Orvana Reports Improved Second Quarter Financial Results on Highest Gold Production Since 2014

Orvana Minerals Corp. (TSX:ORV) (the “Company” or “Orvana”) announced today financial and operational results for the second quarter of fiscal 2017 (“Q2 2017”). The Company is also providing financial and operational results for its El Valle and Carlés Mines (collectively, “El Valle”) operations in northern Spain and for its Don Mario Mine in Bolivia.
As quoted in the press release:

“The milestones we have reached at both El Valle and Don Mario this quarter have positioned Orvana well for the remainder of fiscal 2017 and beyond,” said Jim Gilbert, Chairman and CEO of Orvana. “At Don Mario, the successful completion of the CIL project has provided an immediate improvement to our gold production profile and provides a platform for us to pursue various life extension opportunities in our area of influence. At El Valle, continued improvements in our development results have now added substantial flexibility to our mine planning and production capabilities, which – supported by improved production from the Carlés Mine and consistent performance of the plant at nameplate of 2,000 tonnes per day and above – will allow us to sustain production at rates significantly higher than those historically realized. We look forward to reporting Orvana’s further progress through the remainder of the year.”

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