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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 ganndolph1on Mar 03, 2022 9:05pm
177 Views
Post# 34481568

RE:RE:RE:AGM

RE:RE:RE:AGM

greendayyyy,  Thanks.  I had no problem logging into the Zoom video call five minutes before 9AM.
 

The meeting started on time and reelected all Directors. I had no problems with the Zoom call, and asked my questions about a 43-101 update, a new mine portal, and optimization of underground mining.  Mr. Gavidia stated that a new mine portal was not justified based on the projected cost. He stated that Orovalle has a 5 year mine plan. I asked why they were mining at grades significantly lower than the long term average ore grades? Mr. Gavidia stated that Orvana's mine plan is based on mining average grades and not based on going after localized high grade areas.

He invited shareholders to contact him and ask questions, so IMHO, there is no issue with transparency.  I will contact Mr. Gavidia to get additional insight with how the mine planning process interacts with Orvana's exploration results.

ganndolph

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