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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

Comment by Nergyon Apr 16, 2021 12:26pm
115 Views
Post# 33011449

RE:RE:RE:RE:News April 15/2021

RE:RE:RE:RE:News April 15/2021The production was lower due to lower grades in the mined materials 15% lower than last quarter and mine plan. Looking forward to FY2022 when the ore grade increase 10% compared to FY 2022. They will show a stellar Q2 report, when the unsold products from Q1 is included in the financials. It's also worth to notice the inferred resource base with higher grades that they are building and the drill results presented in this report, that's drill results that would move the share price of many pure Exploration plays with 30%.
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