Orvana currently has three properties. Further information is provided in sections on each of these projects.

El Valle-Boinás/Carlés, Northern Spain

The El Valle and Carlés Mines were acquired by Orvana in September 2009, and are located in the Rio Narcea Gold Belt in northern Spain, close to the port city of Gijón.

Commercial production commenced in August, 2011.

Don Mario District, Eastern Bolivia

Through its wholly-owned subsidiary, Empresa Minera Paititi S.A. (“EMIPA”), Orvana owns and operates Don Mario Operation (“Don Mario”), located in San Jose de Chiquitos, Southeastern Bolivia, consisting of 10 contiguous mineral concessions covering approximately 53,325 ha, the processing plant and the tailings facility. Don Mario is currently in care and maintenance, transitioning to the Oxides Stockpile Project, consisting of a plant expansion to treat ore stockpiled from previous years of mining activity.

Taguas Project, Argentina

The Taguas Property (“Taguas”) consists of 15 mining concessions over an area of 3,273.87 ha. It is located in the Province of San Juan, on the eastern flank of the Andes, between 3,500 m to 4,300 m above sea level. Taguas is managed by the Company’s subsidiary Orvana Argentina, S.A. On February 11, 2022 the Company filed the "Preliminary Economic Assessment NI 43-101 Technical Report on the Taguas Heap Leach Project San Juan, Argentina”, prepared in accordance with National Instrument 43-101 - "Standards of Disclosure for Mineral projects". The report refers only to the oxidized gold-silver mineralization occurring near surface in Cerro Taguas. During fiscal 2022, a drilling campaign was commenced to upgrade the mineral resource from inferred category.