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 > Q2 results next week

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Comment by Nergyon May 11, 2021 5:54am

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Post# 33171651

RE:RE:RE:RE:Q2 results next week

You can call it whatever you want.

I see a very profitable mine at Orovalle, and the AISC you're presenting could be cut in half if the inventory is sold.

I see relatively high CAPEX and significant resource growth and I see maintained production figures i.e 14koz Au and 2 Mlbs Cu per quarter during Q3 and Q4.

Of specific interest is the results from Taguas later this month, that is a mine that could take us from a redicolous 40MCAD mcap to 1BUSD+ mcap longterm.

GLTA

yogi33 wrote:
The more things change, the more they stay the same

OroValle

Quarterly gold production of 10,785 ounces, 24% lower than previous quarter due to 12% lower throughput and 11% lower grade. The start of the quarter was impacted by infrastructure issues in one sector of the mine; the mine schedule was successfully rectified to be on track to meet FY2021 guidance.

Copper production was 1.4 million pounds, 34% lower than previous quarter, due 12% lower throughput and 26% lower grade.