Orvana Minerals Expands Argentina Footprint With Evelina Acquisition
Orvana Minerals has finalized a $1.2 million deal to acquire the Evelina Property in Argentina’s San Juan Province from Pan American Silver. The acquisition adds 4,015 hectares to the Taguas Project, effectively increasing the company’s exploration footprint in the region by 123 percent and securing land along a key metallogenic belt.
The newly acquired claims in the Iglesia Department include Evelina I and the Gabriela group. By integrating this land into the existing Taguas site, Orvana expands its total holding to 7,289 hectares. The move is designed to support the company’s push into deep-seated sulfide and porphyry-style copper-gold mineralization, shifting focus beyond the near-surface gold and silver resources identified in earlier assessments.
Geological surveys suggest the Evelina sector serves as a southern extension of the Cerros Taguas mineralized corridor. Satellite data and early-stage indicators, such as argillic alteration and alunite presence, point to a high-sulfidation epithermal environment. Orvana CEO Juan Gavidia noted that consolidating this continuous land package provides greater logistical flexibility for future infrastructure and deep-drilling campaigns. The company is currently synthesizing results from its FY2026 drilling program to shape an integrated exploration strategy for the coming year.
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