Orvana Minerals Corp T.ORV

Alternate Symbol(s): ORVMF

Metals & Mining Gold

Orvana Minerals Corp. is a Canada-based multi-mine gold-copper-silver company. The Company is involved in the evaluation, development and mining of base metal deposits. The Company owns and operates El Valle Mine and Carles Mine, which is situated in Asturias, Northern Spain (collectively El Valle) and is managed by its wholly owned subsidiary, Orovalle Minerals S.L. (Orovalle). In addition to El Valle, it owns certain mineral rights located in the region of Asturias. It also owns the Don Mario Operations (Don Mario) in San Jose de Chiquitos, Southeastern Bolivia and is managed by its wholly owned subsidiary, Empresa Minera Paititi S.A. (EMIPA). It consists of around 10 contiguous mineral concessions covering approximately 53,325 hectares (ha). Through its subsidiary Orvana Argentina S.A., the Company holds its 100 % owned Taguas Property, which is situated in the Province of San Juan, Argentina, and consists of approximately 15 mining concessions covering approximately 3,273.87 ha.

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Orvana Minerals Corp

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Post by goldpigon Dec 29, 2008 2:22pm

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Post# 15670005

Peru or Mexico ?

Orvana has two inactive subsidiaries, both of which are wholly-owned and have no assets or mineral property holdings, are as follows: Mexico Minera Orvana Mexico S.A. de C.V and in Peru Minera Orvana Peru S.A.

Its recent US acquisition activated its US subsidiary.

Its a fair bet that when they announce their next acquisition , it will be in either Peru or Mexico.
Administratively, this makes great sense , and the fact that both Peru and Mexico are mining friendly countries also makes a lot of sense.

Soon, the news.