Orvana confirms Don Mario resource

Infill drilling at the Don Mario property in Bolivia is confirming a previously outlined underground resource of 1 million tonnes grading 13 grams gold per tonne.

Orvana Minerals (ORV-T) is drilling off a high-grade gold zone hosted in a steeply dipping garnet-magnetite quartz unit.

Hole DM-81 intersected 20.5 metres averaging 13.01 grams gold from 11.9 to 182.4 metres.

The hole was drilled to intersect the zone at right angles to its rake, and the true width of the intersection is estimated at 16.8 metres.

The DM-81 is 25 metres below hole 50, one of the best intersections to date at Don Mario. The latter hole had a cut grade of 12.8 grams gold over a true thickness of 18 metres.

Neil Hillhouse, chairman, reports that results to date demonstrate a high degree of consistency and predictability for the gold mineralization.

Orvana is also drilling along strike, north of the Don Mario deposit, at the Cerro Felix target.

Two holes at Cerro Felix, CF-09 and CF-10, returned anomalous gold values over widths of 84.79 and 73.15 metres, respectively. CF-09 included an 11.64-metre interval grading 0.54 gram gold, while CF-10 returned gold values of up to 4.33 grams over 1.5 metres.

Additional results are pending from the Don Mario deposit, and Orvana plans to drill an additional 15 holes at Cerro Felix to test the zone further.

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