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.

TSX:ORV - Post by User

Orvana Minerals Corp

Bullboard Posts

Comment by peegoon Feb 21, 2012 4:42pm

328 Views

Post# 19563272

RE: M+I compared 2 P

I think the lower grades have something to do with their revised mining plan?

From the press release, they said:

=============

Given that the shaft is

scheduled for commissioning in April, 2012, it was decided to bulk mine the El Valle/Boinás skarns by longhole stoping methods, followed by backfill, as opposed to the more selective cutand-fill methods in certain areas. The bulk mining of the skarns requires less development for

stope preparation and results in greater productivity

==============

maybe has something to do with the new Bulk mining vs selective methods. Just my uneducated guess. =)

Bullboard Posts

Dollar Tree CEO Rick Dreiling steps down as discount retailer struggles