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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 Apr 13, 2011 9:12am
338 Views
Post# 18423542

New Drilling Program in Godan

New Drilling Program in GodanPulled the following info from Sedar April 20th, 2009 technical report from Kinbauri page 56.

Not sure if Orvana is only going to drill only Godan or are also planning to drill in La Ortosa as they are next to each other.  Seems like La Ortosa has had more drill holes and better results.   Lets wait and see. 

Hope to see a press release giving parameters of this upcoming drill program.

10.5 LA ORTOSA-GODAN

10.5.1 Godán

Godán is located 700 m east of the main intrusive zone in Ortosa in the area of a

Roman pit, where a gold zone has been defined by 3 drill holes. Sal-5x intercepted

13.7 m of silicified carbonate with arsenopyrite that averaged 1.9 g/t Au. Sal-6x

tested the zone at a position 70 m down dip and intercepted 1.9 m at 2.1 g/t Au, it

also penetrated skarn and altered diorite that averaged 0.54 g/t Au and 0.15%

molybdenum over a width of 54.05 m (including 0.45% Mo over 9.8 m). This

mineralised body remains open at depth and along strike.

Two drill holes (600 m) are planned at Godán to test its gold and molybdenum

potential.

10.5.2 La Ortosa

There are two defined zones at Ortosa, the first one is located at the centre of the

intrusive and it has been drilled from surface with some interesting results. Hole Ort

11 intercepted 7.21 g/t Au over 11.15 m and hole Ort 18, located 100 m east of Ort

11, intercepted 11.38 g/t Au over 3.40 m. The second target is called Ortosa West,

where hole ORTW 3 intercepted 6.81 g/t Au over 11.25 m in very competent rock.

Drill data from these two zones indicates a tight stratigraphic control for

mineralisation around the intrusion. Both zones remain open and they will be the

target of future exploration by Kinbauri.

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