Orvana Minerals Corp.

Orvana's Bolivian Unit Breaches Bond Covenants as Don Mario Ramps Up

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Orvana's Bolivian Unit Breaches Bond Covenants as Don Mario Ramps Up

Toronto – November 02, 2026 -- Orvana Minerals Corp.'s Bolivian subsidiary Empresa Minera Paitití (EMIPA) was outside the financial covenant thresholds on its Bolivian bonds at September 30, 2026, and is now in a cure period running through December 8, 2026. At the same time, the Don Mario plant is lifting oxide throughput, with a target of about 1,400 tonnes per day in November.

EMIPA enters cure period after missing covenant ratios at September 30

EMIPA's covenant ratios under its EMIPA Bonds I and EMIPA Bonds II were outside the required levels, based on unaudited fourth-quarter FY2026 statements prepared under Bolivian GAAP. The company filed the statements with ASFI, Bolivia's financial regulator, where it has been a registered bond issuer since September 2023. The initial cure period can be extended under the bond terms, subject to bondholder approval.

Orvana Hits 116 g/t Gold at El Valle in H2 FY2026 Drilling

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Orvana Hits 116 g/t Gold at El Valle in H2 FY2026 Drilling

TORONTO – October 30, 2026 -- Orvana Minerals Corp. (TSX: ORV) reported a top intercept of 1.33 m at 116.41 g/t gold and 0.47% copper at its Breccia East zone in Spain. The hole sits within a 4.17 m interval grading 39.85 g/t Au and 0.34% Cu (DDH 26BX1094). The results come from 53 drill holes completed across the El Valle-Boinás and Carlés deposits in the second half of fiscal 2026, ended September 30, 2026.

Breccia East delivers 15.08 m at 10.68 g/t Au and remains open at depth

The El Valle-Boinás campaign totalled 6,537 metres, focused on oxide mineralized bodies. Breccia East accounted for 5,687 metres, Area 208 for 742 metres and Boinás East for 108 metres.

Orvana Beats Spain Gold Guidance as Bolivia Ramp-Up Lags

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Orvana Beats Spain Gold Guidance as Bolivia Ramp-Up Lags

Toronto – October 16, 2026 -- Orvana Minerals Corp. produced 45,160 gold equivalent ounces (GEO) in fiscal 2026, with its Spanish Orovalle mine beating gold guidance while the Bolivian EMIPA unit fell far short of its withdrawn targets.

Orovalle exceeds gold guidance at 37,775 ounces

Orovalle produced 37,775 ounces of gold in FY2026, about 2% above the top of its 34,000 to 37,000 ounce guidance range. Copper output of 2.9 million pounds landed within the 2.7 to 3.0 million pound range. The mine processed 518,525 tonnes of ore and produced 43,074 GEO, including 100,255 ounces of silver.

In Q4, Orovalle poured 10,347 ounces of gold, up 7% on the prior quarter, on a 10% higher gold grade and a 0.8% recovery gain. Copper output rose 17% to 0.8 million pounds on a 13% grade increase and 7% better recovery. Tonnes milled fell 3%. Orvana attributed the grade shifts to changing oxide and skarn proportions and blending sequences.

Orvana's Bolivian Unit EMIPA Pours First Doré Bar From Don Mario Oxide Stockpile

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Orvana's Bolivian Unit EMIPA Pours First Doré Bar From Don Mario Oxide Stockpile

Toronto – September 12, 2026 -- Orvana Minerals Corp. (TSX: ORV; OTCQX: ORVMF) said its Bolivian subsidiary Empresa Minera Paitití S.A. (EMIPA) has produced its first doré bar from processing stockpiled oxide material at the Don Mario site in southeastern Bolivia.

First doré bar confirms metallurgical design of expanded plant

CEO Juan Gavidia said the result confirms the metallurgical performance of the expanded Don Mario Plant is in line with design and engineering assumptions. The company is now focused on safely increasing throughput and optimizing plant performance as operations ramp up.