Orvana Minerals appoints Jim Gilbert as Chairman of the Board alongside Gordon Pridham as Lead Independent Director

– CANADA, Toronto – Orvana Minerals Corp. (TSX:ORV) is pleased to announce the appointment of Mr. James Gilbert as Chairman of the board of the directors and Mr. Gordon Pridham, who has served as a director since November 2014, as Lead Independent Director.

Mr. Gilbert is an accomplished senior mining executive with extensive leadership and governance experience, along with international investment, financing and corporate transaction expertise. Mr. Gilbert previously served as a director of the Company from August 2009 through February 2012.

Mr. Gilbert succeeds Mr. Jacques McMullen as Chairman. Mr. McMullen and Ms. Audra Walsh have stepped down from the Board to focus on other career opportunities.

“On behalf of management and the Board, I would like to thank Jacques and Audra for their tremendous contributions to the Company and wish them the very best in their future endeavors,” said Gordon Pridham, Lead Independent Director. “We welcome the return of Jim as a Director and value the important contributions he made to the Company during his previous tenure. We believe the breadth of his financial and resource-based experience will once again be a key asset to Orvana.”

Mr. Gilbert is currently an executive officer of Minera S.A., an affiliate of Orvana’s majority shareholder Fabulosa Mines Limited, and previously served as President, Chief Executive Officer and Director of First Point Minerals Corp. and Minera. He has also held senior positions with Gerald Metals Inc., Rothschilds Inc. and Coopers & Lybrand. Mr. Gilbert has an MBA from the Wharton School of Business and a BA from Bucknell University.

About Orvana

Orvana is a multi-mine gold and copper producer. Orvana’s operating assets consist of the producing gold-copper-silver El Valle mine in northern Spain and the producing gold-copper-silver Don Mario mine in Bolivia.

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