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 > ORVANA REPORTS Q1 FY2022 RESULTS

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Comment by checkmate28on Feb 11, 2022 9:49pm

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Post# 34422574

RE:ORVANA REPORTS Q1 FY2022 RESULTS

Highlights of the 2021 Taguas PEA to be filed include:

Pre-Tax NPV of US $104M at 8.0% discount rate
Pre-Tax Internal Rate of Return (IRR): 27.4%
After-Tax NPV of US $57M at 8.0% discount rate
After-Tax IRR: 20.2%
Payback Period (from start of operations): 2.9 years (years based on after-tax)
Initial Capital: US $141M
LOM Capital: US $148M
Estimated Average LOM All-In Sustaining Costs (AISC): US $915/Au oz payable

For short term catalysts, Still have resource building at Taguas, lots of drilling results Don Mario, and development starting on the OSP TSP project end of this calander year