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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Post by galaxyron Apr 18, 2011 5:57pm

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Post# 18449308

Update on EVBC from Investor Relations

I contacted Investor Relations to inquire about what the daily capacity of the mill is and if stockpiled ore would be processed before the mine is fully commissioned. Production is scheduled for May according to April's Investor Presentation.

Investor Relations responded with:

The capacity of the plant is 2000tpd. The idea is to have at least 1 month's production stockpiled. Keep in mind that until the shaft is completed, which is projected for early 2012, we project to be at 70% capacity.

Bullboard Posts

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