Orvana Minerals Corp.

Orvana Minerals Corp.

February 25, 2010 09:00 ET

Orvana Announces the Appointment of Roland Horst as Chief Executive Officer

TORONTO, ONTARIO--(Marketwire - Feb. 25, 2010) - Orvana Minerals Corp. (TSX:ORV) today announced that Roland Horst has been appointed as the corporation's Chief Executive Officer. Mr. Horst has 35 years of mining industry experience as a chief executive officer, investment banker, corporate banker and geologist, including 13 years as a CEO of both public and private companies involved in mining production, development and exploration in Canada, Brazil, Indonesia and Chile. Most recently, he was President and CEO of Royal Nickel Corporation.

"Orvana is going through a period of significant growth," said Kent Jespersen, the Chairman of Orvana's board of directors. "We expect this growth to continue as the corporation develops its current projects and, with this in mind, we have expanded Orvana's senior management team. With his background and experience, Mr. Horst will be a valuable addition to Orvana's management team, working with Carlos Mirabal, who will continue to serve as the corporation's President and assume the role of Chief Operating Officer," explained Mr. Jespersen.

Mr. Horst holds a Masters in Business Administration from the Richard Ivey School of Business Administration, University of Western Ontario; a Bachelor of Law (LLB) from the University of Western Ontario; a M.Sc. in Geology from Laurentian University; and a B.Sc. in Geology from McGill University. He will be based at the Corporation's head office in Toronto. 

About Orvana

Orvana Minerals is a gold producer with a strong balance sheet and is transforming itself into a multi-mine gold and copper producer. Orvana owns and operates the Don Mario Mine in Bolivia and is developing two other promising assets: the advanced-stage El Valle-Boinás/Carlés gold-copper project in northern Spain and the Copperwood copper project in Michigan. Additional information is available at Orvana's website (www.orvana.com).

Contact Information

  • Orvana Minerals Corp.
    Jane Watson
    Investor Relations
    +1 (647) 221-9505