

Production Overview

In Q4 FY2025, Orvana achieved a production total of 7,587 gold equivalent ounces, comprising 6,317 ounces of gold, 0.8 million pounds of copper, and 24,279 ounces of silver. Across the fiscal year 2025, the total production was 35,705 gold equivalent ounces, with a significant contribution from gold, copper, and silver outputs. This marks a noteworthy addition to the company’s mining portfolio despite facing some operational challenges this quarter.

Quarterly Comparison

Looking at the production figures, the output for Q4 FY2025 shows a 26% decline in gold production compared to the previous quarter, largely attributed to a 13% reduction in the tonnes milled and a 12% dip in gold grade. The yearly totals also fell slightly short of expectations, with gold production at 29,276 ounces, just under the lower end of the anticipated guidance of 30,000 to 31,000 ounces.

Exploration Results

In addition to production, Orvana has made advancements in exploration, having completed 2,652 meters of infill and brownfield drilling primarily in Area A2. Notable drilling results included intercepts yielding grades of 18.75 g/t gold over 8.7 meters, 14.68 g/t over 9.0 meters, and 11.02 g/t over 16.8 meters. These findings underscore the potential for resource expansion in the southern extension of mineralization.

Juan Gavidia, CEO of Orvana, expressed optimism regarding the drilling results at El Valle Boinás. He stated, “The encouraging results support our ongoing brownfield program aimed at boosting our resource inventory and replacing extracted reserves.” He also highlighted the importance of operational stability, noting key developments in the ramp-up of operations at Carlés, which is expected to further enhance ore extraction efficiency by tapping into independent deposits.

Q4 Production Metrics

• - Ore Milled: 101,140 tonnes, a 13% decrease since the prior quarter due to planned summer maintenance.
• - Gold Production: 6,317 ounces, down from 8,536 ounces in Q3 FY2025.
• - Copper Production: 0.8 million pounds, reflecting a 13% decrease likely resulting from reduced processed tonnes.
• - Silver Production: 24,279 ounces, continuing to contribute to the overall performance metrics.

Fiscal Year Summary

In fiscal year 2025, Orvana’s operations reported a gold production total of 29,276 ounces. The production met the copper guidance of 3.6 million pounds, indicating successful management of copper output as it aligns closely with expectations. The production challenges faced were mainly from a concentration of stope ore extraction in late September, which hindered processing capacity for the month. The management team anticipates mitigating these effects by processing stockpiled materials in the early part of fiscal year 2026.

Future Directions

The upcoming drilling program for the first quarter of FY2026 aims to further define and expand the mineral potential of the identified structures, specifically looking southward. Exploration initiatives are anticipated not only to confirm existing resources but also to open new avenues for extraction. Samples from the Ortosa-Godan project are currently undergoing analysis, with results expected to guide future efforts.

In summary, Orvana Minerals Corp. is navigating through operational adjustments while simultaneously advancing its exploration initiatives. The strategic enhancements and focus on efficiency are laid out as pivotal components of the company’s future directions, as it aims to improve production consistency and ensure resource sustainability.

For more information on Orvana Minerals and its operations, consider visiting their website at www.orvana.com.