Orvana Expands Taguas Project Footprint with $1.2M Evelina Claims Acquisition — Orvana Minerals Corp.

Event summary

Orvana Minerals acquired the Evelina Property from Pan American Silver for US$1.2 million, expanding its Taguas Project footprint by 123% to 7,289 hectares.
The Evelina Property includes four claims totaling 4,015 hectares in San Juan Province, Argentina, extending the project along the same metallogenic belt.
Evelina East shows potential as a southern extension of the Cerros Taguas mineralized corridor, while Evelina West remains underexplored but indicates hydrothermal system potential.
Orvana completed two deep drill holes at Taguas in FY2026, with one confirming a dacitic porphyry-related hydrothermal system.
The acquisition supports Orvana's strategy to explore deeper targets and evaluate district-scale potential for epithermal gold-silver systems.

The big picture

Orvana's acquisition of the Evelina Property aligns with its broader strategy to evaluate deeper mineralization targets at the Taguas Project, moving beyond near-surface oxidized gold-silver resources. The expansion reflects a trend in the mining sector toward consolidating district-scale land positions to enhance exploration potential and resource continuity. With the transaction valued at US$1.2 million, Orvana is positioning itself to capitalize on the prospective epithermal corridor in San Juan Province.

What we're watching

Geological Continuity: Whether the Evelina Property acquisition will confirm mineralization continuity between the new claims and existing Taguas Project areas.
Exploration Success: The pace at which Orvana can advance exploration activities at both Evelina East and West, particularly given the underexplored nature of Evelina West.
Development Flexibility: How the expanded land position will influence potential future infrastructure development and logistical optionality for the Taguas Project.