Orvana Minerals Corp.
TSX : ORV

Orvana Minerals Corp.

July 05, 2005 09:01 ET

Orvana Experiences Work Stoppage at its Don Mario Mine

TORONTO, ONTARIO--(CCNMatthews - July 5, 2005) - Orvana Minerals Corp. (TSX:ORV)("Orvana" or the "Company") announces that the unionized work force at its Don Mario gold mine in Bolivia has commenced strike action. Mine management and the union representing mine employees have been negotiating a labour contract and are continuing to negotiate, but at this time, an agreement has not been reached.

The effect of the strike on total production and costs cannot be determined at this time and will be impacted by, among other things, the length of any labour stoppage and the terms of any final settlement that may be reached.

About Orvana

Orvana Minerals Corp. is a Canadian gold mining and exploration company based in Toronto, Ontario, involved in the evaluation, development and mining of precious metal deposits in the Americas. The Company owns the Don Mario gold mine in eastern Bolivia. Orvana's long-term goal is to become a low cost, multi-mine producer in the Americas. Orvana's shares have been listed on the Toronto Stock Exchange since 1992 under the trading symbol ORV.

Forward-Looking Statements

This news release may contain forward-looking statements that are based on the Company's expectations, estimates and projections regarding its business and the precious metals market and economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances.

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