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

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Comment by yogi33on Aug 17, 2010 3:18pm

287 Views

Post# 17358474

RE: RE: Bolivia overhang?

Interesting listen to their conference call....check their website out for a replay if you missed it (along with their presentation)

- UMZ production startup in October 2010. They have spent $15million of the $20 million needed for startup.
- EV production to start in Jan 2010. they have spent $15million of the estimate capital costs of $60 million.
- 75% of revenue will come from Spain and 25% from Bolivia.

Looks like we are in good shape. Lets hope no surprises in October with the facility from Credit Suisse.

yogi...

Bullboard Posts

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