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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
Post by Silly_meon Oct 31, 2010 2:01am
527 Views
Post# 17636241

Positive local support Re: Copperwood

Positive local support Re: Copperwood
New copper mine for Western U.P.
Posted: 10.29.2010 at 1:25 AM

Project would employ 100 residents for at least 10 years

Photo

WAKEFIELD -- The closures of the Smurfit Stone Paper Mill and White Pine Copper Refinery have made it a tough year for the Western U.P. but the Canadian based Orvana Company has announced it's moving forward with plans for a new copper mine in Gogebic County.

If all goes well, County Road 519 could soon become much more traveled - taking at least a hundred residents back to work.

It's all a part of the Copperwood Project - a plan by the Orvana Resources U.S. Corporation to open a temporary mine north of Wakefield.

"Geologists have known there was a steady ore body there for years; it was just a matter of time before mineral rights were secured," says Project Coordinator Dave Anderson. "We're hoping to build a copper mine to last for about 10 and a half years."

The company just finished a mandatory two year environmental study of the site. Now they're working to submit their permit application by next spring and also receiving assistance from the Western U.P. Planning and Development Region (WUPPDR) in obtaining federal grants.

"They have to upgrade County Road 519 and punch up a new road to the mine site," says WUPPDR Executive Director Kim Stoker. "Our job is to assist the road commission and coordinate activities with MDOT."

Construction on the Copperwood mine could begin by 2012 with production starting up a year later.

Everyone involved with the project is hoping the mine will have a positive effect on the local economy, even after production stops.

"This is a seed," Anderson says. "We'll leave behind infrastructure - water infrastructure, improved roads and improved power grid systems - and those infrastructure elements should be used to develop other types of businesses."

Orvana says they've had local support from the beginning but they plan to keep the public up to date as the project progresses.

The next informational meetings are scheduled for November 16th at the Wakefield VFW and November 17th at Gogebic Community College, both at 7 p.m.

Ciao

PS
Looks like Copperwood is a much anticipated project in the area. Anderson was even scheduled to give a presentation at Michigan Tech University - about three weeks ago.

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