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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 newbie880on Jan 18, 2012 8:43pm
298 Views
Post# 19419809

Screwed up big time...

Screwed up big time...

From  an August 10, 2010 New release. The UMZ will have

10-year mine life with annualized production of nearly 19,000 oz gold, over

600,000 oz silver and nearly 8,000 tonnes copper over first 5 years

o Construction 75% complete with start-up in fall, 2010

 

Now today they announce this bullsh*t for the next nine years in Bolivia

 

Avg. Annual Production (LOM)         12,000 ounces Au
          6,000 tonnes Cu
        420,000 ounces Ag

 Off by nearly 7000 ounces of gold, 2000 tonnes of copper, and 180 000 ounces of silver. And there are posters that are saying everything is fine. This is just the f*ck up in Bolivia, not to mention the disaster in Spain. Don't believe a word that comes out of their mouth.

 

 

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