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Orvana Minerals Corp T.ORV

Alternate Symbol(s):  ORVMF

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.


TSX:ORV - Post by User

Bullboard Posts
Comment by bobvee15on Apr 13, 2009 10:57pm
275 Views
Post# 15915110

RE: RE: RE: RE: RE: RE: Who wants to predict share

RE: RE: RE: RE: RE: RE: Who wants to predict shareYogi -Bolivia likely will not have an interruption period of mining at all. The Las Tojas open pit is next project to go forward when the LMZ deposit runs out. It has a 1 year life produced at 1900 TPD of which that rate is expected to continue for UMZ. The only negative here in operations is the cash costs will rise and profits are likely to fall some during this period since Las Tojas is a lower grade of gold.

Bullboard Posts