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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 NostradamusIIon Jul 14, 2021 3:38pm
123 Views
Post# 33543717

RE:RE:RE:RE:Q3 update

RE:RE:RE:RE:Q3 updateUpdate – looking good

Following plan, no new delays as far as I could see. Taguas as previously reported, really strong previous update and OSP remaining on plan for decision before year end all good.

Production in line with guidance and some decent numbers for both Au and Cu, definite improvement from Q2, which is thus on the positive note.

Copper production and sales should support All in costs around 1600 and thus a nice profit for q3 and strong cash flow generation which supports the development with further drilling, OSP development and moving Taguas forward.

Nice drilling results at Orovalle, A208 East new zone, High angle east still open for further extension and further strong results of infill program at East Breccia with some really nice grades and widths. Will definitely add to life of mine which is great, looking forward to resource update at end of the year.

This should support share price, we will move upwards. Still under the radar but my feeling is that there may be one or several bigger investors that have started quietly accumulating.
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