Orvana Minerals Corp T.ORV

Alternate Symbol(s): ORVMF

Metals & Mining Gold

Orvana Minerals Corp. is a multi-mine gold-copper-silver company. It is involved in the evaluation, development and mining of precious and base metal deposits. Its assets consist of the producing El Valle and Carles gold-copper-silver mines in northern Spain, the Don Mario gold-silver property in Bolivia, and the Taguas property located in Argentina. The El Valle and Carles mines and the El Valle processing plant are a producer of copper concentrate and dore. El Valle is located in Asturias, Northern Spain. The Don Mario Operation is in San Jose de Chiquitos, Southeastern Bolivia. The Don Mario Operation consists of a set of assets that includes Las Tojas orebody, and the previously mined out lower mineralized zone, upper mineralized zone and Cerro Felix mines. The Taguas Property consists of 15 mining concessions over an area of 3,273.87 hectares, held and managed by its subsidiary Orvana Argentina S.A. Taguas is located in the province of San Juan, on the eastern flank of the Andes.

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Orvana Minerals Corp

Bullboard Posts

Comment by paljoeyon Feb 18, 2009 8:15am

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Post# 15785739

RE: Production in Q2 and Q3

If that is the case, Q2 and Q3 and Q4 should add a combined $16 million to the cash position which would bring it to about $135 million or about $1.20 per share in canuckbucks.

Also, if there is 1.15 million oz in the UMZ at $400 per oz, at $975 per oz the economic gold resource would be at least 50 % higher or near 2 million oz.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario