Ms. Nuria Menendez reports

ORVANA PROVIDES LOGISTICS UPDATE AND OXIDE PROCESSING START-UP TIMELINE FOR DON MARIO

Orvana Minerals Corp. has provided an update on the resolution of recent logistics disruptions in Bolivia and the planned start-up of oxide ore processing at its Don Mario oxide stockpile project (OSP), operated through its controlled subsidiary Empresa Minera Paititi S.A. (EMIPA).

Logistics situation resolved

The company is pleased to report that the road blockades and transportation disruptions previously affecting Bolivia have largely been cleared. As a result, the movement of goods and materials has largely returned to normal conditions.

EMIPA has now received all critical materials required to support the start-up of oxide ore processing at Don Mario. The supply constraints referenced in the company's previous disclosure dated May 25, 2026, have therefore been substantially addressed.

Oxide stockpile project update

With the required materials now on site, EMIPA is coordinating the final activities necessary for the commencement of oxide ore processing.

The company currently expects start-up activities to begin in the middle of July, subject to the completion of customary operational preparations and final co-ordination activities.

Outlook and guidance

As previously disclosed, the logistics disruptions resulted in a delay to the originally anticipated start-up schedule for the OSP. The company expects to provide a revised guidance for EMIPA's operations in its management's discussion and analysis for the quarter ended June 30, 2026, which is expected to be released in mid-August, 2026.

Orvana remains focused on the safe and successful start-up of the OSP and continues to advance the Don Mario operation in accordance with its strategic plan.

About Orvana Minerals Corp.

Orvana is a multimine gold-copper-silver company. Orvana's assets consist of the producing Orovalle operation in northern Spain; the Don Mario operation in Bolivia; and the Taguas property located in Argentina.

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