Orvana Minerals Corp T.ORV

Alternate Symbol(s): ORVMF

Metals & Mining Gold

Orvana Minerals Corp. is a multi-mine gold-copper-silver company. It is involved in the evaluation, development and mining of precious and base metal deposits. Its assets consist of the producing El Valle and Carles gold-copper-silver mines in northern Spain, the Don Mario gold-silver property in Bolivia, and the Taguas property located in Argentina. The El Valle and Carles mines and the El Valle processing plant are a producer of copper concentrate and dore. El Valle is located in Asturias, Northern Spain. The Don Mario Operation is in San Jose de Chiquitos, Southeastern Bolivia. The Don Mario Operation consists of a set of assets that includes Las Tojas orebody, and the previously mined out lower mineralized zone, upper mineralized zone and Cerro Felix mines. The Taguas Property consists of 15 mining concessions over an area of 3,273.87 hectares, held and managed by its subsidiary Orvana Argentina S.A. Taguas is located in the province of San Juan, on the eastern flank of the Andes.

TSX:ORV - Post by User

Orvana Minerals Corp > Dr Copper!

<< Previous

Bullboard Posts

Next >>

Post by NostradamusIIon Feb 25, 2021 7:08am

203 Views

Post# 32655707

Dr Copper!

Copper over 4.3 USD/lb. Going to make great impact on AISC, now about 1.1 USD higher than the average sales price in Q1 report gives about 9 MUSD in added sales on FY basis only from Orovalle going forward or 0,09 CAD/share. This equals a gold price of about 1960 USD/oz if copper would have been flat as compared to Q1 report.

And the value of that OSP just keeps on increasing, the copper value in that dirt pile is really starting to dominate future extraction value, 367 MUSD contained as compared to the gold value of 217 MUSD. Hope they can get that pilot concluded soon with a strong Cu recovery level!

<< Previous

Bullboard Posts

Next >>

Geologica Resource: Polymetallic upside at a depressed price