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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 galaxyron Mar 20, 2011 12:18pm
471 Views
Post# 18312668

email from investor relations

email from investor relations
Sir:

1) if you are referring to Tax audit, we were fined about $57,000 for minor irregularities. Although there was and will not be a PR, details can be found in the MD&A. 

2) yes. This will be the first ore processed. 

3) the mill has been ready for months. The stockpile is from the Carles satellite deposit, which is NOT the high-grade gold ore. However, 2 of the 4 faces that are being prepared are on the high-grade gold zone. Production will be at about 70% capacity because we will use ramps for haulage. When the shaft is ready, about 12 months from now, we will be at 100% capacity, or 2,000tpd. 

4) no firm day, no hurdles at this time. 

Regards,

Bill Williams
VP, Corporate Development
Orvana Minerals Corp
480-522-7925



 
Hi,
 
Congratulations on the start of production in the UMZ.   I was a shareholder back from 1995-1997 and have become a shareholder again in 2010. I have a few questions which I hope you will be able to answer.
 
  1. The news release of Oct 29th in regards to the Bolivian audit, has it been completed and will a news release be issued with the results?
  2. The news release of Mar 7th states that the UMZ has stockpiled 200,000 tonnes of higher grade ore.  Page 9 of the March 2011 presentation indicates the production levels for 2011 and 2012, does the presentation take into account the higher grade ore?
  3. EVBC has stockpiled ore on the surface.  Will the mill start production before the shaft access at the 100 metre level is completed, or is the mill still being refurbished?  Is the stockpiled EVBC ore of a higher grade as well?
  4. Orvana has a planned start date of May for the EVBC, Has a firm or tentative date been set? Lastly are there any hurdles that may delay the start of production to beyond May?
Bullboard Posts