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Orvana Minerals Corp T.ORV

Alternate Symbol(s):  ORVMF

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.


TSX:ORV - Post by User

Bullboard Posts
Post by member321on Sep 22, 2011 9:09am
314 Views
Post# 19070623

Good News - Production Update

Good News - Production Update August production was 2,641 ounces of gold, 5,000 ounces of silver, and 208,844 pounds of copper from an average daily throughput of 1,542 tonnes with head grades of 1.94 grams per tonne gold, 6.21 grams per tonne silver, and 0.30% copper. The commissioning of the mine is advancing positively. Throughput is better than the planned 1,400 tonnes per day, which throughput will increase to 1,900 tonnes per day when the shaft is completed in early 2012. Gold head grades should steadily increase over the next few months and 2012 monthly gold production is targeted at an average of 5,000 ounces per month.
Bullboard Posts