Brief: Orvana Reports Production For Q1 F2018 - 23,172 Gold Ounces Produced

Orvana Minerals

19/01/2018 11:00

Jan 19 (Reuters) - Orvana Minerals Corp  ORV.TO : 
    * ORVANA REPORTS PRODUCTION FOR Q1 F2018 - 23,172 GOLD 
OUNCES 
PRODUCED 
    * ORVANA MINERALS CORP - CONSOLIDATED QUARTERLY GOLD 
PRODUCTION 
OF 23,172 OUNCES, FULL-YEAR GUIDANCE MAINTAINED 
    * ORVANA MINERALS CORP - EL VALLE'S PERFORMANCE IN Q1 DID 
NOT MEET 
CO'S EXPECTATIONS 
    * ORVANA MINERALS CORP - PRODUCTION RE-FORECAST AT EL VALLE 
FOR 
FISCAL 2018 IS IN FINAL STAGES OF REVIEW 
    * ORVANA MINERALS - MINING RATES AT EL VALLE IN QUARTER WERE 
IMPACTED BY LOWER THAN PLANNED FLEET AVAILABILITY AND A FAILURE 
IN MINE'S VENTILATION SYSTEM 
    * ORVANA MINERALS CORP - PRODUCTION RE-FORECAST AT EL VALLE 
FOR 
FISCAL 2018 IS IN FINAL STAGES OF REVIEW 
    * ORVANA MINERALS - CURRENTLY, EXPECT A PART OF PRODUCTION 
SHORTFALL  IN Q1 AT EL VALLE WILL BE RECOVERED OVER REST OF 2018 
    * ORVANA MINERALS - EL VALLE'S PERFORMANCE IN QUARTER WAS 
IMPACTED 
BY UNANTICIPATED BUILD-UP OF IN-PROCESS GOLD IN MILL 
 
Source text for Eikon:  ID:nCNWYYbqWa  
Further company coverage:  ORV.TO  
 
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