ORVANA REPORTS FOURTH QUARTER AND FISCAL 2026 PRODUCTION RESULTS - Spain Annual Gold Production Exceeds Guidance
PR Newswire•15/10/2026•19:48 ET
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Key Highlights
- ➤FY2026 Orovalle gold production 37,775 ounces, approximately 2% above guidance
- ➤FY2026 consolidated production reached 45,160 GEO, including 39,282 gold ounces
- ➤EMIPA produced first gold doré and copper cathodes during Q4 ramp-up
- ➤EMIPA FY2026 production fell below guidance after processing 64,156 tonnes
- ➤Don Mario throughput target is approximately 1,700 tonnes per day by year-end 2026
Expert Statements
Juan Gavidia, CEO of Orvana
“Spain exceeded our FY2026 gold production guidance, supported by the strategic use of additional contractor services, which helped offset labour shortages and absenteeism. Looking ahead to FY2027, our focus remains on sustaining disciplined production performance and operational efficiency while managing inflationary cost pressures arising from broader global conditions and continued workforce challenges.”
Juan Gavidia, CEO of Orvana
“At Don Mario's newly expanded Plant, we produced our first gold doré bars, and copper cathodes, during the quarter. Current work is about optimizing the acid leaching and filtration sectors, to further improve process efficiency and operational reliability. We expect to progressively increase daily throughput during the remainder of calendar 2026 moving towards the end goal of 1,700 tonnes per day, by the end of calendar 2026,”
ORVANA REPORTS FOURTH QUARTER AND FISCAL 2026 PRODUCTION RESULTS - Spain Annual Gold Production Exceeds Guidance PR Newswire
TORONTO, Oct. 16, 2026 /PRNewswire/ -- Orvana Minerals Corp. (TSX: ORV) (OTCQX: ORVMF) ("Orvana" or the "Company") is pleased to report production results for the fourth quarter and full fiscal year 2026, ended September 30, 2026 ("Q4 FY2026" and "FY2026", respectively), and to provide an update on the Oxides Stockpile Project at its Don Mario operation in Bolivia.
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