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BRIEF-Orvana provides operational update on Don Mario's CIL project

Published 2017-01-30, 06:39 a/m
Updated 2017-01-30, 06:40 a/m
© Reuters.  BRIEF-Orvana provides operational update on Don Mario's CIL project

Jan 30 (Reuters) - Orvana Minerals Corp ORV.TO

* Orvana provides operational update on Don Mario's CIL project

* Orvana Minerals Corp says re-commissioning of carbon-in-leach circuit ( "CIL project") at company's Don Mario mine is near completion

* Orvana Minerals Corp says total capital costs for CIL project are expected to be in line with capital cost estimate commissioned by company in 2016

* Anticipates CIL circuit will deliver substantially higher average gold recoveries of about 80 pct compared to current average gold recoveries

* Expected increase in gold ounces produced will positively impact unitary cash costs and provide free cash flow in second half of 2017 Source text for Eikon: ID:nPnCj39ga Further company coverage: ORV.TO

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