TORONTO, April 17, 2025 /CNW/ - Orvana Minerals Corp. (TSX: ORV) (the "Company" or "Orvana") is pleased to report production and exploration updates for the second quarter of fiscal year 2025 ("Q2 FY2025) ending March 31, 2025 from Orovalle (Spain).
Juan Gavidia, CEO of Orvana, commented, "Gold production was lower than planned due to maintenance issues. We are implementing the necessary measures to achieve guidance. Notably, our copper production is outperforming expectations, which should assist us in achieving guidance for the year. We remain focused on maintaining operating discipline while advancing our growth strategy with exploration in Orovalle".
Orovalle – Q2 FY2025 Production Results
The mill processed approximately 111,272 tones, 6% lower than the prior quarter. The plant was shut down 28 days in the quarter: 17 days to carry out maintenance activities and 11 days in accordance with the scheduled workforce calendar. By March 31, 2025, approximately 18,000 tones of ore had been stockpiled for processing in the third quarter.
6,792 gold ounces produced in Q2 FY2025. Orovalle is targeting to reach the lower end of the 2025 production guidance of 37,000 - 41,000 Oz.
0.9 million copper pounds produced in Q2 FY2025. Orovalle expects to exceed the higher end of the 2025 production guidance of 2,400 – 2,700 K lbs.
see & read more omn
https://www.orvana.com/English/news/news-details/2025/ORVANA-REPORTS-Q2-FY2025-PRODUCTION-AND-EXPLORATION-RESULTS-FROM-OROVALLE-SPAIN/default.aspx |