Orvana Minerals Corp. Announces Production Results for the Fourth Quarter and Full Fiscal Year 2018 for El Valle Mine in Spain and Don Mario Mine in Bolivia; Provides Production Guidance for the Fiscal Year 2019
For the year, the company reported total ore milled of 1,342,464 tonnes dmt against 1,375,738 tonnes dmt for the same period a year ago. Total Gold equivalent production was 126,017 oz against 124,039 oz for the same period a year ago. Total gold production was 103,384 oz against 90,292 oz for the same period a year ago. Total copper production was 8,234,000 lbs against 13,893,000 lbs for the same period a year ago.
The company provided production guidance for the fiscal year 2019. For the year, the company expects gold production of 100,000 oz 110,000 oz and copper production of 8,000,000 lbs 8,400,000 lbs.