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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 Nov 16, 2011 12:04pm
362 Views
Post# 19241839

Copperwood Deposit

Copperwood Deposit "The Copperwood project refers to a stratiform copper deposit in shales and siltstones of the lowermost Nonesuch Formation along a shallow-dipping southern limb of the westward-plunging Western Syncline in the Upper Peninsula.Within the deposit the company says copper occurs as very fine-grained chalcocite."Fully-diluted proven and probable reserves are 22.6 million tonnes of 1.37 percent copper and 4.2 grams per tonne silver and 4.6 million tonnes of 1.11 percent copper and 2.8 grams per tonne silver, respectively (total of 798 million pounds of contained copper and 3.5 million ounces of contained silver)," the company's release states. "The ore body contains little pyrite, the iron sulfide that most commonly becomes acidic." Williams says.Baja has a similiar soft rock deposit consisting of 1.33 percent copper in 7 horizontal clay beds that are currently being mined with continous mining machines and the ore will be stock piled pending completion of the plant currently under construction. Baja has Co, Zn, and possibly moly credits in their deposit while Copperwood has silver credits.You can see pictures of Baja's continous mining machines and also a video animation of a continous mining operation. Calcocite is a sulphide of copper as "Bobvee" correctly points out. This is an advantage as recovery rated are very high on this using standard grinding and flotation.
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