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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 > economical or not?
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Comment by ganndolph1on Apr 18, 2022 11:05pm
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Post# 34612127

RE:economical or not?

RE:economical or not?xyz,

Based on the drilling results released to date, the horizontal dimensions of Lidia appear to be 200 meters by 500 meters.  Assuming an average ore grade of 0.5 g/t gold each vertical meter of mineralized material would contain about 1300 ounces of gold.  If drill hole 22Lidia05 proves continuity down to 200 meters, then Lidia could prove to be a 250,000 ounce deposit.

Economic at some point in the future as an open pittable deposit at a higher gold price.

ganndolph
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