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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 griffen1on Jan 18, 2012 10:15pm
372 Views
Post# 19420042

The bigger news in the press release

The bigger news in the press release

Why does Orvana always bury these gems as an add on to other matters.  The drill results indicate a rich deposit extension of the discontinued LMZ.

 

 

The Company drilled two exploration holes that targeted geophysical anomalies west of 
the UMZ.  One of these holes intercepted the projection of the Lower Mineralized Zone 
shear zone.  The hole, which was collared on the UMZ deposit and drilled nearly 
perpendicular to the dip of the shear zone thus being a representation of true width, 
returned 23.7 metres of 1.22% copper, 2.75 g/t gold, and 16.5 g/t silver, including 2 
metres of 2.49% copper, 18.86 g/t gold, and 73.5 g/t silver.  The hole intercepted the 
shear zone about 60 metres above the highest level of mining within the shear zone.  
This mineralization was not included in the UMZ reserve estimate, but will be evaluated 
for possible inclusion in any future mine plan.
Bullboard Posts