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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.


TSX:ORV - Post by User

Orvana Minerals Corp
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Post by xyz_trader1on May 18, 2021 1:09pm
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Post# 33222654

upcoming news at end of May 2021

upcoming news at end of May 2021

Taguas

  • Drilling campaign to enlarge the Mineral Resource started last February and was completed in April, with a total of 4,689 meters. Distribution of drilled meters is as follows (Figure 1):
    • 3,455 meters in Cerros Taguas to enlarge oxide resources (main target of this campaign).
    • 734 meters in Cerro Campamento with the aim of testing continuity of mineralized structures towards the southwest.
    • 500 meters in CARDS target 1 & 2 to explore the mineralogy potential of this area.

 

  • Laboratory assays and evaluation in progress, with expected completion by late May.
  • A new Mineral Resource Estimate is being updated in compliance with Canadian National Instrument 43-101, by Geosim Services Inc, an independent consulting firm, with expected completion by the third quarter of fiscal 2021.

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