Orvana Minerals Corp. Announces Production Results for the Fourth Quarter and Full Fiscal Year 2019; Provides Production Guidance for the Fiscal Year 2020
For the year, the company reported gold grade of 2.34 g/t against 2.61g/t a year ago. Gold recovery was 92.6% against 91.7 % a year ago. Gold production was 97,259 oz against 103,384 oz a year ago. Copper grade was 0.45% against 0.60% a year ago. Copper recovery was 76.3% against 65.9% a year ago. Copper production was 5,015,000 against 8,233,000 lbs a year ago.
For the fiscal year 2020, the company expects total gold production in the range of 62,000 oz to 68,000 oz and copper production in the range of 5.5 million lbs 6.0 million lbs.