Orvana Announces Participation at Precious Metals Summit Conference
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Date: Sept 12, 2022 #14-2022
ORVANA ANNOUNCES PARTICIPATION AT
PRECIOUS METALS SUMMIT CONFERENCE
TORONTO, ONTARIO, September 12, 2022 – Orvana Minerals Corp. (TSX:ORV) (the “Company” or
“Orvana”) ”) is pleased to announce that it will be attending the Precious Metals Summit in Colorado.
Ms. Nuria Menéndez, Chief Financial Officer and Mr. Raúl Álvarez, Director of Exploration and Technical
Services, will be attending the Precious Metals Summit held at Beaver Creek, Colorado during September
13-16, 2022. Ms. Menéndez will be presenting on Wednesday September 14, 2022 at 10.00 (MT).
The Company Presentation is available on Orvana's website at:
https://www.orvana.com/English/investors/presentations/default.aspx
ABOUT ORVANA – Orvana is a gold -copper-silver company. Orvana’s assets consist of the producing
Orovalle Operation in northern Spain, the Don Mario property in Bolivia, currently in care and maintenance,
and the Taguas property located in Argentina. Additional information is available at Orvana’s website
(www.orvana.com).
For further information please contact:
Nuria Menéndez
Chief Financial Officer
Cautionary Statements – Forward-Looking Information
Certain statements in this presentation constitute forward -looking statements or forward- looking information within the meaning of
applicable securities laws (“ forward-looking statements”). Any statements that express or involve discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives, assumptions, potentials, future events or performance (often, but
not always, using words or phrases such as “believes”, “expects”, “plans”, “estimates” or “intends” or stating that certain actions,
events or results “may”, “could”, “would”, “might”, “will ”, “are projected to” or “confident of” be taken or achieved) are not statements
of historical fact, but are forward-looking statements.
The forward-looking statements herein relate to, among other things, Orvana’s ability to achieve improvement in free c ash flow; the
ability to maintain expected mining rates and expected throughput rates at El Valle Plant; the potential to extend the mine l ife of El
Valle and Don Mario beyond their current life-of-mine estimates including specifically, but not limited to, in the case of Don Mario, the
processing of the mineral stockpiles and the reprocessing of the tailings material, and sufficient funding to proceed with th e
processing; Orvana’s ability to optimize its assets to deliver shareholder value; the Company’s ability to optimize productivity at Don
Mario and El Valle; estimates of future production (including without limitation, production guidance), operating costs and c apital
expenditures; mineral resource and reserve estimates; statements and information regar ding future feasibility studies and their
results; future transactions; future metal prices; the ability to achieve additional growth and geographic diversification; and future
financial performance, including the ability to increase cash flow and profits; future financing requirements; mine development plans;
and the possibility of the conversion of inferred mineral resources to mineral reserves.
Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable
by the Company as of the date of such statements, are inherently subject to significant business, economic and competitive
uncertainties and contingencies, which includes, without limitation, as particularly set out in the notes accompanying the Company’s
most recently filed financial statements. The estimates and assumptions of the Company contained or incorporated by reference in
this information, which may prove to be incorrect, include, but are not limited to the various assumptions set forth herein and in
Orvana’s most recently filed Management’s Discussion & Analysis and Annual Information Form in respect of the Company’s most
recently completed fiscal year (the “Company Disclosures”) or as otherwise expressly incorporated herein by reference as well as:
there being no significant disruptions affecting operations, whether due to labour disruptions, supply disruptions, power dis ruptions,
damage to equipment or otherwise; permitting, development, operations, expansion and acquisitions at El Valle and Don Mario being
consistent with the Company’s current expectations; political developments in any jurisdiction in which the Company operates being
consistent with its current expectations; certain price assumptions for gold, copper and silver; prices for key supplies being
approximately consistent with current levels; production and cost of sales forecasts meeting expectations; the accuracy of th e
Company’s current mineral reserve and mineral resource estimates; labour and materials costs increasing on a basis consistent with
Orvana’s current expectations; and the availability of necessary funds to execute the Company’s plan. Without limiting the generality
of the foregoing, this news release also contains certain "forward -looking statements" within the meaning of applicable securities
legislation, including, without limitation, references to the results of the Company’s exploration activities, including but not limited to,
drilling results and analyses, mineral resource estimation, conceptual mine plan and operations, internal rate of return, sensitivities,
taxes, net present value, potential recoveries, design parameters, operating costs, capital costs, production data and econom ic
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potential; the timing and costs for production decisions; permitting timelines and requirements; exploration and planned exploration
programs;; and the Company's general objectives and strategies.
A variety of inherent risks, uncertainties and factors, many of which are beyond the Company’s control, affect the operati ons,
performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated
or anticipated events or results expressed or implied by forward looking statements. Some of these risks, uncertainti es and factors
include: the potential impact of the COVID-19 on the Company’s business and operations, including: our ability to continue operations;
our ability to manage challenges presented by COVID-19; the accounting treatment of COVID-19 related matters; Orvana’s ability to
prevent and/or mitigate the impact of COVID- 19 and other infectious diseases at or near our mines; the general economic, political
and social impacts of the continuing conflict between Russia and Ukraine, our ability to support the sustainability of our business
including through the development of crisis management plans, increasing stock levels for key supplies, monitoring of guidance from
the medical community, and engagement with local communities and authorities; fluctuations i n the price of gold, silver and copper;
the need to recalculate estimates of resources based on actual production experience; the failure to achieve production estim ates;
variations in the grade of ore mined; variations in the cost of operations; the availability of qualified personnel; the Company’s ability
to obtain and maintain all necessary regulatory approvals and licenses; the Company’s ability to use cyanide in its mining operations;
risks generally associated with mineral exploration and development, including the Company’s ability to continue to operate the El
Valle and/or ability to resume long- term operations at the Carlés Mine; the Company’s ability to successfully implement a
sulphidization circuit and ancillary facilities to process the current oxides stockpiles at Don Mario; the Company’s ability to
successfully carry out development plans at Taguas; sufficient funding to carry out development plans at Taguas and to process the
oxides stockpiles at Don Mario; the Company’s ability to acquire an d develop mineral properties and to successfully integrate such
acquisitions; the Company’s ability to execute on its strategy; the Company’s ability to obtain financing when required on terms that
are acceptable to the Company; challenges to the Company’s interests in its property and mineral rights; current, pending and
proposed legislative or regulatory developments or changes in political, social or economic conditions in the countries in which the
Company operates; general economic conditions worldwide; the challenges presented by COVID -19; fluctuating operational costs
such as, but not limited to, power supply costs; current and future environmental matters; and the risks identified in the Company’s
disclosures. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements and reference
should also be made to the Company’s Disclosures for a description of additional risk factors.
Any forward-looking statements made herein with respect to the anticipated development and exploration of the Company’s mineral
projects are intended to provide an overview of management’s expectations with respect to certain future activities of the Company
and may not be appropriate for other purposes. Forward -looking statements are based on management’s current plans, estimates,
projections, beliefs and opinions and, except as required by law, the Company does not undertake any obligation to update forward-
looking statements should assumptions related to these plans , estimates, projections, beliefs and opinions change. Readers are
cautioned not to put undue reliance on forward- looking statements. The forward- looking statements made in this information are
intended to provide an overview of management’s expectations with respect to certain future operating activities of the Company and
may not be appropriate for other purposes.