Orvana CEO Optimistic About Taguas Project in Argentina

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(Orvana Minerals, 31.Mar.2022) — Orvana Minerals Corp. (TSX: ORV) reported on infill and expansion drilling results for the company’s 100%-owned Taguas Project in San Juan, Argentina.

As of 27 March 2022, 24 DDH holes totaling 3,845m have been drilled, of which 1946.5m (12 DDH) have analytical readings already. Work to date represents the first set of infill and expansion drilling of the ongoing fiscal 2022 program. The drilling program continues progressing well and the company expects to achieve a total of 7,400 meters by May 2022. The company expects to disclose further drilling results in the near future, as they become available.

Juan Gavidia, CEO of Orvana, commented, “Based on the reported intercepts, we are very optimistic that the Taguas Project could improve its initial economics, as we enter the Pre-Feasibility stage. In addition, efforts are being made to understand the high-grade oxides in Cerro Campamento, which could potentially be a cash flow catalyst for the first years of the operation. Our team on the ground is working 24/7 to complete drilling targets  before snow season settles in.”

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