Orvana Minerals Corp. Reports Exploration Results from Orovalle

Published: 2025-07-17 02:50:43 ET ORV.TO

Published on 07/17/2025 at 02:50

Orvana Minerals Corp. reported exploration results from Orovalle (Spain). The Third Quarter FY2025 drilling program focused on skarn areas, aiming to convert inferred resources into measured and indicated resources.

In Boinás East, 1,561 meters of drilling defined narrow skarn mineralization in the western part of the orebody, between levels 100 and 200, which will be incorporated into the mine plan. In Boinás South, 1,192 meters were drilled to complete mineral definition around stope designs and confirm orebody geometry. A minor drilling program was also carried out in Area 208 and will continue during the fourth quarter.

The drilling program in the fourth quarter of fiscal 2025 is focused on defining new resources in oxides areas and converting inferred resources in the same areas (mainly Area 208 and E2). The Ortosa-Godan Project is located three kilometers northwest of the Carlés mine, within the same gold belt. The exploration program is currently focused on the Godán area, where FY2024 drilling proved mineralization at the contact between the intrusive and sedimentary rocks, with calcic skarn bands dipping 60-70º ESE over 200 meters of strike potential.

The FY2025 drilling program is currently underway, aiming to extend the definition of skarn mineralization at depth. Based on the interpreted dip of the formation, there is potential for the Godán mineralization to connect with the Carlés skarn system, and ongoing exploration is focused on testing this possibility.