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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 checkmate28on Mar 31, 2022 10:27am
110 Views
Post# 34562759

RE:COG (cut off grade) for drilling of oxides is 0.25 g/t Au

RE:COG (cut off grade) for drilling of oxides is 0.25 g/t Au
xyz_trader1 wrote: Very encouraging results
  • 61.2 meters @ 0.82 g/t Au and 16.59 g/t Ag
  • 25.7 meters @ 0.53 g/t Au and 17.49 g/t Ag
  • 84.6 meters @ 0.36 g/t Au and 3.82 g/t Ag
any intercept above 0.25 g/t AU according to their presentation for Taguas is economical.
very encouraging results so far

and assays pending for higher grade

  • Drilling has commenced in Cerro Campamento in order to define the shallower part of high gold grade oxides, which can potentially be mined by open pit.
  • 3 core holes totaling 251.2 meters.
  • All assays are pending.

xyz

One thing I noticed was the volume of drilling they are doing. 21,400 Meters of drilling complete by Fiscal Q2 which is March 31st 2023   Thats a lot of results were going to see for such a small Market Cap company
  • Cerros Taguas
    • Phase 1 Infill drilling  (6,000 meters)  Current
    • Phase-2 (additional  11,000 meters)  complete Q2 Fiscal 2023
  • Cerro Campamento
    • Phase 1 Infill drilling (1,400 meters)  Current
    • Phase-2 (additional  3,000 meters)  complete Q2 Fiscal 2023
Plus this note was positive    Cerros Taguas Results
 more high grades structures than previously modeled:
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